Hitesh Tailor, technical research analyst at Choice Broking highlights that HPCL, BPCL and Gail India have bounced back after taking support around their respective 200-week EMAs.
Midcaps to buy: Muthuselvaraj, Research Analyst at Mirae Asset Sharekhan expects Adani Total Gas to hit ₹1,350 levels; JSW Energy and Astral to rally over 50% as Nifty MidCap hits new life-time high.
Angel One, Groww, 360 One Wam: 3 brokerages with up to 250% surge in Q4 net profit; time to buy stocks?
Ajit Mishra of Religare Broking flags that ITC's overall chart structure remains negative, and the stock is likely to consolidate further in the near-term.
Om Mehra of SAMCO Securities believes that Tata Capital stock is approaching a critical confluence zone around ₹300-mark; but adds that a move above its 20-DMA is key for a likely revival.
Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.
Ajit Mishra of Religare Broking expects SAIL to rally to ₹240, and Dixon Technologies past ₹13,000-mark; whereas, he cautions Kaynes Technology could crack to ₹2,500 if it breaks key support.
Muthuselvaraj M, Research Analyst at Mirae Asset Sharekhan believes that both Eternal and Maruti have corrected significantly from their respective peaks and are now showings some signs of strength.
Gold-related stocks are likely to remain in focus post 15% import duty hike. In the last two days, these shares tumbled up to 15% after PM Modi appealed to Indians to abjure buying gold for a year.
Mid-, small-cap stock ideas: Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates sees up to 23% upside potential in NCC, Zydus Wellness, Aarti Industries, VTL and Redington.
Analysts at Axis Direct recommend a buy on Apollo Hospitals, Amber Enterprises and CG Power in their weekly stock picks, for a potential upside up to 19 per cent.
Samvardhana Motherson International stock is favourably placed and showing strength on the weekly charts, say analysts at Choice Equity Broking.
Death Cross alert: Technical analyst at Choice Broking expects Nifty Auto and Bank Nifty to underperform in the near-term as shorter-term moving average has slipped below the long-term 200-DMA.
Top stocks to buy below ₹100: Rajesh Bhosale of Angel One recommends buy on NHPC, NMDC, HCC, South Indian Bank and Lloyd Engineering for up to 23% upside potential based on technical chart patterns.
Analysts at Geojit Investments expect Navin Fluorine stock to rally to ₹8,500 levels, as it is exhibiting strong bullish price action with well-defined higher highs and higher lows on charts.
Anand James, chief market strategist of Geojit expects up to 22 per cent upside in Tata Chemicals, Ramkrishna Forgings and Crompton Greaves Consumer Electricals.
Technical analyst at Choice Broking expect CUB and LTF to rally up to ₹315 and ₹320 levels in the near-term; whereas Elara Capital projects a medium-term target levels.
Axis Bank and Paytm opened with a negative gap, dipping up to 8% in Monday's trading session. Angel One's technical analyst warns that this bearish gap may weigh on sentiment at these 2 counters.
Anand James, chief market strategist at Geojit Investments highlights that Infosys and HCL Technologies look weak on charts as both were trading below March lows and the lower-end of Bollinger Bands.
Kunal Shah Senior Technical Analyst at Mirae Asset Sharekhan believes that Nestle India has given a decisive breakout on the weekly chart, and could potentially rally to ₹1,500-mark on the upside.