Selective AMC stocks like HDFC Asset Management Company and Nippon Life India Asset Management may rise up to 15%
Life Insurance Corporation of India and Bharat Electronics may see up to 10 per cent rally in coming sessions.
Technical chart of InterGlobe Aviation appears promising, with price action heading towards Rs 2,800. SpiceJet remains underperformer.
Shares of UltraTech Cement and Titan Company reached new historic peaks, while ABB India hit a new 52-week high on Friday
RCF, GNFC and FACT may rally up to 15% as per their technical charts
When the larger trend is strong, stocks in overbought territory tend to continue perform and stay buoyant in the face of any setback.
These stocks can gather steam provided crude prices soften and the government policies remain supportive. Here are the key levels one needs to monitor for these stocks.
Overall trend of the MRF shares has become lucrative and highly optimistic following decisive rally over the key hurdle of Rs 95,000. The short-to-medium trend is poised for 20 per cent upside.
The bullish trend in TTML, Suzlon, Paytm, Mazagoan Dock Shipbuilders and Torrent Power continues to remain resilient, anticipating up to 30 per cent upside.
Except Jindal Stainless, other metal stocks require to cross key barrier to rally forward
Selective rate sensitive stocks may rise up to 12 per cent
Nifty FMCG is in the overbought zone, indicating that it is expected to trade sideways or experience a timewise or a pricewise correction, says Ravi Nathani
A close below 4,050 in the Nifty PSU Bank index would likely attract profit booking in the near term, says Ravi Nathani, an independent technical analyst.
Every minor correction may see addition of long positions, say experts
Buy Bharat Forge Rs 800 Call option and simultaneously Sell Rs 820 Call of the June series, suggests Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.
Stocks setting new 52-week highs demonstrate aggressive chart structures
Shares of IDFC First Bank, IndusInd Bank, Bandhan Bank, and Axis Bank may surge up to 15 per cent, show technical charts.
Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA
Barring Fsn E-Commerce Ventures and Delhivery, Zomato, Paytm, and PB Fintech may rally up to 19%, show technical charts
Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities, recommends to buy 170 call option of PFC & simultaneously sell 180 call option of June series