Page 39 - Technical Analysis

Bulls ride PSE index to historic peak, half of index stocks on breakouts

Altogether 10 out of 20 stocks in Nifty PSE index are flashing breakout structures that reflect medium-term bullishness.

Market rebound: Short-covering, or is the worst behind us now?

The weekly F&O data also highlights significant build-up in open interest at the 17,700 Put, suggesting likely support at this level.

MCX Gold, Silver futures likely to exhibit range-bound trade

The MCX Gold futures may test near term-resistance around Rs 56,170 - Rs 56,250; whereas, Silver futures may test Rs 64,930 - Rs 65,300.

Traders can adopt buy on dips strategy on Nifty, Bank Nifty: Ravi Nathani

The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.

Escorts, Bajaj-Auto: Trading strategies for auto stocks post Feb sales nos

Auto index trades with a sluggish bias, may lose grip if falls below its 200-DMA

F&O Strategy: Nandish Shah recommends Bull Spread on PowerGrid Corp

The derivative analyst from HDFC Securities recommends to Buy PowerGrid 222.50 Call and simultaneously Sell 230 Call for the March expiry.

Metal index tops the rank of worst performers in Feb, rebound may not hold

Hindustan Copper and Vedanta may fall up to 19 per cent due to their weak chart structures.

MCX Crude Oil range narrows; Natural Gas up 39% from lows; what next?

The Bollinger Bands suggest a likely trading range of Rs 6,070 - Rs 6,650 for the MCX Crude Oil futures; whereas, Natural Gas futures need to sustain above Rs 231 for the pullback to continue.

Stake buy buzz: Bharti Airtel stock looks weak, Paytm must hold its 200-DMA

Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.

DLF, Hindustan Aeronautics can bounce back, says Mehul Kothari; check why

According to the technical analyst from Anand Rathi, shares of Hindustan Aeronautics can bounce back to Rs 2,700, while DLF can jump to Rs 370.

Here's why Ravi Nathani is bullish on Nifty Private Bank, PSU Bank indices

According to the technical analyst, Nifty Private Bank exhibited a bullish pattern, supported by technical indicators, indicating a positive outlook for traders in the short term

Nifty Midcap index dips below 200-DMA; remain on sidelines, analysts advise

The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart

How to trade Zee Entertainment as NCLT places it under insolvency process

Death Cross on the Zee Entertainment may push stock in the bear grip

Nandish Shah recommends a Bull Spread on Glenmark Pharma for March expiry

The derivative analyst from HDFC Securities recommends to Buy Glenmark 460 Call and simultaneously Sell 480 Call of the March series.

LIC Housing Finance, HDFC: Trading strategies for housing finance companies

Barring PNB Housing Finance, other housing finance stocks indicate weakness, with selling pressure to mount further if crucial levels are breached.

Nifty can tumble over 15% from here on if it breaks 17,300, charts suggest

In the interim, the 200-WMA at 16,975 could be another key level to watch out for, as the Nifty had bounced back from there during the correction in the first half of 2022.

Ravi Nathani recommends to focus on realty, pharma shares on dips

The technical analyst also advices to avoid media stocks for now, as the Nifty Media index could side to 1,631 level.

Siemens, JSL: 9 stocks in Nifty 500 top new highs despite sluggish mood

On Wednesday, shares of Cera Sanitaryware, Jindal Stainless, Siemens, and Triveni Turbine recorded new all-time highs, despite weak market

Here's why Vinay Rajani is bullish on Pidilite Industries, Delhivery

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Pidilite Industries and Delhivery

Nifty Pharma dips to 7-mth low; bears may gain control if breaks 52-wk low

Barring Sun Pharmaceutical Industries, which is anticipated to rally up to 10 per cent; other stocks indicate weak bias, as per technical charts