Adani group stocks have been in limelight post the stupendous listing of Adani Wilmar four days ago.
Dish Tv too has bounced back from its major support level and can gain up to 8 per cent. Nazara Technologies, however, looks weak.
The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.
The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.
Ambuja Cements, The Ramco Cements look weak on charts, while UltraTech Cement seems the best bet in the sector.
If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts
Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high
The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.
Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.
These brokerages houses are bullish on banks and capital goods.
Stocks like Godrej Property can surge 15 per cent, where as Navin Fluoro can easily jump another 10 per cent provided it consecutively closes above Rs 4250
The technical analyst expects the NSE Nifty to face resistance around 17,773, while suggests to hold longs on the Nifty with a stop at 17,200.
Infra related stocks can easily see a jump of 10 per cent in quick time
Adani Green so far this month has rallied 45% per cent, sustained trade above Rs 1,900-level can trigger a fresh 15 per cent surge
With the exception of SAIL, other PSU stocks could breakout upon any positive news in the sector
The two major OMCs were exhibiting a mixed trend on the charts, with HPCL reflecting positivity, while BPCL struggling to hold ground.
Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said
Major FMCG stocks are not showing exciting structure on charts, better play is to avoid them.
Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.
Major stocks have broken out on upside, any trigger in Budget 2022 could see sharp up move