Page 23 - Market Technicals

BSE, CDSL, MCX: Exchange-related shares poised for 14% upside, charts show

BSE stock is decisively claiming new all-time high; CDSL broke out of Double-Bottom formation, while IEX has witnessed an Inverse head and shoulder breakout.

Indigo, SpiceJet can jump up to 8% as intl flights resume, reveal charts

Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability.

Positional trend on Nifty is bearish, resistance at 16,200: HDFC Securities

It would be advisable to trade longs with trailing stop loss. Support for the index is seen at 15,800.

Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally

With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.

Sensex may slide to 50,000; Nifty may dip below 15,000, tech charts suggest

Similarly, the Bank Nifty may shed another 7 per cent to 30,500-31,000 levels.

Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs

ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.

War fallout! M&M, TaMo, Ashok Leyland can fall up to 12% on chip shortage

The Nifty Auto index has broken key support levels, and looks weak on the weekly charts indicating a downside of 5 per cent.

Mehul Kothari suggests buying Wipro, Hindustan Petroleum; Here's why

Mehul Kothari of Anand Rathi recommends accumulating Wipro as it nears 560-570-mark

Nandish Shah recommends a Bull spread strategy on Chambal Fertilisers

The derivative analyst from HDFC Securities recommends buying CHAMBAL FERT March 400 CALL at Rs 13.50 & simultaneously selling 420 CALL at Rs 7.50.

Bulls favour Adani Group despite mkt weakness; stocks can rally up to 17%

Adani group stocks have been in limelight post the stupendous listing of Adani Wilmar four days ago.

Media stocks buzz after NDTV's Q3 nos; Tv18, Saregama can rally up to 25%

Dish Tv too has bounced back from its major support level and can gain up to 8 per cent. Nazara Technologies, however, looks weak.

RBI Policy impact: Nifty PSU Bank index, SBI can rally up to 12%; BoB 17%

The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.

Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside

The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.

Chart Check: Ambuja, India Cements range-bound; UltraTech can gain up to 8%

Ambuja Cements, The Ramco Cements look weak on charts, while UltraTech Cement seems the best bet in the sector.

SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos

Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high

Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%

The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.

LT, Siemens, UltraTech: 5 infra-related stocks to bet on post Budget

Infra related stocks can easily see a jump of 10 per cent in quick time

NTPC, IRCTC, Coal India: How to trade PSU stocks ahead of Budget 2022?

With the exception of SAIL, other PSU stocks could breakout upon any positive news in the sector

Testing time for RIL; will the stock manage to hold its one-year support?

The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.

Axis Bank, Bajaj Auto: Nearly 45% of Nifty500 stocks trading below 200-DMA

Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.