Page 2 - Market Technicals

F&O call: Here's why you should buy SBI Put option for March series

The stock is placed below all important moving averages, which indicates a bearish trend on all time frames, says technical analyst from HDFC Securities

Traders can adopt 'buy-on-dips' strategy for Nifty Media: Ravi Nathani

According to the technical analyst, the Nifty Media Index is currently displaying a range-bound pattern, with fluctuations occurring within a prescribed range

Bajaj twins hit new lows every month since November 2022; weakness persists

Every reversal in Bajaj twins is expected to face sell-off, until key levels are not conquered, with aggressive volumes.

Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani

The technical analyst expects the Nifty auto index to shortly see a rebound, while the metal index could underperform

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

According to the technical analyst, traders can employ 'buy-on-dips' strategy for Nifty Private Bank, Nifty PSU Bank, and Nifty Financial Services indices

Will the markets regain lost glory in March despite volatility?

Despite high volatility in the months of March the Nifty has ended higher in five of the last seven occasions.

Charts suggest a pullback is likely for Nifty in near-term: Ravi Nathani

According to the technical analyst, the Nifty index exhibits an imminent pullback in the near-term post an oversold disposition

Nandish Shah recommends Bull Spread on Glenmark Pharma for March series

The derivative analyst from HDFC Securities recommends to Buy Glenmark Pharma 440 CALL at Rs 7 & simultaneously sell 450 CALL at Rs 4 of March series

Charts suggest near-term upside for pharma, oil & gas shares: Ravi Nathani

According to the technical analyst, he remains bullish on Nifty Pharma, and Nifty Oil & Gas indices

Bank Nifty, Private Bank indices remain bearish on charts: Ravi Nathani

If the Bank Nifty breaks support at 38,780, the index could slide all-the-way to 37,875 level.

RIL, Mphasis: 45 stocks hit fresh 52-week lows; charts show more pain ahead

The heavy-weight Reliance Industries has broken critical support of Rs 2,300, raising concerns about the future drawdown. In addition, the formation reveals a "Descending Triangle" violation

Charts signal Nifty Auto index to bounce back in near-term: Ravi Nathani

According to the technical analyst, charts suggest rapid technical bounce for the Nifty Auto index, wherein traders can anticipate a price recovery

Bias turns positive; Gold may rally towards Rs 58,700, Silver Rs 70,000

The near term bias for MCX Gold April futures is likely to remain bullish as long as the commodity sustains above Rs 57,100.

NTPC, PFC: 5 F&O stocks see long OI build-up; Here's how to trade in them

Build-up of long OI in general indicates that traders are expecting the price of the underlying stock or index to gain in the near-term.

Traders should keep a close eye on 17,315 on the Nifty: Ravi Nathani

The technical analyst sees 17,315 as a critical support level for the near term.

IDFC, MGL, Radico: 5 smallcaps to bet on amid current market volatility

Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts

Charts signal bearish trend for Nifty Pharma in near-term: Ravi Nathani

According to the technical analyst, traders must adopt 'sell-on-rise' strategy for Nifty Pharma, Nifty Energy, and Nifty Midcap 100 indices

Adopt 'buy-on-dips' strategy for Nifty FMCG index, suggests Ravi Nathani

According to the technical analyst, the Nifty FMCG index presents a promising opportunity for traders to capitalise on the current bullish trend

Bulls ride PSE index to historic peak, half of index stocks on breakouts

Altogether 10 out of 20 stocks in Nifty PSE index are flashing breakout structures that reflect medium-term bullishness.

Charts show bullish trend for Nifty Private Bank in near-term: Ravi Nathani

According to technical analyst, the Nifty Private Bank index exhibits a bullish trend in the near term, but traders must exercise caution and wait for decisive breakout before taking any new position