As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels
Previous top on the daily charts is placed at 11,794, which is likely to provide support to the index
The level of 11,000 will act as support for the Nifty as maximum put open interest (OI) is placed here
Banking stocks' gain on Friday may provide impetus for the extended rally going forward
The momentum indicators and oscillators are in the buy mode on the daily scale for Muthoot Finance
There is a lot of uncertainty and clear trend is not visible on the charts
Is it a good time to buy stocks of multiplex operators amid unlocking of the economy? Here's what charts suggest
On year-to-date (YTD), basis, ITC has slipped nearly 24 per cent. In comparison, the Nifty FMCG index has gained 2 per cent, while the Nifty 50 has slipped 5.3 per cent during this period
Britannia's stock has shown signs of bottoming out
The momentum indicators and oscillators are very well in the buy mode on daily as well as weekly scales which hints of a further positive momentum in TCS
Looking at the technical set up, with last week's price activity, we can see a formation of 'Bearish Engulfing' pattern on weekly chart
Airtel's stock has surpassed the hurdle around 540 levels
We might witness weakness only if Nifty breaks level of 10,700
The stock of ABB has made a higher bottom formation pattern taking support near 776 levels and has picked up with momentum to improve the bias
The sharp upswing in the market has got several traders off guard. Shrugging off grim economic forecasts and rising Covid-19 cases, the benchmark Nifty has climbed 11.4% from May 18
The rally was mostly due to positive global cues that saw the US markets close firm on Monday on hope of an economic recovery after a successful early-stage trial of a coronavirus vaccine
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Marico has currently given a decent bounce with a positive bias and the RSI is also showing a trend reversal with a buy signal
Nifty view and stock recommendations by Vaishali Parekh of Prabhudas Lilladher
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor