The technical analyst sees Nifty support moving higher to 15,400, and resistances for the NSE benchmark at 15,750, 15,883 and 16,150.
The technical analyst from HDFC Securities expects near-term support for the Nifty at 16,300, below which it can slide to 16,000-mark.
According to the technical analyst from Anand Rathi, Suntech Realty is on the verge of breakout; whereas, Tata Power is testing its key support.
The technical analyst also expects the Nifty to rally to 17,484 to 17,794; the support is now raised up to 17,100 level.
According to the technical analyst from Anand Rathi, LT is in a secular uptrend and currently hovering above all its major exponential moving averages on daily time frame indicating inherent strength
Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on
According to the technical analyst from Anand Rathi all three stocks have been consolidating and now set for a good breakout
The technical analysts recommends to buy and accumulate these stocks with stop loss at respective 200-DMAs
Berger Paints is placed near its strong historical consolidation zone and is expected to surge higher from here onwards, says the technical analyst
Century Textile and VIP Industries are the two stock recommendations by HDFC Securities
LIC Housing Finance seems to be trading near its multi-year strong demand zone, and charts also indicate formation of likely bottom around Rs 350-360 zone
Rossari Biotech has been in a secular uptrend and is placed well above all the major exponential moving averages on the daily charts
VOLTAS has seen strong reversal candlestick pattern formation near its 200 DEMA on the daily chart on the back of robust volumes, indicating an early sign of reversal in the counter
Aurobindo Pharma has corrected over 35 per cent from its lifetime high and has plunged below all its major exponential moving averages
IOC closed on a strong note in the last session and is currently hovering between its short and medium exponential moving averages on the daily chart
Bajaj Finance's stock price has broken out from symmetrical triangle on the daily charts, and rising volumes have confirmed the breakout
With the RSI well-placed and indicating a trend reversal to signal a buy, Tata Chemicals' stock is expected to rise further in the coming days
Above 15,900, Nifty could move towards 16,300 target, while any level below 15,673 could drag Nifty towards 15,500 support
The stock price of Indian Hotels has broken out from its three-week-long consolidation
MSTC's stock has been in a consolidation phase for quite some time maintaining the base near 255 levels and currently has given a bullish candle pattern in the daily chart