Lauras Labs price has broken out from downward sloping trend line on the weekly chart. Price rise was accompanied by healthy volumes
At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.
Raymond stock outlook: Raymond has rallied 65 per cent in the last 3 months, and over 100 per cent in 7 months; the stock needs to break above Rs 3,173 for a further rally, suggests technical charts
Despite a near 5 per cent rally in HDFC Bank, the derivatives data shows tepid buildup in open interest; options data indicate strong resistance likely in the Rs 1,820 - Rs 1,835 range this July.
Stocks to buy right now: Despite the Sensex hitting the 80,000-mark, there are ample opportunities within the index
Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.
MosChip hit a new all-time high at Rs 320.80 on Friday June 21. The stock may witness some consolidation in the near-term, post which a rally to Rs 395 levels seems possible, chart shows.
ICICI Bank stock looks strong on charts. Among others Bandhan Bank, IDFC First Bank, IndusInd Bank and RBI Bank can rally up to 21%; check key levels
Titan stock can rally up to Rs 3,675, while Aether can soar to Rs 965, believes Jigar S Patel, Sr. equity research manager at Anand Rathi.
Outlook on Nifty smallcap stocks: Delta Corp, Eris Life, Praj and Usha Martin can rally up to 28 per cent, while Symphony may witness a corrective move in the near-term; suggests technical charts.
The MACD - a key momentum oscillator has turned favourable for these 5 Nifty MidCap stocks, with charts indicating a likely upside of up to 15% ahead.
In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.
Adani Enterprises, Adani Power and Adani Wilmar can potentially rally up to 30 per cent from present levels, suggests the key retracement ratios.
PSU banks, CPSE stocks rally post exit poll verdict: SBI, Power Grid, Coal India, Hindustan Aeronautics and Union Bank of India seem to be favourably placed on the charts.
Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.
Stock market outlook on Nifty PSU Banks, Nifty CPSE stocks: Technical chart suggests up to 22 per cent upside for UCO Bank, SJVN, NHPC and Bank of Maharashtra; here's why.
Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
Ajit Mishra, SVP-Research of Religare Broking expects the Nifty to face resistance in the 22,300 - 22,400 range.
At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses