A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.
The NSE Nifty 50 index ended higher for the third straight day on Thursday, and was seen defending the 200-DMA, say technical analysts.
Tech analysts Drumil Vithlani of Bonanza and Aakash Shah of Choice Equity Broking decode trading strategy in Apex Frozen Foods, Rallis India, Coromandel and Tata Consumer Products ahead of Budget 2026
Aakash Shah, technical analyst at Choice Equity Broking expects Jindal Steel stock to rally towards ₹1,180-1,220 target zone in the coming weeks.
Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.
HPCL has retreated sharply from its all-time high, and also underperformed its peers BPCL and IOC in the month of January thus far. Tech chart shows the stock is trading at the 200-DMA on Friday.
Post the sharp 20% fall, IndiGo stock seems to be forming a base near ₹4,700 levels, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.
In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.
Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.
The NSE Nifty 50 index tested the 200-DMA as it hit an intra-day low at 25,085 in intra-day trade on Wednesday. Technical analysts caution against further fall in the market.
Drumil Vithlani, technical analyst at Bonanza is bullish on Canara Bank, Union Bank of India and Bank of India, and expects up to 27 per cent upside on these 3 PSU Bank shares from here.
Aakash Shah, Technical Research Analyst at Choice Equity Broking believes that the bias for Kalyan Jewellers stock is likely to remain bearish as long as the stock trades below ₹440 - ₹450 zone.
Drumil Vithlani of Bonanza reckons that support for Vodafone Idea can be anticipated in ₹9.80-₹9.60 range; below which the stock can technically lose momentum.
Analysts at JM Financial seen strong C&W demand from institutional players; but caution that a correction in copper prices could pose a risk to primary off-take for these companies.
The NSE Nifty has declined over 3 per cent (800 points) from its record high of 26,373 hit on January 5, and is currently seen hovering around the 100-DMA. Here's what market experts have to say.
Reliance Industries stock today dropped below its long-term 200-DMA for the first-time since April 28, 2025. Take a look at how the stock is placed on the daily, weekly and monthly charts.
Aakash Shah of Choice Equity Broking says that HDFC Bank may remain tepid as long as the stock trades below ₹970; while ICICI Bank needs to sustain above ₹1,380 to maintain its long-term positive bias
ITC stock crash: Market experts decode trading strategy as ITC shares slide over 18% in January 2026 post tax hike on cigarettes. Analysts warn of possible further 19% fall; here's why
Kunal Shah technical analyst at Mirae Asset ShareKhan believes that ICICI Prudential Life stock is favourably placed on charts compared to HDFC Life. Here's why he explains.
Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.