Page 40 - Market Technicals

Strategies for auto stocks as Centre proposes 'green tax' on old vehicles

Union Minister for Road Transport and Highways Nitin Gadkari's proposal to levy 'green tax' on old vehicles polluting the environment nudged investors to off-load auto stocks from their portfolio

Stock calls by Nilesh Jain of Anand Rathi: Buy Pidilite, Godrej Industries

Pidilite's stock is in a secular uptrend and has formed a bullish Harami candlestick pattern on the daily chart

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HUL indicates a positive trend reversal on technical charts

Bull Spread strategy on Britannia by Nandish Shah of HDFC Securities

Short term trend of the stock has turned positive where the stock price is trading above all important short-term moving averages

Tech view: Sensex may hit 54,000 within next six months, charts show

Sensex has already rallied 94.2 per cent (till Wednesday's closing) from its March low of 25,639

Nifty needs to hold 14,500 to sustain upside: Gaurav Garg of CapitalVia

Nifty50 can witness profit booking only if it breaks level of 14,500

Lupin, Reliance Industries: Stock picks by Ajit Mishra of Religare Broking

We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors

Nifty outlook & stock picks by Vinay Rajani: Buy Ashok Leyland, Tata Steel

The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222

Stock calls by Nilesh Jain of Anand Rathi: Buy Titan, Sell Bajaj Finance

Bajaj Finance stock earlier formed a "double top" formation and, since then, has been witnessing a continuous fall

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal

SBI Cards, HCL Tech: 88 stocks from Nifty500 show strength amid volatility

Adani Enterprises, Berger Paints (I), Bharti Airtel, Eicher Motors, Grasim Industries are among the other notable names

Trading recommendations by Nilesh Jain of Anand Rathi: Buy HPCL, UPL

The stock of HPCL has witnessed a built-up of long positions with the addition of 10 per cent open interest

Here is how On Balance Volume indicator helps traders track smart money

In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend

Three stock ideas by Ajit Mishra: Buy Britannia, Muthoot Fin, Piramal Ent

Britannia has been among the top-performing FMCG counter for the last several years

Auto, PSU stocks to outperform in the short-term: Vinay Rajani of HDFC Sec

Immediate resistance for the Nifty is seen at 14,890

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

Stock picks by Nilesh Jain of Anand Rathi: Buy Hero Moto, Colgate Palmolive

The volume in Colgate Palmolive stock was higher than average on January 11 which supports the price action and we can expect the upside momentum to continue

HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested

ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200

Two trading ideas by Vaishali Parekh of Prabhudas Lilladher

Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days