Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level
Sameet Chavan of Angel Broking recommends shorting Titan and UBL as the counters look weak on the charts
The technical analyst from Prabhudas Lilladher finds both these stock attractive on the charts
The Nifty PSU Bank index has crossed major hurdle of 2,750 and is ready to surge 5 per cent
According to the technical analyst from Anand Rathi, Axis Bank is in a secular uptrend and can rally up to Rs 870
We're seeing noticeable traction in the banking pack and Federal Bank has recently witnessed a breakout from a consolidation range
To confirm short term trend reversal, Nifty needs to breach the low of 18,377 in the coming sessions
The overall market trend looks bullish; weakness, if any, may see investors buy at lower levels. Here's what technical charts indicate
CUMMINS INDIA is trading in a rising channel and is currently placed near the lower band of the channel signalling a near-term resurgence
HCL Technologies and D-Mart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level
18,000 holds key for the bulls and as long as it is defended comfortably, the bulls have no reason to worry about
The stock of Indian Bank has broken out from ascending triangle on the weekly charts
We're seeing noticeable traction in the auto space and Hero Moto is also finally resuming the uptrend, Mishra said
FSL is in a secular bull run and is placed above all its major exponential moving averages on the daily time frame
As long as the support of Rs 2,400 is defended; the negative sentiment is not going to see any exciting response from market participants. Short-term support exists at Rs 2,580 and Rs. 2,520
Considering the recent market behaviour, it is pretty clear that the bulls are not willing to loosen their firm grip so easily
The technical analyst from HDFC Securities also explains why he is bullish on BPCL, SBI Life
Out of the 100 stocks in the Nifty Mid-cap 100 index, only 12 are trading in the overbought category of Relative Strength Index
According to the technical analyst from Anand Rathi all three stocks have been consolidating and now set for a good breakout
LUPIN has corrected over 25 per cent from its 52 weeks high and is currently placed near its historical demand zone of 900 odd levels