Page 16 - Technical Analysis

Weekly Outlook: Key levels to track on Sensex; Nifty headed towards 24,600?

Share Market Outlook: NSE Nifty could face interim resistance around 24,250 and 24,435, show technical charts. Here are the key levels to watch out on Sensex, MidCap and SmallCap indices this week.

Nandish Shah of HDFC Sec suggests 'Bull Spread' play for Bank Nifty today

Long build up is seen in the Bank Nifty futures where we have seen 3 per cent rise in the open interest with it rising by 1.07 per cent

Ravi Nathani suggests trading strategies for Nifty Energy and FMCG today

Stock Market Today: The Nifty FMCG Index is currently trading within a crucial range of 58,050 - 55,675, and any breakout above or below this range will likely trigger significant directional momentum

Ruchit Jain of Motilal Oswal recommends buying M&M, BEL stocks today

Stocks to Buy Today: M&M stock has shown a relative outperformance to other auto stocks in the recent past and is now on the verge of a breakout from the consolidation phase

Religare Broking's Ajit Mishra says buy these pharma, QSR and auto stocks

Nifty Today, Stocks to Buy Today: The Nifty50 index has now entered its second week of consolidation, and current indicators suggest that this trend is likely to persist

New Year, New Highs: How to trade in Muthoot Finance, Kaynes Tech, Praj?

Muthoot Finance, Blue Star, Coromandel Fertilisers, Praj, Kaynes Technology, Lloyd Metals, IPCA Labs and Radico Khaitan were the 8 stocks to hit a new life-time high on January 1, 2025.

ITC demerger: Analysts upbeat on ITC share outlook; support seen at Rs 442

Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.

Ravi Nathani recommends buy on dips strategy for Nifty, Nifty Bank indices

Nifty Bank index is currently trading near its key support zone of 50,650-50,600. A close below this range would open the door for further downside, with immediate support levels at 50,250 & 49,650

Shakti Pumps, Roto: Charts hint up to 20% gain for compressors & pumps stks

Shakti Pumps has zoomed nearly 550% thus far in 2024, while Kirloskar Pneumatic Company has soared over 150%. Here are the key levels to track as per technical charts in compressors & pumps shares.

Will Sensex fall to 69,000 or cross 100,000 in 2025? What tech charts say

The yearly Fibonacci chart suggests that the BSE benchmark index can gyrate in the 69,000 - 88,600 range in the calendar year 2025; an upside breakout of the range can trigger fresh momentum.

Rajesh Bhosale of Angel One recommends buying these two stocks on Dec 30

The daily chart indicates a multiple-pattern bullish breakout for Mangalam Cement

Chennai Petroleum, Titagarh among top picks by Jigar S Patel of Anand Rathi

Recently, Chennai Petroleum has formed a double-bottom pattern following a steep decline of 650 points, representing a 54 per cent price cut

Nandish Shah of HDFC Securities suggest 'bull spread' on Torrent Pharma

A long build-up is seen in the Torrent Pharma Futures, where we have seen an 18 per cent rise in the open interest with prices rising by 2.5 per cent

Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing

Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM

Oil 2025 outlook: Mirae Asset Sharekhan bearish, sees support at $65-$62

We remain bearish on oil prices for 2025, although Opec+ extension may hold prices from steep fall in Q1-2025

Zomato, Bajaj Fin: 5 largecaps that can gain over 20% in 2025; time to buy?

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

Sharekhan bearish on crude oil due to oversupply; expects prices to dip

Crude prices moved higher Monday on the prospects for additional stimulus measures in China that could revive economic growth and energy demand

FIIs turn bullish on Nifty; F&O activity hints at gains ahead

Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.

Stocks to buy: Osho Krishan of Angel One recommends buying these 2 stocks

Additionally, the counter has surpassed its recent swing high, coinciding with earlier breakout zones, backed by rising volumes

Silver to test stiff resistance at $31.75; here's what Sharekhan suggests

Spot silver is changing hands at $31.37, up around 0.22 per cent on the day, at the time of writing this report