While Aarti Industries and Sun Pharma have been consolidating in a range and awaiting a breakout, Bajaj Auto seems to have given a breakout, says the technical analyst from Religare Broking
On the upside, the Nifty may face resistance in the range of 17,950-18,000, says the technical analyst from HDFC Securities
Reliance weekly charts indicate a price target of Rs 2,900, with bias to remain positive as long as the stock trades above Rs 2,500
On the daily time frame, the stock of BSE is on the verge of providing an 'Inverted Head & Shoulder' pattern breakout affirming the bullishness
Traders are advised to continue with a stock specific approach but keep booking timely profits as well
Stocks of PTC India and Indo Count can see a 10-14 per cent upside from current levels
While fundamental analysts have been sounding alarm over high valuations in the equity markets, given the sharp bull run, they continue to be bullish on Indian markets from a long-term perspective
Berger Paints is placed near its strong historical consolidation zone and is expected to surge higher from here onwards, says the technical analyst
The stock price of Alkem Laboratories has broken out on the daily chart
Zee Learn stock is anticipated to gain over 50 per cent to Rs 30 once it manages to conquer Rs 20-level with strong volumes
The technical analyst from HDFC Securities also recommends to remain long on the Nifty and BankNifty with a stop at 17,325 and 36,525, respectively.
Tata Motors DVR has re-tested the breakout zone and has seen an early sign of reversal in the last trading session, says the technical analyst from Anand Rathi
The last week's volume in SpiceJet was higher than its previous 35 weekly sessions
Sameet Chavan of Angel Broking recommends buying HPCL, and shorting Titan and Tata Steel
Mahindra & Mahindra has made a triple bottom formation on the daily chart, can target Rs 850 on the upside, says the technical analyst
The technical analyst from Anand Rathi is also bullish on SBI Cards and Jubilant Ingrevia
Torrent Power Sept futures have seen considerable long build up, with 80 per cent rise in open interest and 5 per cent rise in price.
The short-to-medium term outlook for the stock will stay highly bullish, as long as ITC defends its 200-DMA, indicates daily chart
The stock of Hindalco is attempting to close decisively above the resistance of Rs 475 with strong volume
The Religare Broking analyst also recommends buying Apollo Tyres