Hindustan Aeronautics shares may dip up to 20 per cent upon breaking key support.
According to the technical analyst, the best trading strategy for traders would be to buy on dips with a strict stop loss of 16,800 on a closing basis for Nifty
Selective AMC stocks like Nippon Life India Asset Management and Aditya Birla Sun Life Amc could slip up to 15 per cent, show technical charts
The stock is placed below all important moving averages, which indicates a bearish trend on all time frames, says technical analyst from HDFC Securities
According to the technical analyst, the Nifty Media Index is currently displaying a range-bound pattern, with fluctuations occurring within a prescribed range
Every reversal in Bajaj twins is expected to face sell-off, until key levels are not conquered, with aggressive volumes.
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends a Buy on Coromandel International and Zensar Tech.
According to the technical analyst, traders can employ 'buy-on-dips' strategy for Nifty Private Bank, Nifty PSU Bank, and Nifty Financial Services indices
Adani Enterprise, Adani Power and Adani Wilmar may rise up 35 per cent upon conquering key hurdles
According to the technical analyst, the Nifty index exhibits an imminent pullback in the near-term post an oversold disposition
BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour.
The derivative analyst from HDFC Securities recommends to Buy Glenmark Pharma 440 CALL at Rs 7 & simultaneously sell 450 CALL at Rs 4 of March series
According to the technical analyst, he remains bullish on Nifty Pharma, and Nifty Oil & Gas indices
Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground
The heavy-weight Reliance Industries has broken critical support of Rs 2,300, raising concerns about the future drawdown. In addition, the formation reveals a "Descending Triangle" violation
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Zydus Life and Coal India
According to the technical analyst, charts suggest rapid technical bounce for the Nifty Auto index, wherein traders can anticipate a price recovery
With an view to capitalize on a potential technical bounce, the technical analyst advises traders to adopt a buying strategy near the support price.
Build-up of long OI in general indicates that traders are expecting the price of the underlying stock or index to gain in the near-term.
The technical analyst sees 17,315 as a critical support level for the near term.