Page 69 - Technical Charts
CRISIL, Icra, CARE: Major hurdles yet to be conquered by rating agencies
Despite the 15 per cent rally on Wednesday, CARE Ratings still trades 38 per cent lower from its 52-week high; Similarly, CRISIL and ICRA too are down 14 per cent from their respective 52-week highs.
 "CRISIL, Icra, CARE: Major hurdles yet to be conquered by rating agencies")
KEC Intl, Macrotech: 5 Nifty 500 stocks that are on the verge of a breakout
KEC International and Shriram Transport Finance can soar up to 22 per cent, while Macrotech Developers, Gujarat Fluorochemicals and Godrej Consumer can rally up to 15 per cent, show charts.
 "KEC Intl, Macrotech: 5 Nifty 500 stocks that are on the verge of a breakout")
Nifty can target 16,650 in the short-term, says Vinay Rajani
The technical analyst from HDFC Securities also recommends buying CCL Products and Torrent Pharma.
 "Nifty can target 16,650 in the short-term, says Vinay Rajani")
Adani eyes 5G pie: Airtel, Voda Idea need to hold these levels going ahead
Bharti Airtel and Vodafone Idea can slip into a bear trap if these key supports levels are breached; MTNL by far seems a safer bet.
 "Adani eyes 5G pie: Airtel, Voda Idea need to hold these levels going ahead")
Broader outlook for Gold remains bullish; Silver can pull-back to Rs 59,250
The MCX Gold futures need to cross and sustain above Rs 51,350 to regain upward momentum; Silver futures has near support at Rs 56,100.
 "Broader outlook for Gold remains bullish; Silver can pull-back to Rs 59,250")
5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
 "5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever")
MCX Crude Oil futures may drop to Rs 7,100; Natural Gas in oversold zone
The MCX Crude Oil has near support at Rs 7,740, below which it can slide towards the 200-DMA at Rs 7,100. Natural Gas may test Rs 410-odd level, while a bounce to Rs 500-odd level cannot be ruled out.
 "MCX Crude Oil futures may drop to Rs 7,100; Natural Gas in oversold zone")
Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables
The technical analyst from HDFC Securities expects the bias for the Nifty to remain positive as long as the NSE index holds above 15,704.
 "Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables")
Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show
The Mahindra Group stocks, barring Tech Mahindra, have outperformed the benchmark indices considerably so far in 2022, and look fairly strong on the charts poised for more gains ahead.
 "Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show")
TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls
In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.
 "TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls")
Ahead of Q1 results: Sell-off in IT stocks not over yet; TCS can fall 14%
Shares of major IT stocks are trading near key support levels, if that breaks a severe downside seems imminent, indicate charts.
 "Ahead of Q1 results: Sell-off in IT stocks not over yet; TCS can fall 14%")
MCX Gold futures can rally to Rs 53,150; Silver likely to decline further
Gold futures are likely to trade with a bullish bias as long as they hold above Rs 51,535 in the entire month of July; Silver futures could decline towards Rs 53,850.
 "MCX Gold futures can rally to Rs 53,150; Silver likely to decline further")
Beaten down consumer durables still weak; Bajaj Electricals may buck trend
Voltas, Havells, Blue Star and Whirlpool need to conquer their crucial hurdles to exhibit bullishness.
 "Beaten down consumer durables still weak; Bajaj Electricals may buck trend")
Petrol export duty: Will RIL shares fall more after Friday's 9% slide?
The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.
 "Petrol export duty: Will RIL shares fall more after Friday's 9% slide?")
Consider buying India Cements, 3M India on dips, recommends Mehul Kothari
According to the technical analyst from Anand Rathi, India Cements can be bought closer to Rs 155 and 3M India should be bought near Rs 21,800.
 "Consider buying India Cements, 3M India on dips, recommends Mehul Kothari")
Pricol, Minda: Here's why you should consider buying auto ancillary stocks
According to the technical charts, auto ancillary stocks, like Talbros Automotive, Jupiter Wagons and Minda Industries are likely to rise another 15 per cent in the upcoming trading sessions.
 "Pricol, Minda: Here's why you should consider buying auto ancillary stocks")
Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high
According to the technical charts, the range of Rs 2,350 - Rs 2,150 on the stock is seen as a good area for bottom fishing.
 "Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high")
Bias for MCX Crude Oil seems positive, Natural Gas may remain volatile
The key support levels for the MCX Crude Oil and Natural Gas futures for the remainder of the week are Rs 8,545 and Rs 502.30, respectively.
 "Bias for MCX Crude Oil seems positive, Natural Gas may remain volatile")
Here's why Vinay Rajani recommends buying Timken India, Ashok Leyland
The technical analyst from HDFC Securities recommends going long on the Nifty with a stop at 15,500.
Mehul Kothari recommends this strategy on Bajaj Finserv and LTTS
According to the technical analyst from Anand Rathi, Bajaj Finserve should be bought on rise above Rs 12,000, while one should consider buying LTTS on dips near Rs 3,000-mark.