Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.
At 7:25 AM, GIFT Nifty futures were trading 105 points lower at 24,543 levels, hinting at a gap-down start
Technical charts show that these four stocks have given a breakout on the daily scale on closing above the super trend line indicator.
In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here
Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggests technical charts. Track key support and resistance levels here.
BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.
In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent
Broader indices have outperformed the Sensex and Nifty amid the recent market recovery, rallying up to 12% from November lows. These 5 mid-, small-cap stocks could swing up to 19% from present levels.
At 6:35 AM, GIFT Nifty futures were trading 50 points higher at 24,753 levels, hinting at an upbeat start
Nifty Financial Services, Auto index outlook: How to trade these indices on Tuesday, December 10, 2024? Here's your trading guide
The Rs 1,190 level holds the key for Reliance long-term trend; break and sustained trade can open the doors of a likely fall below Rs 1,000-mark, suggests technical charts.
In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent
The Nifty Energy index is on the verge of a significant breakout, while, Nifty FMCG index is showing signs of a technical rebound
Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.
The Nifty has retraced over 38 per cent of its recent losses; technically the Nifty seems on course to test 24,700 levels in the near-term. Track key support, resistance levels here.
Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term
A decisive move above 24,537 is likely to open the next upside target of 24,900 in the near term. The immediate support is placed at 24,300, as per the concept of change in polarity
The Nifty 50 index has closed near a significant resistance level of 24,540, while the Nifty Bank index is at a pivotal juncture
The meeting was originally scheduled for December 1, 2024. A handful of Opec members are set to gradually bring 2.2m b/d of supply back onto the market next year
Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.