Nifty trading today: Given the prevailing volatility and the presence of clearly defined support and resistance levels, a 'Bull Call Spread' is an optimal strategy
Technical charts show that the RSI indicator of BEL and Tata Steel quotes in overbought territory, with a reading in excess of 70. Here's the likely trend ahead for these 2 stocks.
The recent price action in the Nifty indicates that the bulls are making a strong effort to sustain the prevailing uptrend. Buy GAIL, Tata Steel and this one stock today
Short-term trading strategies in stocks - MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements - that will be excluded from the NSE F&O segment after the May expiry.
Here's your Nifty trading strategy for May 21; Check out target and stop-loss of recommended stocks
Chandan Taparia suggests buying these two stocks. Also, check Nifty, Bank Nifty outlook here
Protean eGov Technologies stock outlook: Technical chart suggests that the stock could slide below the IPO price in coming months; here are the key levels to track.
With a likely Nifty trading range for the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
CONCOR has shown impressive growth, surging over 12 percent in the past trading week, while, TVSMOTOR has seen a decent move after a phase of consolidation
Technical outlook on railway-related stocks: Charts show that IRCTC, RailTel, Ircon, RVNL and RITES are testing 200-DMAs; a breakout can trigger fresh rally at these counters. Check key levels here
Technically, the Nifty 50 index is seen quoting above key moving averages across time-frames, which is a bullish sign. Here are the key support and resistance levels to watch out for on the index.
Coforge and Vesuvius have rallied up to 29% post announcement of stock split; technical charts suggest these 2 stocks could rally another 16% from present levels.
From a technical breakout to historical trend; here's what technical analysts across brokerages say after Nifty logs its best-ever single-day rally.
Weekly market outlook, May 12 - 16, 2025: Key momentum oscillators on the daily and weekly technical charts indicate a mixed outlook for the BSE Sensex and the NSE Nifty in the near-term.
Short build up is seen in the Indigo Futures, where we have seen 6 per cent rise in open interest with price falling by 4 per cent.
SRF is on the verge of a consolidation breakout as the price up move has been supported by good volumes. The 50 DEMA has acted as a support on declines where buying interest is seen
Shares of Glenmark, Chambal Fertilisers, Blue Dart, Max Healthcare and CCL Products may trade with a positive bias in the near-term as these stocks are favourably placed on the technical charts.
The Nifty has near-support at 24,200, below which the key support will be the 200-DMA at 24,050 levels, shows the technical chart.
Nifty50 formed a bearish candle on daily frame to close with losses of around 80 points and has started to form lower highs from the last two sessions
With a likely trading Nifty range of 23,700-24,700 in the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation