Page 86 - Trading Strategies

June qtr could see some more earnings downgrades: Anoop Bhaskar, IDFC MF

We have raised cash levels across several of our funds, both for funding redemption pressure as well as pouncing on emerging opportunities, Bhaskar said

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.

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.

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.

F&O Strategy: Four reasons why Nandish Shah recommends buying Indian Hotel

The technical analyst from HDFC Securities recommends buying Indian Hotel June future for a target of Rs 232.

Macrotech, Brigade Ent: Bet on these stks to benefit from real estate boom

Among other real-estate stocks, Indiabulls Real Estate remains in the bear trap, while Sobha and Godrej Properties were seen struggling to make a come back.

MCX Crude Oil may drop to Rs 8,050; Natural Gas likely to bounce back

The MCX Crude Oil futures seem on course to test the 100-DMA around Rs 8,050-level; Select momentum oscillators on Natural Gas have hit oversold territory, thus a pull-back rally can be expected.

Here's why Vinay Rajani of HDFC Securities is bullish on MphasiS, Sobha

The technical analyst sees Nifty support moving higher to 15,400, and resistances for the NSE benchmark at 15,750, 15,883 and 16,150.

MCX Gold, Silver futures seem range-bound; Key levels to watch out

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

F&O Strategy: Nandish Shah recommends Bear Spread strategy on DLF

The technical analyst from HDFC Securities recommends buying DLF June 300 Put and simultaneously selling 280 Put.

Paytm, Zomato, Indiabulls Housing look oversold; can jump up to 25%

Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain

Mehul Kothari recommends buying Axis Bank, Fine Organic above these levels

According to the technical analyst from Anand Rathi, Axis Bank can rally up to Rs 670 in the next 2 - 3 trading sessions.

Sensex, Nifty headed towards 100-WMA; more pain ahead for markets?

The 100-WMAs hold the key for the Sensex and Nifty; Only a decisive breakdown of the same could mean medium-term bearishness for the benchmark indices.

Gold to remain bullish above Rs 51,600-level; Silver futures await breakout

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

F&O Strategy: Nandish Shah recommends going long on M&M Finance

The technical analyst from HDFC Securities recommends buying M&M Finance June future with a stop at Rs 183 for a target of Rs 194.

Key trading levels to watch out on MCX Crude Oil, Natural Gas futures

The MCX Natural Gas futures are likely to trade with a bullish bias for the remainder of the week as long as prices sustain above Rs 709.50.

Decisive move likely in MCX Gold this week; Silver futures may consolidate

The Rs 50,975-level is the pivot point for MCX Gold futures this week; Silver futures may trade in a broad range of Rs 60,165 to Rs 63,175 this week.

Here's why Mehul Kothari recommends buying Elecon, Hindustan Petroleum

According to the technical analyst from Anand Rathi, Elecon has confirmed a range breakout while HPCL seems to be testing support at its long-term trend line.

ITC up 30% in 2022: Will Godfrey Phillips, NTC, Golden Tobacco follow suit?

Charts reveal that ITC seems poised for another 15 per cent rally; Similarly, Godfrey Phillips has seen a "Golden Cross" and looks promising while others are seen testing historic support levels.