Page 16 - Technical Analysis

FIIs up short bets in Nifty futures; analysts expect support at this level

Foreign institutional investors open interest in Nifty futures has increased by 4.8% since the start of February series, while the total OI in Nifty Feb futures dipped by 1.1%; shows NSE F&O data.

Breakout stock: Telecom major MTNL can gain 86% to Rs 100; check levels

Technical chart shows key resistance for the stock at Rs 61.70; break and sustained trade above the same can trigger a sharp rally at the MTNL counter.

Tata Steel, SAIL: Outlook for Indian steel stocks on Trump tariff woes

Technical chart shows that Nifty Metal has a strong support base around the 8,000-mark; In case, the index violates the same it can slide another 15 per cent from present levels.

Nifty, Bank Nifty may see limited downside, believe analysts; here's why

Solar Industries, NCC, Phoenix Mills, Page Industries and Trent stock futures witnessed short build-up in recent days, shows NSE derivative data. Manappuram Finance in F&O ban on Monday.

Sensex, Nifty may consolidate as recovery pauses; key levels this week

The key support for the BSE Sensex stands at 76,300; whereas, the NSE Nifty 50 index could test 23,300 or dip to 23,150 levels; suggests technical chart.

Breakdown stock: SBI can tank 16% if this level is broken. Details here

SBI is testing the weekly super trend line support after 81 weeks and the 20-month moving average support after 4 years. Chart suggests that the overall bias is likely to remain tepid below Rs 800.

Can RBI Policy trigger a breakout? Near support for Bank Nifty at 50,000

The Bank Nifty is expected to consolidate in the 50,000-50,600 range; a breakout in either direction will further set the next move for the index, says Hrishikesh Yedve of Asit C. Mehta.

How to trade Bank Nifty, Fin Nifty ahead of RBI Policy? Key levels to track

On Thursday thus far, Nifty Bank, Nifty PSU Bank and Nifty Financial Services quoted with losses up to 0.8% in a slippery market; technical charts hint up to 8% potential upside on these indices.

Bajaj Finance, UPL, IndusInd among overbought stocks as Nifty bounces back

Technically, a RSI reading above 70 is considered overbought for the stock, which could mean the stock may consolidate or correct in the near-term; but not necessarily fall.

FIIs cut short bets in Nifty futures to 5:1; net buy Rs 5,353 cr in F&O

DIIs, retail and proprietary traders continue to hold bullish bets in index futures, shows NSE derivative data. Technically, Nifty near support rises to 23,630.

Nifty seen clearing first roadblock; next stop at 23,800? Key levels here

The NSE Nifty is on the verge of a positive breakout after a gap of nearly 1.5 month; technical chart suggests the index could rally all the way to 24,250 levels.

F&O trends: Buying seen in ITC, UBL; Shorts added in L&T, HUDCO, 8 others

The NSE derivatives data show that FIIs continue to hold a bearish bias, with 8.5 short positions in index futures for every long bet.

Markets Today: GIFT Nifty; Trump Tariffs; FIIs; Titan Q3; Dr. Agarwal's IPO

FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore

Nifty Metal eyes 15% fall if it breaks 7,900; these stocks may be worst hit

The Nifty Metal index was seen testing the 100-WMA (Weekly Moving Average) support for the third time in the last 4 weeks. Similarly metal stocks too are testing long-term supports; check levels here.

Sensex key support for the week stands at 76,200; Nifty at 23,150

On the upside, the Sensex needs to trade consistently above 78,150, and the Nifty above 23,600 for continuation of the pullback rally; suggests the technical charts.

Markets Today: GIFT Nifty; Trump tariffs; Nikkei; Mfg PMI; Budget 2025; RBI

At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets

Nifty may target 24,300 post Budget; Trump tariff, RBI policy key triggers

Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels.

Will Sensex, Nifty rally or tank on Budget 2025 day? Check key levels here

On the last 3 Budget days, the Nifty ended marginally in red; the NSE benchmark has ended lower on 5 out of previous 7 occasions when finance minister Nirmala Sitharaman presented the Union Budget.

Bajaj Finance, TaMo, Maruti: Largecap buy, sell stock ideas post Q3 results

Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.

Markets Today: ICICI Bank, Tata Steel Q3; FIIs; Denta Water IPO allotment

In the previous session, the Sensex declined 329.92 points, or 0.43 per cent to 76,190.46. Similarly, the Nifty50 ended the day 113.15 points, or 0.49 per cent, lower at 23,092.20