The monthly chart shows a strong bullish sentiment if the stock closes above 95,000 levels
The Brexit deal removes a major overhang on equity markets worldwide
Among the Nifty 500 stocks, nearly 370 stocks are trading on the upper side of the momentum indicators
Few pharma stocks are expected to weaken at higher levels.
Major paper stocks have crossed their respective 200-DMA.
Realty stocks are showing strong upside momentum
Indraprastha Gas stock is seeing a strong resistance at 490 levels on weekly charts. If it manages to breach this level decisively, then the upside may see a rally towards Rs 525 and Rs 555 levels
Major stocks are showing upside bias with support from moving averages and technical parameters
Nifty Mid and Small caps 100 are showing strong upside.
The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts
The state-owned lender on Wednesday posted a 51.88 per cent growth in net profit for the second quarter ended September 2020 (Q2FY21).
Major stocks are preparing for next leg of breakouts.
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
For Sensex, Nifty50, and Nifty Bank, the underneath trend is bullish till the crucial support levels are held on a closing basis.
The overall medium-term trend can take the stock towards Rs 800 levels, charts suggest
Two-wheeler stocks such as TVS Motor, Hero MotoCorp, and Bajaj Auto were among the top gainers on the Nifty Auto index, surging up to 1.6 per cent in the intra-day deals on the National Stock Exchange
After facing resistance at the 100-day moving average (DMA), placed at Rs 925, L&T has now managed to conquer the level decisively.
The OFSS counter is heading towards Rs 3,600-mark as per the weekly chart.
JK Tyre was trading over 8 per cent higher after the company reported a strong operational performance for the September quarter.
With a successful run above the 200-day moving average (DMA), the Nifty Bank is set to climb higher levels. However, once cannot rule out intermittent corrections