Market Technicals

BSE, MCX at new highs ahead of Q4 results; analysts predict up to 22% rally

BSE stock has surged 29% and MCX 21% thus far in April in anticipation of strong Q4 earnings. Anand James of Geojit expects BSE to target ₹4,200 on the upside in the medium-term.

Mcap of 7 top valued firms jumps by ₹1.18 trn; SBI, Airtel biggest winners

The market valuation of State Bank of India jumped ₹35,953.25 crore to ₹7,95,910 crore

ITC, Nestle, HUL: Charts show 5 FMCG stocks on verge of fall; strategy here

Technical charts show that FMCG shares - ITC, HUL, Nestle India, Colgate-Palmolive and Marico were trading near key support levels; a downside breakout can trigger a fall up to 13% from here.

Nifty to rise for 7th day? Positive bias seen; analyst picks 3 'Buy' stocks

Bajaj Finance, Coal India and Hindustan Aeronautics are the buy recommendations given by Ajit Mishra of Religare Broking

5 penny stocks worth your portfolio that can rally up to 48%

Penny stocks such as Reliance Home Finance, Aksh Optifibre, Steel Exchange India and 2 others, trading below ₹10 per share, seem to be favourably placed on the charts.

Market Technicals : Sebi says Jane Street probe could be wider as firm dem

Jane Street told SAT Sebi ignored its own surveillance report and sought access to NSE communications and regulator emails in the ₹4,840-cr case

Market Technicals : legally untenable and an attempt to undermine the legi

MoEF trying to 'subvert' FRA: Over 90 forest rights groups writes to PM

Market Technicals :Citing data presented by Yadav in August 7, 2023, the groups alleged

Citing data presented by Yadav in the Lok Sabha on August 7, 2023, the groups alleged that while the minister blamed the FRA, tribals and other forest rights holders for forest degradation

Market Technicals : comprising Chhattisgarh Bachao Andolan and Himdhara Environment

They called the statement "false, misleading, legally untenable and an attempt to undermine the legitimacy of the FRA

Manipal Health aims adding 3,600 beds yrs after Temasek controlling stake

Manipal Health aims adding 3,600 beds yrs after Temasek controlling stake

Auto stocks buck downbeat market trend in May; charts suggest further gains

Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.

Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall

Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground

Charts suggest Nifty 50, IT Index may enter consolidation phase

Technical analyst Ravi Nathani expects the NSE benchmark index to consolidate in 17,150 - 17,850 range

SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy

An unchanged repo rate may propel rate sensitive stocks to rise up to 15 per cent

Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani

According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias

RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%

When a stock reaches a new definitive peak, the trend is observed to rally in the same direction in the following sessions. This could become the case for Oil & Natural Gas Corporation and Oil India.

'Sell-on-rise' strategy suitable for Nifty Private Bank index: Ravi Nathani

The technical analyst recommends to employ 'sell-on-rise' strategy for Nifty Private Bank, Nifty Consumption indices in the near-term

Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani

The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term

Sensex may reclaim 62,000, Nifty 18,000 if these levels are conquered

Positive divergence may push Sensex and NIfty in a bullish trend for coming sessions, show technical charts.

Nifty Commodities show bearish trend, suggest 'sell-on-rise': Ravi Nathani

The technical analyst recommends traders to employ a "sell on the rise" strategy when trading Nifty Commodities, given that its short-term pattern appears to be trading within a range of 5,600-5,400