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
Time to buy these 5 smallcap stocks? JK Tyre, Timken India, Triveni Turbine, Can Fin Homes and Rainbow Children can potentially rally up to 27% from here, suggest technical charts.
Meanwhile, brokerage-related shares such as Nuvama, Motilal Oswal, Angel One and IIFL Capital look favourably placed on charts, and can potentially rally up to 19% from current levels.
Stocks to buy today: CCL Products (India) has shown renewed growth in the last couple of weeks, while Marksans Pharma has experienced a gradual resurgence over the last couple of trading sessions
Silver price outlook: On July 3, spot silver traded between $36.34 and $37.07. At the time of writing, the gray metal was trading at 36.85, up around 0.82 per cent on the day
Lodha (Macrotech Developers) stock is seen trading close to the neckline support of the 'Head and Shoulders' pattern on the charts, indicating crucial support around ₹1,365 levels.
Technical Outlook on HDFC group shares: Charts suggest HDFC Bank, HDFC Life and HDFC AMC stocks can potentially rally another 14% from here.
MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook.
Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday.
CDSL stock is seen trading near the 'cup and handle' pattern resistance level; a breakout above ₹1,828 levels shall open the doors for a further rally at the counter.
One in every 10 Nifty 500 stocks shed over 20% in the first-half of 2025. Here are 5 stocks among the top losers, which can potentially gain up to 23% in second-half this year, as per technical charts
Jio Financial Services has surged over 67% in the last four months; here are 5 reasons why the stock looks strong on technical charts.
Stocks to buy: Analyst at Angel One recommends Ashok Leyland, Grasim and one other stock; Check target price, stop loss here