The derivative analyst from HDFC Securities recommends buying November 1020 strike Put based on the following four rationales
Food and food-related players are expected to jump up to 15 per cent in coming days
However, the technical analyst from Religare Broking recommends to short sell Hindalco November futures
All the major cement stocks are gearing up for next upside, check the near term support and likely targets here
According to the technical analyst from Anand Rathi, Dabur has seen some strong resurgence from its 200-DEMA in the recent period
Tata Communications has broken the 200-day moving average (DMA) suggesting weakness in the coming days.
Both the stocks seem to have bottomed out and select indicators on the charts have turned favourable for these stocks, says the technical analyst from Prabhudas Lilladher
Shares of Arvind Limited have formed a "Golden Cross" symbolizing a positive outlook for the upcoming sessions, according to the daily chart
According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks
The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes
The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the mentioned range
According to the technical analyst from Anand Rathi, TATAMTRDVR is strongly poised to surge higher in the near future as the technical chart construes sturdy formation post its gap-up setup
The current chart pattern signals a weak trend and market participants are likely to stay on the sidelines to see whether the stock honours the respective support levels
Among stocks, the technical analyst from HDFC Securities recommends buying M&M Finance and Indian Bank
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the given range
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
The BSE index declined 5.3 per cent from its recent peak of 62,245 to a low of 59,105 in intra-day trades on Friday
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels