Page 46 - Stocks Technical Analysis
Chola Fin, IDFC: 5 NBFC stocks to invest for short-to-medium term gain
Major Non-Banking Financial Company (NBFC) shares could offer significant gains from a short-to-medium term perspective, as their present formations on technical charts illustrate a long-term upside.
 "Chola Fin, IDFC: 5 NBFC stocks to invest for short-to-medium term gain")
Hold longs on Nifty with a stop at 17,500: HDFC Securities
Among individual stocks, Vinay Rajani the technical & derivative analyst recommends to Buy Ircon International and ABFRL.
 "Hold longs on Nifty with a stop at 17,500: HDFC Securities")
Sensex, Nifty likely to hit all-time high; Nifty Bank may lead the rally
Nifty Bank, in particular, has emerged as the front runner of the reversal rally. The banking index has gained 6.60 per cent and overcame vital hurdles in the recent sessions.
 "Sensex, Nifty likely to hit all-time high; Nifty Bank may lead the rally")
F&O Strategy: HDFC Securities recommends Bull Spread on Canara Bank
Nandish Shah recommends to Buy Canara Bank 290 Call option and simultaneously Sell 300 Call of the April series.
 "F&O Strategy: HDFC Securities recommends Bull Spread on Canara Bank")
Renuka, EID Parry: Sugar stocks to sweeten as global prices hit 11 yr-high
Domestic sugar stocks may rally up to 25 per cent after crossing key hurdles
 "Renuka, EID Parry: Sugar stocks to sweeten as global prices hit 11 yr-high")
ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak
FMCG stocks may rise up to 17% once the index hits a new all-time high
 "ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak")
Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani
Based on the technical analysis of the Nifty Auto index using near-term charts, it is anticipated that the index may continue its upward trend in the near to short term, said the technical analyst
 "Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani")
These realty stocks can rally up to 12% once index conquers 200-DMA
If Nifty realty index succeeds to break through its 200-DMA, technically the bullish push may trigger further upside in realty stocks.
 "These realty stocks can rally up to 12% once index conquers 200-DMA")
Bank Nifty may not hold recent gains; advise selling on rally: Ravi Nathani
Technical analyst Ravi Nathani says the best trading strategy for near-term traders would be to sell Nifty Bank on rallies, with a stop-loss of 41,364
 "Bank Nifty may not hold recent gains; advise selling on rally: Ravi Nathani")
5 mid-cap stocks hit crucial peaks, enter next bull run; Do you own any?
These 5 mid-cap stocks may rise up to 20 per cent, as technical charts reveal positive breakouts
 "5 mid-cap stocks hit crucial peaks, enter next bull run; Do you own any?")
SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy
An unchanged repo rate may propel rate sensitive stocks to rise up to 15 per cent
 "SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy")
Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani
According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias
 "Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani")
RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%
When a stock reaches a new definitive peak, the trend is observed to rally in the same direction in the following sessions. This could become the case for Oil & Natural Gas Corporation and Oil India.
 "RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%")
'Sell-on-rise' strategy suitable for Nifty Private Bank index: Ravi Nathani
The technical analyst recommends to employ 'sell-on-rise' strategy for Nifty Private Bank, Nifty Consumption indices in the near-term
 "'Sell-on-rise' strategy suitable for Nifty Private Bank index: Ravi Nathani")
Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani
The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term
 "Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani")
Nifty Commodities show bearish trend, suggest 'sell-on-rise': Ravi Nathani
The technical analyst recommends traders to employ a "sell on the rise" strategy when trading Nifty Commodities, given that its short-term pattern appears to be trading within a range of 5,600-5,400
 "Nifty Commodities show bearish trend, suggest 'sell-on-rise': Ravi Nathani")
Manappuram, MGL: Select small-cap stocks are poised for bigger upside
Selective small-cap stocks may rally up to 22 per cent in coming months, show technical charts
Bias for Nifty likely to remain bearish below 17,210: HDFC Securities
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to Buy Mahanagar Gas and Dr.Reddy's Labs.
 "Bias for Nifty likely to remain bearish below 17,210: HDFC Securities")
Inverse H&S in pharma index could revive a positive bias for short-term
Pharma shares like Aurobindo Pharma, Zydus Lifesciences, Sun Pharmaceutical Industries Ltd, Glenmark Pharmaceuticals may rise up to 14 per cent.
 "Inverse H&S in pharma index could revive a positive bias for short-term")
Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani
According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236