Page 33 - Technical Analysis

NTPC, Adani Power: Power stocks may surge up to 12% on robust trend

So far this year, NTPC has soared 36 per cent, Torrent Power zoomed 39 per cent and Power Grid Corporation of India advanced 21 per cent. Overall trend in these power stocks continues to remain sturdy

Nifty Financial Services may see correction; PSB index eyes profit booking

Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani

Over 75% pharma stocks eye breakout; most may see up to 15% upside

Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),

Trend bullish for Nifty50, Bank Nifty indices; buy near support levels

Nifty50 and Bank Nifty indices crucial support (immediate) at 19,575 and 45,236; should be bought as the overall trend remains bullish, says Ravi Nathani

How to trade Bajaj Finance and Bajaj Finserv post Q1FY24 earnings?

Trend in Bajaj twins remains sluggish and may slide in bear's grip if key levels are breached

Bank Nifty: HDFC Securities recommends this F&O strategy for 03-Aug expiry

Buy Bank Nifty 45,500 Put option and simultaneously Sell 45,500 Call of the 03-August expiry, suggests Nandish Shah, Sr. derivatives & technical research analyst at HDFC Securities.

Nifty Metal, Energy: Here's how to plan your trade

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is signalling potential correction, while the Metal index remains bullish.

M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%

Technical charts of M&M shows weakness, while RBL Bank continues to remain resilient.

Nifty Pharma nears major hurdle at 14,536; Realty remains range-bound

According to Ravi Nathani, an independent technical analyst, given the overbought conditions on Nifty Pharma traders are advised to book profits and adopt a cash position for near- and short-term.

ACC, Ambuja: 5 cement stocks show rising trend on charts in a choppy market

The broader trend in the cement sector remains optimistic, price action riding along the overall bullish sentiment

HUL, Colgate, UBL: Here's how to trade FMCG stocks post ITC de-merger plan

The FMCG index has breached previous reversal support, igniting fear of caution among retail traders. This move emerged after the index reached a new historic peak a few sessions ago.

ITC demerger: Medium-term outlook intact; stk can hit Rs 550 to Rs 575 mark

While the medium-term outlook remains highly optimistic, the stock may remain choppy in the near-term

RIL, Infy, Paytm, Vedanta: Trading strategies for stocks post their Q1 nos

ICICI Bank remains strong on charts post delivering Q1 results last week

Bears crush Nifty's 20,000-mark dream, send Sensex 888 pts down; here's why

The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels

Demerger done; here's how to trade RIL shares ahead of Q1FY24 results

The overall trend of the stock has been sideways since the end of 2021. However, striking a new all-time high could spark the next rise in the stock.

Trading strategies for Nifty Energy, MNCs, Commodities indices

According to Ravi Nathani, an independent technical analyst, all the three indices are presently displaying a bullish trend on charts.

Zomato, Paytm: New-age stocks hit multi-month highs; is there more upside?

New-age companies may rise up to 29 per cent in the forthcoming seasons as market sentiment improves amid record-breaking run in benchmark indies

Jio Financial listing: NBFC stocks must cross key hurdles to resume rally

Listed NBFC stocks are currently facing selling pressure at higher levels, show technical charts

Nifty Pharma, Realty near key resistance levels; Time to be cautious

According to Ravi Nathani, an independent technical analyst, the Nifty Pharma index needs to clear hurdle at 14,150; whereas, the Realty index may show signs of correction by the month-end.

Suzlon, Mazagon Dock: 75% of Nifty SmallCap stocks trade firm above 200-DMA

Overall trend - the Nifty Small cap index continues to remain highly robust, with an intend to reach a new historic high.