Page 4 - Daily Technicals

Have the Sensex, Nifty bottomed out? Here is what technical charts say

The candlestick formations on the benchmark indices show a 'Bullish Engulfing' pattern, which suggests a change in sentiment to positive

How to ascertain a stock or the market is close to bottoming out?

On a year-to-date basis, the benchmark Nifty is down around 14 per cent

What is Elliott Wave theory and how can you benefit from it?

The study of the same recurring patterns in the financial markets assists in developing trading strategies

ACC, NBCC: These Nifty500 stocks have just exited oversold zone on RSI

Relative Strength Index (RSI) determines trend strength by identifying the oversold and overbought condition

IndusInd Bank, Eicher Motors, HPCL: 10 stocks that look bearish on charts

The Nifty 50 is trading around 200-DMA; if the selling pressure mounts then the index may see big selling pressure on stocks

Escorts, Tata Chemicals: 10 midcap stocks that look bullish on tech charts

The Nifty Midcap index may rally towards 21,000 levels

What is Stop-loss and how you can use it to limit losses in trading?

Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.

Dr Reddy's, Divi's Lab, Torrent Pharma: What lies ahead for pharma stocks?

Except Sun Pharma and Lupin, others have grown significantly and are showing less reversal signals.

Post-Budget trend shows nearly half of Nifty500 stocks trade below 50-DMA

Major hits were seen in front runners such as ACC Ltd, Ashok Leyland, and HDFC.

Polycab, Astral Poly Technik: How to trade construction-related stocks

Most stocks are witnessing selling pressure at higher levels. If that gets conquered, a fresh upside of 3-5 per cent is expected to happen.

ACC, Tata Steel, Britannia: Trading strategies for stocks post Q3 results

Except Voltas and Britannia, others may see selling pressure on every upside.

Can the divestment trigger in BPCL push oil-related stocks higher?

Except BPCL, the others show a weaker trend. However, the correction seems to have slowed down.

IRCTC, Avenue Supermarts, YES Bank: Trading strategies for buzzing stocks

IRCTC has risen over 50 per cent in just eight sessions. Bajaj Finance, YES Bank and Godrej Properties have also rallied in trade since the last few sessions. Here are the trading strategies

Reliance Industries is heading towards Rs 1,600 levels. Buy now

A successful close above Rs 1,500 can take the counter towards Rs 1,617 levels, which is its lifetime high level

ITC, HUL, Marico, Dabur: Here's how to trade FMCG stocks post Budget 2020

Hindustan Unilever may rally towards Rs 2,300 if it trades above Rs 2,150 levels.

United Spirits, UBL, ITC: How to trade sin stocks ahead of Budget 2020

Godfrey Phillips is approximately Rs 100 away from the lifetime high of Rs 1,572 level.

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.

Nifty view & two stocks that Sameet Chavan of Angel Broking is bullish on

In Nifty, traders are advised not to be adventurous by taking positions against the major direction

Nifty outlook and top stock picks by CapitalVia Global Research: Buy Marico

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