Barring Eicher Motors, which is presently struggling near its 200-DMA; Bajaj-Auto, TVS Motor and Hero MotoCorp may rally up to 15%
Vinay Rajani of HDFC Securities sees bullish near-term patterns for Central Bank, and Ujjivan Small Finance Bank
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
Bank of Baroda shares hit a new 52-week high and are course to achieve all-time high
Ravi Nathani, independent market analyst decodes technical charts for Nifty PSU Bank and Private Bank indices; check out
Pharm index has broken out on upside, with the positive rally anticipated to hit 14,450
According to Ravi Nathani, independent technical analyst, charts suggest bullish trend for both Nifty50 and Nifty Bank indices
While index requires to scale major hurdles, the aggressive rally towards those has triggered positive upside in IT stocks.
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.
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.
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.
Meanwhile, the Bank Nifty is likely to counter resistance around 44,300 in today's trade.
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.
Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.
According to Ravi Nathani, an independent technical analyst, the current consolidation in Nifty Pvt Bank index is more time-based rather than price-based.
The overall trend in these stocks remain positive, however crucial hurdles need to be conquered to rally further.
According to Ravi Nathani, an independent technical analyst, the Nifty 50 is seen consolidating in the 18,500 to 18,900 range.
Shares of Delhivery and Craftsman Automation may rise up to 15% and 12%, respectively, show technical charts
According to Ravi Nathani, an independent technical analyst, while the Nifty Midcap index has strong resistance around 10,125 level.
Selective AMC stocks like HDFC Asset Management Company and Nippon Life India Asset Management may rise up to 15%