Stocks Calls

Lupin is preparing the launch of PredForte, having a market of $200 million with 180 days competitive generic therapy (CGT) exclusivity in the near term

Stocks to Watch on Monday, October 23, 2023: Paytm said its revenue increased 32 per cent YoY to Rs 2,519 crore in the second quarter, with its consolidated net loss narrowing to Rs 291 crore

Pharma shares like Aurobindo Pharma, Zydus Lifesciences, Sun Pharmaceutical Industries Ltd, Glenmark Pharmaceuticals may rise up to 14 per cent.

Barring Sun Pharmaceutical Industries, which is anticipated to rally up to 10 per cent; other stocks indicate weak bias, as per technical charts

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.

The immediate supports for Nifty are placed around 16,600 and 16,500 while the levels to watch on the upside will be 16,800 and then 17,000 mark

A clear breakdown on price action and chart patterns may lead to slide in these stocks

Berger Paints after the recent up move has been consolidating in a narrow range around its record high

NOCIL has been trading in a symmetrical triangle pattern on the daily time frame

The overall sentiment towards broader market stocks has been favourable with the small-cap index closing in the green for four consecutive months

The 14-period RSI has seen positive crossover affirming the bullish stance in the Dabur counter from a short to medium-term perspective

Since November 2020, RELIANCE has made almost three bottoms between 1,830 - 1,860 levels, which indicates multiple supports for the stock near the 1,830-mark

Sastasundar Ventures can see a jump of over 20 per cent if crucial levels are held, charts suggest.

The PSU stocks are on a roll since the last couple of months and the way they are shaped up, they appear to perform well throughout this year

Unless there is a breakout with definite consecutive closes, one should not be too quick to 'confirm' a trend. It is very essential to ascertain a trend; sometimes, having a dull scenario on the chart

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Traders gain 40-44% as markets give up gains in 2nd half

The overall trend in the paint stocks remains bullish and any corrective move may see buying opportunities.

All the major cement stocks are trading with breakouts, signaling higher levels in the coming sessions. Any boost in Budget may trigger another 10 per cent rise in a short span