Page 38 - Market Technicals

Top trading ideas by Anand Rathi Shares: Buy Bandhan Bank, HCL Tech

At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

Hindustan Unilever has shown signs of picking up momentum, thus improving the bias, and has the potential for an upside from hereon

Bull Spread strategy on Dr Reddy's Labs by Nandish Shah of HDFC Securities

The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes

Top trading ideas by Anand Rathi Shares: Buy LIC Housing Finance, HDFC Life

In the past couple of sessions, the stock of LIC Housing Finance has consolidated near the previous high, indicating strong hands accumulating the counter at higher levels

Nifty outlook & stock picks by Gaurav Garg: Buy HDFC, Datamatics Global

We can witness short-covering move along with addition of fresh position only if Nifty breaches 15,250

Tata Chem, Alkyl Amines: These chemical stocks may rally another 25%

With the Tata Chemicals' stock continuously witnessing buying momentum in the overbought condition of Relative Strength Index (RSI), the strength remains intact

Short-term trend in Nifty bearish, stay stock-specific: Vinay Rajani

The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue

Trading tips by Ajit Mishra of Religare Broking: Buy Colgate, Tata Motors

Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month

All you wanted to know about moving averages in stock market trading

Whenever the stock price shows a reversal near the major moving averages, the turnaround is expected to be sharp, and the volumes tend to increase

Shipping Corporation, BPCL, NFL: Trading strategies for news-driven stocks

With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels

Sun Pharma, ITC: Bet on these 5 defensive stocks to ride market volatility

With a strong up move on March 1, 2021, the stock of Sun Pharmaceuticals now needs to cross the resistance of Rs 620 mark to see a breakout rally towards Rs 640 and Rs 655 levels

Nifty outlook and stock picks by Sameet Chavan: Buy NTPC, Sell ICICI Bank

The PSU stocks are on a roll since the last couple of months and the way they are shaped up, they appear to perform well throughout this year

Will Friday's gap-down lead to more losses for Sensex, Nifty going ahead?

The 'Island Reversal' pattern formed by Sensex, Nifty, and Nifty PSU Bank index usually indicates a strong reversal in trend

Trading tips by Ajit Mishra of Religare Broking: Buy HPCL, Petronet NLG

Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames

Traders can lighten long positions in 15,000-15,100 zone: Vinay Rajani

Support for the Nifty is seen at 14,336 odd levels, where 50 days EMA is placed

Tata Steel, Vedanta: Rally in metal stocks may just have begun, charts show

The Nifty Metal index is struggling to sustain above the 3,600 mark. However, once breached decisively, an up move towards 4,000 levels can not be ruled out.

Chart check: Will the O2C biz spin-off trigger a fresh rally in RIL stock?

A breakout above Rs 2,100 in RIL's counter may see a rally towards 2,400

Nifty outlook and stock picks by Sameet Chavan: Buy Petronet, sell UBL

In the last couple of sessions, Petronet's stock prices witnessed a good traction and, importantly, it's backed by the more than average daily volumes

Bull Spread Strategy on Indian Oil Corp by Nandish Shah of HDFC Securities

The stock price of IOC has broken out on the daily chart (Adjusted for dividend) where it closed at highest level since March 2020 with higher volumes

ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show

Technical indicators suggest further upside in the S&P BSE Oil and Gas index towards 15,800 to 16,000 levels.