Technical analyst Ravi Nathani expects the NSE benchmark index to consolidate in 17,150 - 17,850 range
According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias
The technical analyst recommends to employ 'sell-on-rise' strategy for Nifty Private Bank, Nifty Consumption indices in the near-term
The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term
The technical analyst recommends traders to employ a "sell on the rise" strategy when trading Nifty Commodities, given that its short-term pattern appears to be trading within a range of 5,600-5,400
The Nifty Pvt Bank index can rally to 20,425 and 20,775 in the short-term.
According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236
According to the technical analyst, the best trading strategy for traders would be to buy on dips with a strict stop loss of 16,800 on a closing basis for Nifty
The technical analyst expects the Nifty auto index to shortly see a rebound, while the metal index could underperform
According to the technical analyst, traders can employ 'buy-on-dips' strategy for Nifty Private Bank, Nifty PSU Bank, and Nifty Financial Services indices
According to the technical analyst, the Nifty index exhibits an imminent pullback in the near-term post an oversold disposition
According to the technical analyst, he remains bullish on Nifty Pharma, and Nifty Oil & Gas indices
If the Bank Nifty breaks support at 38,780, the index could slide all-the-way to 37,875 level.
According to the technical analyst, charts suggest rapid technical bounce for the Nifty Auto index, wherein traders can anticipate a price recovery
With an view to capitalize on a potential technical bounce, the technical analyst advises traders to adopt a buying strategy near the support price.
The technical analyst sees 17,315 as a critical support level for the near term.
According to the technical analyst, traders must adopt 'sell-on-rise' strategy for Nifty Pharma, Nifty Energy, and Nifty Midcap 100 indices
According to the technical analyst, the Nifty FMCG index presents a promising opportunity for traders to capitalise on the current bullish trend
According to technical analyst, the Nifty Private Bank index exhibits a bullish trend in the near term, but traders must exercise caution and wait for decisive breakout before taking any new position
The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.