Nandish Shah of HDFC Securities recommends a 'Bull Spread' strategy on MidCap Nifty and PNB Housing Finance as the analyst notes a positive bias, and build-up of long positions at these counters.
Indian market are likely to trade on a cautious note after fresh US strikes on Iran; key support for Nifty seen at 24,300 and 24,200, says Ponmudi R of Enrich Money.
Analysts at Bajaj Broking believe that Bharti Airtel generated a breakout above the 4-month consolidation range of ₹1,740 - ₹1,930 and expect the stock to target ₹2,125 levels in the coming months.
Here's why Nandish Shah technical research analyst of HDFC Securities recommends a 'Bull Spread' strategy on Nifty and Shriram Finance.
Technical analysts at SBI Securities and Choice Broking expect the Nifty to retest record highs around 26,350, and Sensex to rally toward 89,000 in an optimistic scenario.
Market analysts highlight that the Nifty has been consolidating in the 23,800-24,200 range in recent trading sessions, a breakout in either direction could set the trend in July 2026.
Anand James, chief market strategist at Geojit Investments decodes trading strategy in Honasa, MSTC and Lloyds Metal based on the individual chart patterns.
Stocks to Buy: Choice Broking Weekly Recommendations, Aakash Shah recommends buy on Welspun Corp, Astra Microwave Products and Jay Bharat Maruti.
Nifty's 100-DEMA around 24,140-24,170 zone is an immediate hurdle; breakout above this can trigger a rally towards 24,500-24,600 levels, says Osho Krishan, technical and derivatives at Angel One.
Analysts at Bajaj Broking said the monthly stochastic rebounded from oversold territory and generated a 'Buy' signal, suggesting a likely positive bias going ahead.
An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.
Anand James, chief market strategist at Geojit Investments sees up to 11% upside in Viyash Scientific, Samhi Hotels and Engineers India based on the chart set-up.
Ajit Mishra of Religare Broking believes that the recent pullback in RIL stock is showing signs of recovery, and adds that a breakout above ₹1,380 could signal a trend reversal.
The formation of a 'Doji' candlestick on the Nifty weekly chart reflects indecision between bulls and bears, explains Hitesh Rathi, technical analyst at Angel One.
Stocks ideas by Ajit Mishra: The analyst from Religare Broking is bullish on Hindustan Aeronautics, Bharat Forge and Union Bank of India.
Kunal Kamble, technical research analyst at Bonanza reckons that Maithan Alloys, Olectra Greentech, Borosil Renewables are displaying a positive chart structure and look poised for further upside.
Technical analysts believe that the Nifty can potentially surge to 24,600 from here if it clears hurdles at 23,800 and 24,200-24,300 levels.
Foray into green energy, data centres and reducing dependence on the oil & gas business augur well for Reliance Industries, says G Chokkalingam founder of Equinomics Research.
Analysts at Kedia Stocks and Commodities Research expect Silver prices to fall to $48.60 levels in the bear-case scenario. On the upside, they expect prices to zoom up to $170 in the next bull cycle.
Technical analysts caution that the short-term trend for Nifty remains weak, and the index could extend the fall toward 22,800-22,700 levels in the coming sessions.