Page 29 - Technical Analysis

RIL eyes new all-time high, Golden Cross breakout aims at Rs 3,000

The counter may struggle to cross Rs 2,800-mark, which appears to be the next hurdle, but the current momentum is not suggesting any weakness.

3 tyre stocks hit new highs on breakout; charts show up to 21% upside ahead

Selective tyre stocks are displaying resilient chart structures, poised to scale higher levels from a medium-term perspective.

Bharat Forge: Check why a bull-spread strategy is suitable for this stock

Buy Bharat Forge 860 CALL at Rs 21.25 & simultaneously sell 900 CALL at Rs 9.25 of the July series, suggests Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities

Bias for Nifty Energy index bullish in near-term; buy near support levels

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Energy, and Nifty Commodities indices

Only 93 Nifty 500 stocks trade in overbought territory, more upside likely

Market participants closely monitor the RSI to determine the strength based on 70 and 30 values. This assists in identifying instruments that are supposedly experiencing increased buying or selling.

Nifty Metal, Pharma indices exhibit range-bound moves; wait for breakout

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Metal and Nifty Pharma indices; check out

Trading strategies for 2-wheeler stocks post Hero Moto-Harley Davidson deal

Barring Eicher Motors, which is presently struggling near its 200-DMA; Bajaj-Auto, TVS Motor and Hero MotoCorp may rally up to 15%

Bias for Nifty may remain bearish below 19,300: HDFC Securities

Vinay Rajani of HDFC Securities sees bullish near-term patterns for Central Bank, and Ujjivan Small Finance Bank

Bias for Nifty FMCG, auto indices remain bullish; sell-on-rise apt strategy

According to independent market analyst, Ravi Nathani, both Nifty FMCG, and Auto indices hint at a bullish trend in the near-term, and traders can employ sell-on-rise strategy

PNB, Bank of Baroda: 5 stocks in PSU Bank index that can rally up to 17%

Bank of Baroda shares hit a new 52-week high and are course to achieve all-time high

Trading strategies for Nifty PSU Bank, Private Bank indices

Ravi Nathani, independent market analyst decodes technical charts for Nifty PSU Bank and Private Bank indices; check out

Divis Lab, Sun Pharma: Current breakout may lead Pharma index to new peak

Pharm index has broken out on upside, with the positive rally anticipated to hit 14,450

How to trade Nifty50, Nifty Bank post their record high levels?

According to Ravi Nathani, independent technical analyst, charts suggest bullish trend for both Nifty50 and Nifty Bank indices

Infy, Coforge: Breakout in IT index may assist stocks to soar up to 10%

While index requires to scale major hurdles, the aggressive rally towards those has triggered positive upside in IT stocks.

F&O rollover data hints Nifty could target 19,300 soon; IT, Metals may lead

FIIs continued to roll their bullish bets on Index and have slightly reduced their longs in Single Stock Futures, says Nuvama Alternative & Quantitative Research report.

Key levels on Nifty Metal, Pharma, Energy indices to help plan your trade

According to Ravi Nathani, an independent technical analyst, the outlook for Nifty Metal, Energy and Pharma indices is bullish and hence recommends to buy at CMP or on dips.

HDFC Life, Muthoot Fin: 75% stocks in financial services index eye bull-run

The Nifty financial services index is poised to rally in the direction of 20,700 - 20,900 level, delivering an upside of 5 per cent.

F&O Expiry: Nifty likely to test 18,900, support seen at 18,770; shows data

Meanwhile, the Bank Nifty is likely to counter resistance around 44,300 in today's trade.

Nifty FMCG index could weaken below 51,120; Look to buy metals on dip

According to Ravi Nathani, an independent technical analyst, the bias for Nifty Metal Index is likely to remain bullish as long as it holds above 5,910.

Angel One, Emkay Global: Brokerage stocks may rally up to 15%, show charts

Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.