For Tata Steel, keep a stop at 477 and go short
For L&T, keep a stop at Rs 1380 and go long. Add to the position between Rs 1,405-Rs 1,410.
Trading strategies for index heavyweights based on their technical chart patterns
Here's a look at how the four Nifty IT stocks look on the technical charts -
Nifty, Bank Nifty, Tata Motors, Wipro, Hindalco
Nifty, Bank Nifty, Asian Paints, Bharti Airtel, Infosys
Nifty, Bank Nifty, BPCL, Powergrid
Based on a quick run on the NSE 500 index, the following stocks have crossed the 50 mark (RSI) as per their chart patterns and could move up further, the chart pattern suggests
Nifty, Bank Nifty, UPL, Wipro and Asian Paints
HDFC, Bharti Airtel, Nifty, Bank Nifty, Tata Steel, Bharti Airtel
Nifty Realty above 100-WMA after 6 months. Has the downward trend reversed?
Nifty, Bank Nifty, ATat Steel, Hindustan Unilever, Wipro
Nifty Auto index gained over 3 per cent in intra-day trade on Wednesday, outperforming the benchmark Nifty50 that moved up around 1.3 per cent to 10,685 in intra-day trade.
Nifty, Bank Nifty, IOC, Asian Paints, YES bank
Here are a few stocks that can head down over the next few sessions as per their technical chart patterns
Nifty, Indiabulls Housing, NTPC, Coal India
For HPCL, keep a stop at Rs 228 and go short
For Wipro, Keep a stop at Rs 321 and go long
Nifty, Bank Nifty, HCL Technologies, Tata Motors, Hero MotoCorp
Nifty, bank Nifty, Tech Mahindra, Coal India