Page 18 - Technical Analysis

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

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