Page 26 - Technical Analysis
Will the Nifty Metal index sustain its upward momentum? Check here
While the Nifty Metal index seems headed towards its crucial resistance zone, select stocks such as Hindalco, Nalco and SAIL still have the potential to rally up to 15 per cent, charts suggest.
 "Will the Nifty Metal index sustain its upward momentum? Check here")
TV18 Broadcast, TTML, SJVN: 5 stocks under Rs 100 that can rally up to 50%
SJVN, Tata Teleservices (Maharashtra) and TV18 Broadcast may rise 50 per cent on resilient charts
 "TV18 Broadcast, TTML, SJVN: 5 stocks under Rs 100 that can rally up to 50%")
RIL, Linde India: Trading strategies for buzzing stocks of the day
Trend among these buzzing stocks remain optimistic, as per their respective charts
 "RIL, Linde India: Trading strategies for buzzing stocks of the day")
Nifty may take support around 19,170; Bank Nifty near 43,600
According to Ravi Nathani, an independent technical analyst, the Nifty can potentially take support around 19,170 - 19,050; Bank Nifty remains rangebound within 43,600 - 45,100.
 "Nifty may take support around 19,170; Bank Nifty near 43,600")
HDFC Bank, Uflex among 5 oversold stocks you should avoid accumulating
The trend among stocks in oversold regions remains highly fragile and could see more downside ahead
 "HDFC Bank, Uflex among 5 oversold stocks you should avoid accumulating")
Nifty Energy, Commodities: Awaiting directional move
According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is swinging between 26,650 - 26,080 range; whereas the Commodities index is consolidating between 6,340 - 6,150.
Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%
Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns
 "Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%")
BHEL, Adani Power: Mid-cap index hits new all-time high, eyes 40,000-mark
The Mid-cap index is displaying robust momentum, with price action headed towards 40,000-level.
 "BHEL, Adani Power: Mid-cap index hits new all-time high, eyes 40,000-mark")
Escorts, GIC, Welspun: 5 stocks at 52-wk high may turn multibaggers in FY24
The trend in these stocks remains highly robust, with price action exhibiting strong interest from market participants.
 "Escorts, GIC, Welspun: 5 stocks at 52-wk high may turn multibaggers in FY24")
FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?
Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.
 "FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?")
Cipla, Glenmark: Time to accumulate pharma stocks on robust bullish trend?
The current volatility in the benchmark indices offer the ideal opportunity to accumulate pharma stocks around their respective supports
 "Cipla, Glenmark: Time to accumulate pharma stocks on robust bullish trend?")
Trading strategies for Adani group stocks amid Auditor's resignation
Barring Adani Ports and Special Economic Zone, no other group company of Adani shows a favorable trend in the present technical structure,
 "Trading strategies for Adani group stocks amid Auditor's resignation")
REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%
Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.
 "REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%")
ZEEL, NDTV: Will Zee Entertainment turn multi-bagger post NCLT clearance?
Zee Entertainment hits fresh 52-week high post approval by NCLT
 "ZEEL, NDTV: Will Zee Entertainment turn multi-bagger post NCLT clearance?")
Nifty Energy paves way for positive breakout; adopt buy-on-dips strategy
According to Ravi Nathani, an independent technical analyst, charts reveal an encouraging trend for Nifty Energy index, signaling a positive breakout
Mixed trend on charts in rate-sensitive stocks post RBI policy outcome
Trend in rate-sensitive stocks remains mixed, with stocks like Manappuram Finance, M&M and Union Bank of India showing resilient up move, while a few others display fragile outlook
 "Mixed trend on charts in rate-sensitive stocks post RBI policy outcome")
Nifty Pharma nears overbought zone after it scales record high, show charts
According to Ravi Nathani, an independent technical analyst, said that Nifty Pharma's recent surge to all-time high signals strong positive sentiment, but proximity to overbought levels needs caution
 "Nifty Pharma nears overbought zone after it scales record high, show charts")
SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.
 "SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy")
Nifty50: Uptrend likely once it breaches 19,700; support seen at 19,300
A level below 19,300 would be considered bearish sign in Nifty for the short term, says Vinay Rajani, senior technical and derivative research analyst at HDFC Securities
Nifty FMCG may see pullback; Auto index eyes breakout post range-bound move
According to Ravi Nathani, an independent technical analyst, Nifty FMCG index may witness a rebound after finding support at 51,636 and 50,650 levels
 "Nifty FMCG may see pullback; Auto index eyes breakout post range-bound move")
