Market Technicals
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 : Sebi says Jane Street probe could be wider as firm dem")
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 : legally untenable and an attempt to undermine the legi")
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 :Citing data presented by Yadav in August 7, 2023, the groups alleged")
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
 "Market Technicals : comprising Chhattisgarh Bachao Andolan and Himdhara Environment")
Manipal Health aims adding 3,600 beds yrs after Temasek controlling stake
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.
 "Auto stocks buck downbeat market trend in May; charts suggest further gains")
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
 "Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall")
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
 "Charts suggest Nifty 50, IT Index may enter consolidation phase")
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
 "SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy")
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
 "Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani")
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.
 "RIL, ONCG, OIL: Windfall tax cut may propel bullish rally of up to 15%")
'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
 "'Sell-on-rise' strategy suitable for Nifty Private Bank index: Ravi Nathani")
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
 "Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani")
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.
 "Sensex may reclaim 62,000, Nifty 18,000 if these levels are conquered")
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
 "Nifty Commodities show bearish trend, suggest 'sell-on-rise': Ravi Nathani")
Manappuram, MGL: Select small-cap stocks are poised for bigger upside
Selective small-cap stocks may rally up to 22 per cent in coming months, show technical charts
Bias for Nifty likely to remain bearish below 17,210: HDFC Securities
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to Buy Mahanagar Gas and Dr.Reddy's Labs.
 "Bias for Nifty likely to remain bearish below 17,210: HDFC Securities")
Nifty FMCG looks weak; PVT Bank Index likely to outperform: Ravi Nathani
The Nifty Pvt Bank index can rally to 20,425 and 20,775 in the short-term.
 "Nifty FMCG looks weak; PVT Bank Index likely to outperform: Ravi Nathani")
Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani
According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236
 "Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani")
Traders can adopt 'buy-on-dips' strategy for Nifty: Ravi Nathani
According to the technical analyst, the best trading strategy for traders would be to buy on dips with a strict stop loss of 16,800 on a closing basis for Nifty
 "Traders can adopt 'buy-on-dips' strategy for Nifty: Ravi Nathani")
