Page 4 - Market Outlook

Nifty charts suggest upward bias likely in the near-term, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Poonawala Fincorp and ICICI Bank

Here's why Ravi Nathani is bearish on Nifty Auto index in the near-term

According to technical analyst, since the MACD has turned negative, and Parabolic Stop and Reversal has turned bearish, it is advised for traders to adopt sell-on-rise strategy for Nifty Auto index

Is the worst over for new-age tech companies? Here's what analysts say

Shares of Paytm, FSN e-Commerce Ventures (the parent firm of Nykaa), PB Fintech (parent firm of Policybazaar), and CarTrade Tech surged up to 17 per cent in a month

ITC, RIL, ICICI Bank help lift Sensex 600 pts higher, Nifty above 17,900

CLOSING BELL: Sensex and Nifty indices snapped their 2-day losing run, ralling on Tuesday as supportive global cues, ease in WPI inflation, and healthy buying in heavyweights lifted sentiment.

Mehul Kothari expects a pullback rally in Tata Steel, PEL; check why

According to the technical analyst from Anand Rathi, Piramal Enterprises can rally to Rs 950, while EaseMyTrip can jump to Rs 120.

Charts suggest positive breakout likely for Nifty IT index: Ravi Nathani

According to the technical analyst, since the Nifty IT index trades at 30,870.20, it is on the verge of a positive breakout as it hovers near the key level of 31,255

Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel

Stocks to watch today: SAIL, Nykaa, Power Finance Corporation, Gujarat Gas, Castrol India, Campus Activewear will report the October-December quarter (Q3FY23) results

Indian stock markets to continue underperforming EM peers: Morgan Stanley

Earlier in November 2022, Morgan Stanley had reiterated its stance on the Indian markets and said that the bull-run remained intact. Back then, they expected the Sensex to hit 80,000 levels by Dec '23

Charts suggest Nifty Energy index could bounce back, says Ravi Nathani

According to the technical analyst, in the past four days, the Nifty Energy index appears to be encountering resistance at 22,650, and a violation of this level could signal the start of accumulation

Hatchery stocks in focus: SKM Egg, Venky's, Simran Farms rally up to 10%

Shares of SKM Egg Products Export India, Venky's India, Simran Farms and Ovlbel Foods were up in the range of 5 per cent to 10 per cent in Thursday's intra-day trading session

Here's why Ravi Nathani is bullish on Nifty 50 index in the near-term

Traders must adopt a bullish stance on the market as the Nifty 50 index closed above 17,870, indicating that bulls are likely to be stronger than bears in the near-term, says Ravi Nathani

Here's what Ravi Nathani recommends on the financial sector

According to the technical analyst, traders should adopt a strategy of purchasing near support and selling near resistance for the Nifty financial services index

Traders can adopt sell-on-rise strategy on Bank Nifty, says Ravi Nathani

According to the technical analyst, the Bank Nifty is likely to exhibit a negative bias as long as it remains below 42,850.

Titan rallies 5% on hopes of healthy Q4 business outlook

Given strong execution, analysts at Emkay Global Financial Services, too, remain confident of the high-teens earnings trajectory for Titan in the medium term

Ravi Nathani recommends placing bearish trading bets on Nifty Metal index

According to the technical analyst, the Nifty FMCG index is gyrating in a 1,000-point range, a breakout from the same could trigger a fresh trend.

Mehul Kothari expects a pullback rally in Biocon, Wipro; Here's why

According to the technical analyst from Anand Rathi, BPCL and Wipro can pullback to Rs 270 and Rs 430, respectively.

Bank Nifty likely to consolidate in the near-term, says Ravi Nathani

According to the technical analyst, Bank Nifty's break out from within the range of 41,725 to 42,725, would indicate a trend change in the charts

Nifty chart shows signs of accumulation at lower-end, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Berger Paints.

Nifty trading range has narrowed down, says Ravi Nathani

According to the technical analyst, the near-term trading range on the Nifty is 18,149 - 17,760, close above or below would add trigger in the direction.

Nifty Auto, Metal indices trading in thin range; here's how to play them

The best trading strategy Nifty Auto index would be to sell near resistance levels until we get close above new high