The Baltic Dry Index now quotes at a 8-month high. Technical charts hint at a potential 36 per cent upside for select shipping stocks like SCI, Dredging and Seamec. Details here
Technically, the near-term bias for the Nifty is likely to remain favourable as long as it holds above 24,512; below which the index can slip another 2 per cent to test its 200-day moving average.
The Nifty Pharma index and select shares such as Biocon, Cipla, Zydus Life and Gland Pharma were trading above the respective 200-DMAs after more than 2 months; show technical charts.
Technical chart shows that bias for Paytm stock is likely to remain cautiously optimistic as long as the stock manages to close above ₹883. Here are the key levels to track.
Infosys, Persistent Systems and Mphasis are likely to trade with a favourable bias as a key momentum indicator - the MACD has turned positive on the technical charts for these 3 IT stocks.
Stocks to buy: Bajaj Auto is witnessing steady volume, and the price has managed to close above all major Exponential Moving Averages
Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.
Silver price outlook: On June 10, the white metal closed with a loss of 0.40 per cent at $36.59 as investors waited for US-China trade talk outcome
Technical charts show that largecaps stocks - Adani Total Gas, LTIMindtree, Jindal Stainless, RECL and CRISIL are favourably placed for likely gains in the near term.
BSE and MCX share prices trade at all-time high levels. Technical chart suggests a likely positive bias for MCX and IEX stocks, while BSE may witness high volatility in the near-term.
Technical charts suggest that stocks like Hindustan Motors, HCC, Paisalo Digital, Equitas SFB and Suzlon Energy, which at present trade below ₹100; can potentially zoom up to 73% from here on.
HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.
Technical chart suggests that the bias for Indian Bank stock is likely to remain bullish as long as the stock holds above ₹627 levels; on the upside it seems on course to hit ₹666 levels.
Technical chart suggests that these 2 Anil Ambani group shares - Reliance Infrastructure and Reliance Power can potentially rally another 25% from here on; here are the key levels to watch out for.
Technical outlook on IT stocks: Infosys, TCS HCL Technologies and Tech Mahindra may slip up to 9% from present levels, suggest charts.
Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025.
Technical Alert: MCX and Firstsource Solutions stocks have witnessed formation of 'Golden Cross' on the daily chart; and hence are likely to log gains in the coming period.
Technical outlook on Deepak Fertilisers, RCF, GSFC, Coromandel International and Chambal Fertiliser shares. Check key support, resistance and target levels here.
Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
Abbott India, Aurobindo Pharma, Cipla, Dr Lal PathLabs and Torrent Pharma flag caution signals on technical charts; here are the key levels to watch out for.