Page 10 - Chart Reading

L&T, Axis Bank, RBL Bank: How to trade these stocks post Q3 results?

Consolidation in Axis Bank may see breakdown if the counter closes below 100-DMA for two consecutive days.

On the charts: Understanding the Head and Shoulders pattern

The pattern consists of a shape that have three peaks which are categorised into the left shoulder, head and the right shoulder.

RITES, Titagarh: How to trade rail-related stocks ahead of Budget 2020

The overall outlook for the rail-related stocks looks promising.

Infosys, Wipro, Mindtree: How to trade IT stocks around Q3 results

Infosys and TCS are waiting for their respective range breakouts

Chart Check: Can QIP help Bharti Airtel stock to close above Rs 480?

In the last several years, the stock has crossed Rs 480 for about five times during intra-day but could never close above the level

Here's how you can make money in the stock market using a cup and a handle

The target level is usually the difference between the low of the rounding bottom and the price where the actual breakout happened.

Here's how you can trade BPCL, HPCL and IOC amid oil turbulence

A technical outlook on Indian oil marketing companies (OMCs) amid US-Iran tensions

After rising up to 11% last wk, will road sector stocks see profit booking?

A look at what technical charts indicate for these stocks.

Power Grid, NTPC rally post govt's infra push; will BHEL and NHPC follow?

Power Grid is continuously trading above 200-weekly moving average (WMA) since June 2014.

Bajaj Fin, Bharti Airtel, ICICI Bank: How these Sensex stocks fared in 2019

Golden Cross is defined as an indicator of a major rally. It is essentially a crossover of short-term moving average with the long-term moving average.

Adani Green, Adani Transmission: Trading strategies for Adani Group stocks

Formation of "Higher High, Higher low" in Adani Green may indicate further upside towards Rs 190 levels in the coming year

Candlestick pattern, trendline: Charting tools you can use to analyse stock

Gaps are areas on a technical chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between

Tech view: Understanding double top and bottom patterns

A double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal

Nifty Bank hits record high. Here are five stocks that can gain up to 10%

Axis Bank may see huge buying momentum after a strong close above Rs 760. On a bigger scale, the stock has managed to hold around 200-days moving average (DMA) and has not shown any major breakdown

Tata Power, NTPC, PowerGrid: Are power sector stocks likely to dip further?

Even as Adani Transmission hit new lifetime high on Tuesday, most power sector stocks are showing bearish signs. Here is how they look on the technical charts

DLF, Godrej Properties: Realty stocks that have gained in 2019

A Golden Cross breakout can trigger an upside rally in DLF

SBI, PNB: Should you buy PSU banks after RBI kept interest rate unchanged?

Both the technical parameters - Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for Nifty PSU Bank index are trading with negative crossover and indicate weakness

Sensex can scale higher if it breaches 40,800; bank stocks likely to shine

The daily chart shows buying around 40,200. If this level holds, then a further upside looks certain. Although, MACD trades with a negative crossover, the charts do not indicate any major weakness

BPCL, HPCL, IOC: Here's how OMCs have performed over the past few weeks

The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year.

RIL crosses Rs 1,500; up 35% in 2019. Charts show Rs 1,760 is in the offing

A decisive close above Rs 1,400 triggered short-covering, resulting in the new up move. That apart, a "flag pattern" with a breakout suggests Rs 1,420 and Rs 1,450 will act as an immediate support