Page 37 - Technical Charts

Adani Ports, NTPC among 5 Nifty stocks in overbought zone; check key levels

In a bull market, stocks tend to remain in overbought zone for a longer period viz-a-viz a bearish phase. Presently, 18 stocks from the Nifty index were technically trading in overbought zone.

90% of Nifty 500 stocks trade above 200-DMA; time to be selective: Analysts

The sharp run up in the markets in the last few sessions has made analysts cautious, who now expect the markets to consolidate before resuming their journey north

Bajaj Group tops Rs 10 trn m-cap; Key levels to watch out on major stocks

Among individual shares, Bajaj Finance and Bajaj Finserv look ripe for further upside, while Bajaj Auto may witness some consolidation in the near-term, hint charts.

Chart check: Will Nifty top 25,000-mark before 2024 general elections?

With today's sharp up move, the overall mood has become upbeat and momentum is likely to drive Nifty to newer heights. However, how steep can the rally be? Here's what the chart suggests.

Rajesh Exports, Brightcom: Trading strategies for top losers in 2023 so far

Among the Nifty 500 index losing pack so far, Rajesh Exports, Delta Corp and V-Mart Retail can potentially gain up to 15 per cent from current levels, charts show.

Bias for Nifty IT index to turn bullish only above 32,664, indicates chart

According to Ravi Nathani, an independent technical analyst, the Nifty Auto index is likely to exihibit bullish trend as it hovers in uncharted territory.

Nifty at 20K, will the optimism last? Here's what chart suggests

The NSE Nifty may face some resistance around 20,130; above which the index can potentially hit a new all-time high soon.

India Cements, Hindustan Copper can rally up to 17%; here's why

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities expects Nifty to scale a new all-time high soon.

Nifty Financial Services, Private Bank indices look bullish on charts

According to Ravi Nathani, an independent technical analyst, the Nifty Nifty Financial Services index can rally to 20,210, while the Private Banks index could surge to 23,500.

MCX Gold futures could test Rs 65,000-mark on the upside, chart suggests

Gold futures are up 12 per cent so far this year, and have gained 132 per cent in the last eight years. Chart suggests that bias is likely to remain favourable as long as Gold trades above its 20-MMA.

Nifty FMCG, Energy indices offer divergent trading opportunities; check why

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index looks bullish on chart and presents a buying opportunity on dips for potential upward movement.

Trading strategies for Nifty Banks and Financial Services indices

According to Ravi Nathani, an independent technical analyst, traders can consider the buy on dips strategy for Nifty Financial Services and Private Banks indices. However, the PSU Bank looks weak.

Bias for Nifty remains bullish; look to buy on dip, suggest charts

According to Ravi Nathani, an independent technical analyst, substantial resistance for the Nifty can be expected between 20,064 and 20,110.

Axis Bank, Bajaj Fin can dip up to 7%; GIC Hsg likely to gain, show charts

Meanwhile, SBI looks range-bound on charts, while shares of SBI Cards & Payments can pullback up to 7 per cent from present levels.

HPCL, BPCL, IOCL: OMCs rally up to 23% in Nov; will they sustain the gains?

Drop in crude oil prices and a bumper profit in Q2 has fuelled the rally so far in oil marketing companies.

Aarti Drugs, Balrampur: 5 stocks that can surge up to 66% in Samvat 2080

Bayer Cropscience, Granules India and HLE Glasscoat are the other three stocks that can generate healthy returns till next Diwali, based on the existing chart patterns.

Nifty MidCap, SmallCap indices flashing signs of caution

Here's why Ravi Nathani, an independent technical analyst, recommends to book profit in Nifty Midcap 50 and Smallcap 100 indexes.

Time to book profit in Nifty Pharma; Auto index remains bullish

According to Ravi Nathani, an independent technical analyst, stiff resistance for the Nifty Pharma index is anticipated at 15,600 level.

Samvat 2080: Volatility ahead; Will Sensex top 72K or test 58K first?

Given the recent consolidation in the market, select key indicators are flashing signs of caution, hence the benchmark indices are likely to be volatile going ahead.

Hold Nifty longs with a stop at 19,276, suggests HDFC Securities

Among individual stocks, Vinay Rajani, technical & derivative analyst at HDFC Securities, recommends to Buy EIH and Doodla Dairy for up to 8 per cent upside.