Page 74 - Trading Strategies

F&O Check: Shorts rise at Adani counters; AEL may hit Rs 2,600 level

Adani Enterprises, Adani Ports, ACC and Ambuja Cements witnessed significant build-up of OI in tandem with a fall in stock price so far this week, indicating build-up of shorts at these counters.

Pharma, Energy, Commodities indices look bearish on charts: Ravi Nathani

According to the technical analyst, the Nifty Energy index can drop to 24,239, and the Pharma to 12,100.

MCX Crude oil may find support at Rs 6,400; Natural Gas could test Rs 227

On the upside, the Rs 6,700-odd level remains a major hurdle for Crude Oil futures; whereas, interim support for Natural Gas is placed at Rs 240.

Trend looks bullish on Nifty Pharma, Media indices, says Ravi Nathani

According to the technical analyst, the Nifty Pharma index can rally up to 13,250 level, while the Media index can surge to 2,080 level.

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks

According to the technical analyst, the Nifty Auto index can rally to 13,050 - 13,160 levels.

Gold tests major hurdle at Rs 56,850; Silver likely to play catch-up

The overall bias for Gold prices likely to remain bullish as long as Gold sustains above the Rs 55,700 - Rs 55,400 support zone. This week, Silver prices may look to retest the Rs 70,000-mark.

Ravi Nathani expects Nifty to hit 18,400; cautions on Pvt Bank

According to the technical analyst, the Nifty 50 is expected to get strong support in the range of 17,925 to 18,000.

Adani Enterprises FPO: Short-term trend on the stock remains negative

A sustained move over the 50-DMA of Rs 3,881 could see the counter heading towards recording a new historic peak

F&O Call: Nandish Shah recommends Bull Spread strategy on IOC

The derivative analyst from HDFC Securities recommends to Buy IOC 83 Call and simultaneously SEll 85 Call of the January expiry.

Positive trend ahead for Nifty IT, bearish on metal index: Ravi Nathani

As per the technical analyst, the best trading strategy for traders would be to buy Nifty IT either at the current market price or at dips, with a target of 31,500

Sensex snaps 2-day winning streak, ends 187 pts lower; Nifty50 below 18,150

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.4 per cent.

Mehul Kothari expects a pullback rally in Biocon, Wipro; Here's why

According to the technical analyst from Anand Rathi, BPCL and Wipro can pullback to Rs 270 and Rs 430, respectively.

Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285

In case Rs 285 holds, Natural Gas futures can potentially rally to Rs 344.

Nifty chart shows signs of accumulation at lower-end, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Berger Paints.

Nifty trading range has narrowed down, says Ravi Nathani

According to the technical analyst, the near-term trading range on the Nifty is 18,149 - 17,760, close above or below would add trigger in the direction.

Gold may take a breather around Rs 56,850; Trading range narrows for Silver

The overall bias for Gold remains bullish, with near support seen at Rs 55,900 level. The Bollinger Bands indicate a likely trading range of Rs 2,000-odd points for the MCX Silver March futures.

F&O Call: Nandish Shah recommends Bull Spread strategy on UltraTech Cement

The derivative analyst from HDFC Securities suggests to BUY 7,200 Call for January 25 expiry of UltraTech Cement, and simultaneously SELL 7,400 Call of the same series.

Nifty consolidating in the range of 17,775 - 18,265, says Ravi Nathani

According to the technical analyst, a big move on the Nifty is likely once the trading range is dismissed.

Mehul Kothari is bullish on Hind Petroleum, SAIL; check why

According to the technical analyst from Anand Rathi, Hind Petro can surge to Rs 278; while SAIL can advance to Rs 97.

Here's why Ravi Nathani is optimistic on the financial sector

According to the technical analyst, the Nifty Private Bank, PSU Bank and Financial Services indices may extend the pullback in the near term.