Page 52 - Trading Strategies

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.

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 IT, Auto Indices: Look bullish on charts, await dips to enter

According to Ravi Nathani, an independent technical analyst, the Nifty IT index may face resistance around 38,380 and 39,360; while hurdle for the Auto index is placed at 20,450.

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.

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.

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.

Nifty, Bank Nifty: Wait for confirmed breakout from trading range

According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

Over 80% of Sensex, Nifty50 stocks trade above their 200-DMA

The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally

Mid, Smallcap indices stay afloat in a choppy January; analysts cautious

The BSE Midcap and Smallcap indices have gained up to 4 per cent this month, as of Jan 25, while the benchmark BSE Sensex has declined over 2 per cent.

Adani Ports, Power: Charts suggest up to 23% upside for these Adani stocks

Over the last one year, select Adani Group stocks such as Adani Power, Adani Green, Adani Enterprises and Adani Ports have zoomed up to 300 per cent from their February 2023 lows.

Nifty Auto, IT indices range-bound on charts; Key levels to watch out for

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is seen oscillating between 37,930 and 36,136 trading range.

RIL, Asian Paints, Axis Bank: Key levels to watch out for post Q3 results

As stocks turn volatile post Q3 results, watch out for these key levels on the likes of ICICI Bank, Hindustan Unilever, CoForge and UltraTech Cement among others and plan your trading strategy.

Zydus Life, ICICI Bank: Stocks to buy in current market set-up

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has confirmed a bearish trend reversal, and could see further downside in coming days.

Bank Nifty, Financial Services Indices: Plan to enter near support areas

According to Ravi Nathani, an independent technical analyst, anticipated support levels on charts for Bank Nifty are identified around 44,600, 43,500, and 42,900.

Abolish STT, sops for rural India: What markets expect from interim budget

Interim budget proposals are likely to have a hint of populism given the upcoming general elections, believe analysts, but unlikely to derail the government from its path of fiscal prudence.

OFSS, IRFC zoom up to 70% so far in 2024! Charts show more legs in rally

As many as 274 out of the Nifty 500 stocks held gains as of Jan 19, even as the benchmark BSE Sensex was down 2 per cent for the new year. Here's what charts suggest for select early movers of 2024.

Markets in a free fall. More pain ahead? Here's what charts suggest

The Nifty has declined over 3 per cent in the last two trading sessions, and is seen trading below its 20-DMA for the first time since November 07, 2023.

Chart check: Bias turns negative for HDFC Bank as stock dips below 200-DMA

The sharp fall in the last two-days has dented the charts of HDFC Bank, suggesting further downside amid some consolidation.

Infy, TCS, Wipro, HCLT: Chart suggests up to 14% upside as stocks breakout

The Nifty IT index is likely to trade with a bullish bias as long as the index sustains above 36,950 levels, suggest the daily chart.