Page 33 - Market Technicals

Bull Spread Strategy on Bajaj Finance by Nandish Shah of HDFC Securities

The stock price of Bajaj Finance has broken out on the daily chart by surpassing the resistance level of 5800 with higher volumes

Gold is in overbought zone, trade cautiously: Bhavik Patel of Tradebulls

Gold's next move is expected on Friday when the US Labor Department releases its non-farm payrolls report for May

Stock picks by HDFC Securities: Buy Adani Ports, Tata Communications

The Nifty has recently made higher bottoms at 14,416, 14,591, and 14,884 and continues to trade above the 20 and 50-day SMA, which gives further evidence of an uptrend

Ajit Mishra of Religare Broking likes Muthoot Fin, IGL. Time to buy & hold

IGL has been consolidating in a range for the last three months while holding firmly above the support zone of the long-term moving averages

These 5 small-cap stocks look set to rally further despite 30% jump in May

With a 20 per cent jump on June 1, 2021, the stock of PNB Housing Finance has conquered the resistance of Rs 600 levels.

Dabur, ICICI Pru: Stocks that Osho Krishan of Anand Rathi is bullish on

The 14-period RSI has seen positive crossover affirming the bullish stance in the Dabur counter from a short to medium-term perspective

HDFC & HDFC Bank, PNB & PNB Housing Fin: Strategies for 'twin' stocks

A Price-volume breakout above Rs 475 level, logged on May 31, may result in a rally towards Rs 550 and Rs 580-mark in PNB Housing Finance

Vaishali Parekh is bullish on Piramal Enterprises, Escorts. Check why

The RSI is indicating strength with a trend reversal to make the Escorts chart look attractive with potential upside scope in the coming days

Sameet Chavan of Angel Broking expects Nifty to hit 15,600 soon

On the flipside, 15,300 - 15,150 - 15,000 are to be considered as immediate supports.

Top stocks of Osho: HDFC Life, Syngene International, L&T Info. Check why

LTI has reversed its trend from the previous swing low and is currently placed well above all its major moving averages on the daily chart

Bull Spread Strategy on Axis Bank by Nandish Shah of HDFC Securities

The stock price has already broken out from the downward slopping trendline on the daily chart

These 20 small-cap stocks appear overbought on the charts. Trade cautiously

Out of these 20 counters, only 4 stocks are showing weakness in the overbought condition and can correct in the days ahead.

Nifty remains in an intermediate uptrend: Subash Gangadharan of HDFC Sec

Nifty has recently made higher bottoms at 14,416 and 14,591 and continues to trade above the 20 and 50-day SMA

Top trading ideas by Ajit Mishra: Buy Asian Paints, IDFC First Bank

The overall chart pattern of Asian Paints indicates that the prevailing momentum is likely to continue

Tata Steel, SAIL: Will metal stocks correct further? Here's what charts say

If Tata Steel's stock does not recover the gap-down range, the downside bias may drag it towards Rs 1040 levels.

Osho recommends Gujarat Gas, Tata Power. Time to buy and hold

The Tata Power stock is placed well above all the major moving averages suggesting an inherent strength

Bata India, Escorts: Trading strategies for mid-cap losers of 2021

If these stocks manage to cross their significant resistances, the upside may result in a surge of over 5 per cent

Nifty outlook & stock picks by Sameet Chavan: Buy Piramal Entp, Jamna Auto

Looking at the broad-based participation on Friday, especially the way banking space is poised, we will not be surprised to see the index heading towards record its high in the first half of this week

RIL, Maruti Suzuki: These 53 stocks from Nifty500 are trading below 200-DMA

Despite the Sensex and Nifty indices reclaiming their crucial resistances, this situation on chart indicates weakness and hints at a probability of further decline

Osho Krishan of Anand Rathi is bullish on PNB, Avenue Supermarts. Check why

DMART has recently witnessed consolidation range breakout on the back of an increase in average traded volumes indicating fresh hands accumulating the counter