Page 17 - Technical Analysis

Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data

Spot gold at the time of writing this report is trading at $2,631, down nearly 0.76 per cent on the day

Nandish Shah of HDFC Securities suggests Bull Spread strategy on Lupin

Long build up is seen in the Lupin Futures, where we have seen 2 per cent rise in the open interest with price rising by 1 per cent

Why did Sensex zoom 1,850 pts; Nifty top 24,800 on Thursday intra-day?

Various factors like renewed buying by foreign investors, global cues and improving sentiment among other reasons were seen driving the markets today

Stock Markets: Will Nifty hit 25,000 or drop back to 24,000 by year-end?

The Nifty has retraced over 38 per cent of its recent losses; technically the Nifty seems on course to test 24,700 levels in the near-term. Track key support, resistance levels here.

Ravi Nathani recommends wait-and-watch for Nifty IT, cautious on Auto

Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term

NCC, Divi's Labs among top picks by Ajit Mishra of Religare Broking

The markets experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains

Stocks to buy: Nandish Shah of HDFC Securities suggests two smallcap shares

A decisive move above 24,537 is likely to open the next upside target of 24,900 in the near term. The immediate support is placed at 24,300, as per the concept of change in polarity

Sharekhan suggests strategy to trade crude oil ahead of Opec meet on Dec 5

The meeting was originally scheduled for December 1, 2024. A handful of Opec members are set to gradually bring 2.2m b/d of supply back onto the market next year

Markets Today: S&P & Nasdaq at record; Nikkei; Rajputana Biodiesel listing

With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets

Emami, Airtel among top picks by Jigar S Patel of Anand Rathi on Dec 2

Emami has broken out of a bearish trendline, suggesting that downward pressure has been alleviated, paving the way for a potential bullish move

Stocks to buy: Here are 2 stocks recommended by Rajesh Bhosale of Angel One

Bhosale picked one banking stocks and one IT stock to buy on December 2, 2024

Stocks to buy: Here are 2 stocks recommended by Rajesh Bhosale of Angel One

Bhosale picked one banking stock and one IT stock to buy on December 2, 2024

Sharekhan suggests buying silver on dips amid geopolitical concerns

As industrial commodities remain under pressure due to lack of China's fiscal stimulus and concerns over trade friction, silver will rely on geopolitical development for its upward traction

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'

Spot gold is expected to be choppy on crosscurrents of haven demand on geopolitical worries and healthy risk appetite

Markets Today: GDP; Sensex, Bankex new expiry day; Enviro Infra IPO listing

Thursday's session proved challenging for domestic markets, with benchmarks plunging sharply on the monthly F&O expiry. Sensex crashed 1,190 pts to 79,043.74, while Nifty slid 360.75 pts to 23,914.15

Ravi Nathani decodes trading strategies on Nifty metal, consumption

The Nifty metal index is poised for a minor correction in the near-term following a sharp decline, while, Nifty consumption index is exhibiting a range-bound movement in the near term

HDFC Sec's Nandish Shah recommends a Bull Spread strategy on L&T Fin

Long build up is seen in the L&T Fin Futures, where we have seen 18 per cent rise in the open interest with price rising by 2.5 per cent

Ravi Nathani suggests 'buying on dips' in Nifty Energy, cautious on FMCG

The Nifty Energy index is currently consolidating, while, Nifty FMCG has witnessed a temporary technical bounce

Ajit Mishra of Religare Broking recommends these 3 stocks on Nov 28

The Nifty has demonstrated resilience throughout this consolidation phase, and the upcoming monthly expiry of November derivatives contracts on Thursday

Ravi Nathani suggests profit booking in Nifty IT, wait and watch for Auto

The Nifty IT index has recently witnessed a sharp rally, while Nifty Auto is currently in a consolidation phase following a sharp correction