Apart from Nifty, 1 in every 4 stocks traded on NSE on Sept 4 recorded the day's high at open, and closed near the day's low; thus forming a 'Bearish Marubozu' candlestick pattern on the daily chart.
Samman Capital stock outlook: The stock has gained investor attention on inclusion in the F&O segment; tech charts however hint at strong resistance for the stock in the ₹144 - ₹149 range.
Reliance Industries share price may seek support around the 200-DMA for now; whereas the long-term chart hints at a potential re-test of the 50-MMA, a key technical support since March 2015.
IndiGo and Hero MotoCorp seem to be favourably placed on the charts; while IndusInd Bank continues to display a weak bias. Here are the key levels to track on these 4 stocks.
Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here.
Gold loan companies stocks in focus: Muthoot Finance, Manappuram Finance can rally up to 19%; while IIFL Finance faces a 9% downside risk; suggests technical charts.
Technical charts show that SBI and Godrej Consumer shares could possibly rally up to 19% from here; while HPCL, BSE and LIC face up to 11% downside risk.
Technical chart shows that Tata Motors is seen testing the 200-WMA support, a key moving average the stock has broadly held since January 2021.
Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank are technically trading in the oversold zone, as per the RSI indicator; charts hint up to 23% downside risk for these 5 stocks.
The Nifty Oil & Gas index is seen testing the 200-DMA support on charts; break below the same could weigh on the sentiment at Reliance, ONGC and Oil marketing companies counters.
Technical charts show that shares of Bajaj Finance, Bajaj Finserv and Bajaj Electricals from the Bajaj-group companies are likely to trade with a tepid bias in the upcoming trading sessions.
TCS on Monday was seen trading below the monthly super trend line support for the first time since July 2009. The next stop could be the 100-MMA, hints the technical charts.
Technical charts show that defence stocks such as BDL, Mazagon Dock, Cochin Shipyard, ideaForge and GRSE can fall another 18% from here; check support levels each defence shares here.
Technical charts hint at a likely positive bias for Dr Reddy's stock, while a negative outlook for Tata Consumer. Bajaj Housing Finance is likely to remain range-bound.
The daily RSI, a key momentum indicator, shows that these 4 pharma stocks namely - Gland Pharma, Glenmark, Biocon and Laurus Labs are trading in the overbought territory; here's what to expect next.
Reliance stock today is seen trading below the super trend line on the daily chart for the first time since April 16, 2025.
Axis Bank was seen trading below the 200-Day Moving Average after three months. More pain likely if the stock breaks below the weekly trend line support, which stands at ₹1,077; suggests tech charts.
Technical chart shows presence of strong support for HCL Technologies stock in the ₹1,515 - ₹1,533 range.
Technical charts show that Religare and VIP can potentially rally up to 30% from here, while DMart stock can slip another 7%. These are the key levels to watch out for on these 3 stocks.
Tata Elxsi stock was seen testing its 100-DMA support after a gap of two months; chart hints that the stock could slide all the way to ₹5,285 levels, in case near support levels are taken out.