Page 35 - Technical Charts
Nifty, Bank Nifty in indecisive mode; Watch out for these key levels
Nifty likely to see a directional move on breakout from the 22,100 - 22,325 trading range, says Ravi Nathani, an independent technical analyst.
 "Nifty, Bank Nifty in indecisive mode; Watch out for these key levels")
Buy Nifty FMCG on dips; Metal to gain strength above 8,100, suggest charts
According to Ravi Nathani, an independent technical analyst, technical indicators such as RSI and MACD are signaling potential for a technical pullback in the near term on the Nifty FMCG index.
 "Buy Nifty FMCG on dips; Metal to gain strength above 8,100, suggest charts")
HDFC Bank, ITC: 5 Nifty stocks trading far away from their 52-week highs
Among these five, HDFC Bank, ITC and UPL can potentially rally up to 10 per cent; Whereas, Hindustan Unilever and Asian Paints can crack another 25 per cent, suggest charts.
 "HDFC Bank, ITC: 5 Nifty stocks trading far away from their 52-week highs")
Nifty IT: 37,780 is the make or break level; Bias for Auto turns negative
According to Ravi Nathani, an independent technical analyst, breach of 37,780 on the Nifty IT could trigger a fall to 37,400 and 37,125.
 "Nifty IT: 37,780 is the make or break level; Bias for Auto turns negative")
Tech picks: JK Lakshmi, Castrol can rally up to 20%, says HDFC Securities
On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has broken out from a consolidation phase and can rally towards 22,600-22,700.
 "Tech picks: JK Lakshmi, Castrol can rally up to 20%, says HDFC Securities")
Bias for Nifty PSU Bank turns negative, can dip up to 5%
On the upside, the PSU Bank index is likely to face resistance around 7,280 to 7,350, says Ravi Nathani, an independent technical analyst.
 "Bias for Nifty PSU Bank turns negative, can dip up to 5%")
Nifty, Bank Nifty can fall up to 7%, warn charts; Key hurdles to watch out
According to Ravi Nathani, an independent technical analyst, the trading strategy for Nifty and the Bank Nifty is 'sell on rise'.
 "Nifty, Bank Nifty can fall up to 7%, warn charts; Key hurdles to watch out")
Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound
According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is trading in overbought zone, hence some reversal can be anticipated.
Nifty IT, Auto: Key levels to watch out for on these two indices
According to Ravi Nathani, an independent technical analyst, the Nifty IT index is likely to face stiff resistance between 38,000 - 38,125.
Here's how to plan your trades in Nifty IT, Auto indices
According to Ravi Nathani, an independent technical analyst, the Nifty IT index seems range-bound on charts, while auto in a declining trend.
 "Here's how to plan your trades in Nifty IT, Auto indices")
Nifty Smallcap 250 index tests 50-DMA. Is there more room for downside?
The index had slipped below the 50-DMA back in November 2023, too, but recovered.
 "Nifty Smallcap 250 index tests 50-DMA. Is there more room for downside?")
NTPC, Gail: How to trade these 5 stocks that turned ex-dividend this week?
As many as 49 stocks turned ex-dividend on the bourses this week. Here's a quick chart check on select five among them.
Will ITC break Rs 400-mark as BAT mulls stake sale? Here's what chart say
Technically, the stock seems placed unfavourably on multiple parameters. However, a pullback cannot be ruled out, as it trades in oversold zone too.
 "Will ITC break Rs 400-mark as BAT mulls stake sale? Here's what chart say")
Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels
According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.
Nifty Energy, Pharma: Trading strategies for indices in overbought zone
A trade below 37,968 could prompt a stop-loss trigger for bullish positions on the Nifty Energy index, says Ravi Nathani, an independent technical analyst.
These stocks command market-cap of over Rs 15 trn each. Can they rise more?
As per the technical charts, Reliance and TCS seem placed favourably on the charts; hence, the stocks could see further gains in the coming trading sessions.
 "These stocks command market-cap of over Rs 15 trn each. Can they rise more?")
Nifty likely to face resistance in 21,970-22,125 band: HDFC Securities
Among individual stocks, Vinay Rajani, technical & derivative analyst at HDFC Securities, recommends to Buy NCC and Sonata Software for up to 18 per cent upside.
 "Nifty likely to face resistance in 21,970-22,125 band: HDFC Securities")
LIC tops Rs 1,000-mark; Can rally another 13% suggests tech chart
The stock has rallied over 67 per cent since late November, and looks to be favourably placed on multiple time-frames as per the technical charts.
 "LIC tops Rs 1,000-mark; Can rally another 13% suggests tech chart")
Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend
According to Ravi Nathani, an independent technical analyst, the Nifty PSU index is current exhibiting a range-bound pattern; whereas Pvt Bank seems weak.
 "Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend")
IOC, BPCL, HPCL: OMCs shares on fire post Interim Budget; check key levels
IOC is likely to trade on a bullish note as long as the stock sustains above Rs 165, suggests the daily chart.
