The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.
Motilal Oswal reserach desk have suggested buying M&M, Bharti Airtel, PNB and others today; here's why
The Nifty index has encountered profit booking during the initial half hour, leading to a decline towards the 24,500 zone; Check strategy, stock picks
Stocks to buy: Brigade Enterprises has given a breakout from a falling parallel channel pattern, indicating a potential trend reversal
The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.
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.
Nifty technical outlook: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
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 hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
IFCI share price has appreciated by 90% in the last 3 weeks; technical chart suggests that bias for IFCI stock is likely to remain upbeat as long as it trades above ₹68.50 and ₹63.10 support levels.
Technical chart indicates that LIC share price can potentially appreciate up to ₹1,080 levels; here are the key support and resistance levels to watch out for.
Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.
Technical outlook on smallcap stocks - Anand Rathi, Suven Life Sciences, Pfizer, Clean Science and Jindal Saw seem to be favourably placed, and can potentially gain up to 19% from here on.
Max Financial Services, Hitachi Energy and Solar Industries were trading above the higher-end of the Bollinger Bands on daily chart on Friday; here are the key levels to track on these 3 midcap stocks
Technically, ITC share price has been consolidating around its 200-DMA for more than a month; the weekly chart suggests that upside on the stock seems capped around ₹461 for now.
Technical outlook on stocks - BEL, Trent, Nestle, IndusInd Bank, which will be included and excluded from the BSE Sensex on June 23, 2025.
Kunal Kamble of Bonanza expects Media and Defence sectors to continue outperformance, and Network 18 Media and Cochin Shipyard are his top 2 picks.