Page 20 - Market Technicals

F&O Strategy: Nandish Shah recommends this strategy for the May expiry

The derivative analyst from HDFC Securities recommends buying Kotak Bank 1,780 Put and simultaneously selling 1,760 Put for the May expiry.

Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?

Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias

Here's why Vinay Rajani suggests buying Chalet Hotels, UTI AMC

According to technical analyst from HDFC Securities, Chalet Hotels is trying to find support at 50 days EMA, whereas, UTI AMC has formed a bullish 'hammer' candlestick pattern on the chart.

Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show

The Nifty Auto index is slowly inching towards 200-DMA; above which the index can gain up to 4 per cent.

Trading strategies in SBI, BoB, Tech Mahindra, DMart post Q4 results

Watch out for these key levels on SBI and Bank of Baroda, while Tech Mahindra and DMart can be avoided for now.

Bias remains negative for MCX Gold, Silver futures; Key levels to watch out

The MCX Gold futures may slide towards the 200-DMA at Rs 48,840 in the near term; while the broader trend indicates a downside target of Rs 53,000 for MCX Silver futures.

Options Trading: Vinay Rajani recommends buying Federal Bank Put

The technical analyst from HDFC Securities reommends buying Federal Bank 85 Put with a stop loss at Re 1.

Nifty 500 Alert: These 55 stocks are hitting fresh 52-week lows regularly

Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards

Bias turns negative for MCX Crude Oil; Natural Gas futures may consolidate

The MCX Crude Oil futures may test Rs 7,540-odd level this week; while on the upside MCX Natural Gas May futures are likely to face resistance around Rs 590.

Should you buy Voda Idea post Q4 results or wait? Here's what the chart say

The stock has declined more than 50 per cent from its 52-week high touched in December 2021; Charts indicate the best way to approach the stock is to stay on the sidelines for now.

Gas stocks in focus: Trading strategies for Gujarat Gas, MGL, Adani Total

The outlook for Natural gas stocks looks good. However, these stocks need to cross and sustain above the key levels for renewed buying interest.

Vinay Rajani recommends selling Vedanta, DLF; expects further fall in Nifty

The technical analyst from HDFC Securities sees the next major support for the Nifty at 15,700-level.

Charts indicate up to 15% fall in select metal stocks from current levels

The metal index on the NSE has tumbled 14 per cent so far from its historic peak and continues to drift lower

Chart check: Here's why Mehul Kothari recommends buying Axis Bank, TCS

According to the technical analyst from Anand Rathi, one can accumulate Axis Bank in the range of Rs 663 - 657 with a stop at Rs 630.

MCX Gold likely to consolidate; Silver futures trade with a negative bias

The MCX Silver July futures are currently trading below all its key moving averages; similarly, MCX Gold futures need to break above Rs 51,870 for further up move to emerge.

F&O Strategy: Nandish Shah recommends a Bull spread on Infosys

The derivative analyst from HDFC Securities recommends buying Infy 1,600 Call and simultaneously selling 1,640 Call for the May expiry.

Should you dump rate sensitive stocks post the RBI's surprise rate hike?

Real estate and automobiles, which were showing signs of a nascent recovery, will bear the brunt of higher interest rates

Tata Steel tech chart now similar to 2007; big crash coming or time to buy?

In 2007, Tata Steel skyrocketed from Rs 100 to Rs 700 in less than four years; Similarly, since 2020 the stock price grew seven-fold to a high of Rs 1,534.50.

MCX Crude Oil futures seem range-bound; Bias positive for Natural Gas

The MCX Natural Gas May futures are likely to trade with a bullish bias in May as long as the commodity holds above Rs 576-level.

Here's why Mehul Kothari is bullish on Rupa, IndusInd Bank

According to the technical analyst from Anand Rathi, IndusInd Bank has managed to break out from its four-month consolidation range, and can now rally towards Rs 1,070.