HBL Engineering, Godfrey Phillips, Ola Electric, Sarda Energy and Uno Minda gained over 20% in Aug. In general, 20% gain is considered a bullish sign; here's a technical check on these 5 stocks.
Godrej Consumer has strengthened its core portfolio and expanded into new segments, while UltraTech Cement reported strong Q1 results
Shrikant Chouhan, head of equity research at Kotak Securities, is bullish on Coforge and M&M. Check target price, support and resistance levels here
GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most
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.
On the monthly chart, Aditya Birla Capital stock has registered a breakout after a prolonged seven-year consolidation phase, often signaling the onset of a strong directional move
PVR Inox is seen trading above the 200-DMA for the first time since December 2024; the 200-DMA support now stands at ₹1,099, while the stock faces an overhead resistance at ₹1,165, shows the chart.
Breakout stocks: IDBI, Bandhan Bank, Exide Industries, Finolex Industries and Nava have recently witnessed a breakout on their respective technical charts; here's a strategy to trade.
Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.
Trading strategy in Vedanta as the company battles demerger process, and aims to reward shareholders with regular dividends. Charts hint at up to 24 per cent upside potential for the share price.
Technical charts suggest that share price of ITC Hotels, Indian Hotels, Taj GVK, Lemon Tree and Chalet Hotels could see up to 20 per cent upside from here.
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.
Grasim has taken support at its rising trendline and rebounded with a strong bullish candle backed by volumes, reflecting buyers' interest at key support levels
Stocks such as Maruti Suzuki, TVS Motor, Blue Star, Johnson Controls and JK Cement can rally up to 26% as the government plans 2-tier GST reforms ahead of Diwali 2025.
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 Dixon Technologies, Kirloskar Oil Engines, Metropolis Healthcare and RHI Magnesita have witnessed a 'Golden Crossover', hence are likely to see upside in the near-term.
Paytm stock has rallied 66 per cent in the last six months, and is now seen trading near the major hurdle, hence technically some consolidation at current levels cannot be ruled out.
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.
MSCI Global Standard Index Inclusion: Swiggy, Vishal Mega Mart, Hitachi Energy and Waaree Energies look favourably placed on charts; may see up to 29 per cent upside form here.