Cadila Healthcare's stock has taken base near Rs 600 levels on two occasions recently, forming a good support zone
During the first half of this week, 15,750 - 15,800 are the levels to watch out for and the first of sign of strength would come only after reclaiming 15,800 on a closing basis
The stock price has already broken out on the daily chart to close at an all-time high with higher volumes
HDFC AMC is currently hovering just near its 21 and 50 DEMA and far above the long-term exponential moving average (200 DEMA), suggesting inherent strength in the counter
Any breach below 1,340-1,350 would crash Nickel's prices till 1,300
Eicher Motors' stock has been trading with a positive bias and is placed well above all its major exponential moving averages on the daily time frame
With the RSI well-placed and indicating a trend reversal to signal a buy, Tata Chemicals' stock is expected to rise further in the coming days
The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes
Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame
The traders and investors are cautious of heavy profit booking in the indices. However, there aren't any major technical signals to support this view
The trend for aluminum has shifted from 'neutral' to 'positive'
Above 15,900, Nifty could move towards 16,300 target, while any level below 15,673 could drag Nifty towards 15,500 support
IGL has witnessed a breakout from the consolidation range of Rs 500-545 levels after spending nearly four months there
Tata Coffee witnessed a consolidation breakout on the back of an increase in average trading volumes in the last trading session, suggesting a positive outlook
Recently, Cummins India's declining trend seems to have been arrested around the 750-mark, which coincided with the '89-EMA' on the daily chart
Kotak Bank stock has been moving within a tight range for quite some time and is currently taking support near the significant 200DMA level of Rs 1,737
Bank Nifty's short-term trend has turned positive as it closed above its 5- and 20-day EMA
Voltas stock is consolidating near the neckline of the Inverted Head & Shoulder pattern on the daily time frame and is expected to rebound from here onwards
In gold, fresh selling can commence below 46,800 levels while buying can commence above 47,300.
The stock price of Indian Hotels has broken out from its three-week-long consolidation