Page 31 - Technical Analysis

Sell Nifty PSU Bank on rise; buying opportunity in Nifty FMCG at this level

According to Ravi Nathani, traders eyeing Nifty FMCG index might find value in purchasing when the index nears the lower limit of its current range

Nifty Financial, Nifty Private Bank: Wait for these breakouts for direction

According to Ravi Nathani, initiating trades before the breakout occurs is laden with risk, traders should act once the breakout signals the market's chosen direction

Nifty50, Bank Nifty: Buy when the indices approach these support levels

According to Ravi Nathani, caution is paramount as the Nifty index teeters precariously near a significant support level at 19,600

Option Trading Strategy: Bear Spread on Nifty for 12-Oct expiry; here's why

Buy Nifty 19500 Put option and simultaneously Sell 19300 Put of the 12-October expiry, recommends Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

Nifty FMCG, PSU Bank indices: Near-term trading strategies

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index seems range-bound, while one can adopt a 'sell on rise' strategy for the PSU Bank index.

Sensex, Nifty in correction mode; Watch out for these key levels

On Wednesday in intra-day deals, the S&P BSE Sensex was down 660 points at 66,935, while the Nifty50 had shed a per cent or 190 points to 19,944.

Nifty may test 20,464 on the upside; Bank Nifty can surge past 48,000

Ravi Nathani, an independent technical analyst, says that despite the need for caution, the market remains generally bullish.

Is Nifty PSU Bank nearing an interim peak? Keep an eye on this pivot point

In a past instance, the Nifty PSU Bank corrected over 23 per cent in the following two months after the index entered overbought zone on the monthly scale.

Trading strategies for Nifty Metal, Energy indices

According to Ravi Nathani, an independent technical analyst, one should await for buying opportunities in Nifty Metal, whereas in case of Nifty Energy one can look for opportunites to sell.

Nifty Pvt Bank, FMCG indices: Here's why you should buy the dips

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index may trade sideways, while the Nifty PSU Bank index is expected to trade with a positive bias.

Nifty Fin Services, PSU Bank: Time to ride the bullish wave, suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty Financial Services index could potentially rally to 20,975, while the Nifty PSU Bank index can gallop to 5,055.

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.

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

RIL, Linde India: Trading strategies for buzzing stocks of the day

Trend among these buzzing stocks remain optimistic, as per their respective charts

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.

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

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

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.

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.