Here's a technical outlook on HDFC Bank, ICICI Bank, YES Bank, RBL Bank, Union Bank of India post Q1 results.
Stocks to buy today: Sharda Cropchem has seen a decisive surge, followed by some profit booking, while SMS Pharmaceuticals has experienced a gradual resurgence over the last couple of trading sessions
Axis Bank was seen trading below the 200-Day Moving Average after three months. More pain likely if the stock breaks below the weekly trend line support, which stands at ₹1,077; suggests tech charts.
MTNL stock seems favourably placed on the short-term charts. Can the recent flow at the counter help it breakout on the long-term chart or will it falter? Here are the key levels to watch out for.
Smallcap stocks - ixigo, Hinduja Global, Gujarat Apollo, Radhika Jeweltech, Ksolves India and Mirc Electronics witnessed a breakout on the daily chart on Thursday, July 17.
Analyst at Religare Broking recommends maintaining a cautious stance and focus on stock selection. Tata Power, ITC and are among the top stocks to buy
HDFC Bank to announce Q1 results and consider a maiden bonus issue on July 19; technical chart suggests bias at the counter likely to remain favourable above ₹1,945 levels.
Trading strategies in ICICI Prudential, HDFC Life and ICICI Lombard post Q1 results: Technical charts show that ICICI Pru and ICICI Lombard are favourably placed, while HDFC Life looks tepid.
Nifty broke four sessions of losing streak by rising 113 points to close at 25,195. Ujjivan Small Finance Bank and ITC are the breakout stocks to watch
Stocks to buy: NTPC Green Energy, HUL and Eveready Industries are the top technical picks for Kunal Kamble of Bonanza Portfolio
Stocks to buy: Analyst at Angel One recommends JSW Infra, Rallis India and one other stock; Check target price, stop loss here
Bosch stock has rallied over 12% so far this July, and looks favourably placed on the technical charts for a potential rally of up to 22%.
Tata Elxsi stock was seen testing its 100-DMA support after a gap of two months; chart hints that the stock could slide all the way to ₹5,285 levels, in case near support levels are taken out.
F&O strategy: Primary trend of the Bank Nifty remains positive as it is placed above its 50 and 100 day EMA
Gold is likely to range-trade unless and until major breakthroughs in trade deals happen, or tariff tensions are ratcheted up further
Silver trading strategy: The metal, at the time of writing, was trading at $36.75, up 1 per cent on the day, while the corresponding MCX Silver contract, gaining 1.45 per cent was noted at ₹1,08,825
Analysts at Religare Broking maintain a bullish stance and recommend continuing with a "buy on dips" strategy, with a strong emphasis on stock selection
Despite trading in overbought territory Delhivery, Metropolis Health look poised for up to 19% further gains, while Usha Martin stock could dip 9%; suggest technical charts.
Silver price today: At the time of writing this article, spot silver was changing hands at $36.42, down around 1 per cent on the day
Gold rate outlook: At the time of writing this report, both spot gold and the MCX August gold contract were down by 1 per cent on the day. The spot gold was hovering around $3,295