Page 3 - Chart Reading

Barring OMCs, Paint & Tyre stocks may see adverse impact if Brent tops $88

OMC stocks like BPCL, HPCL are better placed on the charts; decisive move over their key hurdles could see next leg of upside

Consumer Index sees trend reversal ahead of Budget; M&M, ITC near breakout

If the moving average continues to bolster the index, the reversal could see most of the consumer index stocks performing better

IDFC, L&T Finance, 3 others hit 52-week highs; charts show up to 23% upside

Stock reaching fresh 52-week highs may further see up to 23 per cent upside

UBL, CDSL: 5 oversold mid-, small-caps to bet on amid hopes of mkt reversal

Few oversold stocks have now reached their crucial levels that resulted in a robust breakout earlier. These are resilient cushions, with underlying strength capable of holding accumulative stance

HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?

HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500

Tech view: Check key levels on Sensex, Nifty as trend remains indecisive

The overall sentiment towards the market has remained indecisive and ambiguous, with market participants waiting for a clear direction

DLF, Macrotech Developers: Realty stocks remain resilient amid sell-off

Since the start of the current year, the Nifty Realty pack has remained laggard and traded with a weak bias down 1.5 cent lower so far in 2023.

RIL, Dr Reddy's Labs: 5 Nifty500 stocks cross 200-DMA, defying weak trend

Following a strong close over the 200-DMA set at Rs 2,559, the chart structure of Reliance Industries reveals a "Double Bottom" breakout

MCX Gold likely to consolidate; Silver futures trade with a negative bias

The MCX Silver July futures are currently trading below all its key moving averages; similarly, MCX Gold futures need to break above Rs 51,870 for further up move to emerge.

Wipro, TCS: These IT stocks can soar 15% despite being in 'overbought' zone

While Wipro does show some weakness, the overall trend, so far, has not been dented by the selling pressure

Tata Coffee, MCX, Bajaj Electricals: 5 stocks that can jump up to 25%

Stocks like Bajaj Electricals and NALCO can even surge up to 20 per cent each; while MCX, JK Lakshmi Cement and Tata Coffee are also looking good

ITC, Sun Pharma, Tata Steel: Strategies for FY22 Sensex winners and losers

Here are trading strategies for some of the best and worst stock performers in the S&P BSE Sensex pack thus far in fiscal 2021-22 (FY22)

Volatile markets? Use Average True Range indicator to minimize risk

The minimum return should be double the risk involved. ATR facilitates in identifying such stocks by studying the entry and exit levels.

How to use On-Balance Volume indicator to ascertain stock price movement

Price-action and candlestick patterns rely more on the volume distribution

Time to take a short position in the market? Look for this chart pattern

The opposite of this negative indicator is called Ascending Triangle. This represents a bullish bias with a breakout above the horizontal line.

Havells, Blue Star: 7 hot stocks to keep your portfolio cool this summer

Bajaj Electricals and Whirlpool can see significant upside on follow-up buying, technical charts suggest. However, the overall market also needs to be positive for these stocks to gain further ground

Triple Bottom: What the chart pattern means and how to make money using it

The sideways formation of Triple Bottom is seen as the most reliable and profitable pattern

91% stocks in overbought zone flash bullish signal. Do you own any?

VST Industries Limited, Suzlon Energy Limited, Sudarshan Chemical Industries Limited, Caplin Point Laboratories Limited, are reflecting upside on moving averages

Death Cross: The chart formation that warns traders about the trouble ahead

A perfect Death Cross is usually followed by a long-term downtrend that might last even for a year

How 10 candles in a chart pattern make a Sushi Roll

The basic idea is to find a structure that reflects a change in sentiment with market testing the higher highs and lower lows.