Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts
According to the technical analyst, traders must adopt 'sell-on-rise' strategy for Nifty Pharma, Nifty Energy, and Nifty Midcap 100 indices
According to the technical analyst, the Nifty FMCG index presents a promising opportunity for traders to capitalise on the current bullish trend
Altogether 10 out of 20 stocks in Nifty PSE index are flashing breakout structures that reflect medium-term bullishness.
According to technical analyst, the Nifty Private Bank index exhibits a bullish trend in the near term, but traders must exercise caution and wait for decisive breakout before taking any new position
Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts
Auto index trades with a sluggish bias, may lose grip if falls below its 200-DMA
According to the technical analyst, the Nifty Consumption index is likely to witness a pullback, and the support range of 7,036 - 6,980 is likely to provide a base for a technical bounce
if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally towards 42,000 level,
The technical analyst also expects a pullback in the Nifty Pharma index.
Hindustan Copper and Vedanta may fall up to 19 per cent due to their weak chart structures.
According to the technical analyst, charts suggest bullish trend for Nifty FMCG index, while bearish for Nifty Metal index
Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.
According to the technical analyst from Anand Rathi, shares of Hindustan Aeronautics can bounce back to Rs 2,700, while DLF can jump to Rs 370.
According to the technical analyst, Nifty Private Bank exhibited a bullish pattern, supported by technical indicators, indicating a positive outlook for traders in the short term
The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart
According to the technical analyst, traders must remain cautious while trading Nifty50, in order to maximise gains and minimise losses
Death Cross on the Zee Entertainment may push stock in the bear grip
According to the technical analyst, traders must adopt 'buy-on-dips' strategy for Nifty Energy, Nifty Commodities, and Nifty MidCap 50 indices
In the interim, the 200-WMA at 16,975 could be another key level to watch out for, as the Nifty had bounced back from there during the correction in the first half of 2022.