Page 49 - Market Technicals

Charts indicate continuation of up-trend in Nifty: HDFC Securities

Nifty has broken out from the rising wedge pattern on the daily chart

Stock picks by Ajit Mishra of Religare Broking: Buy Britannia Ind, Dabur

After a sharp dip in March 2020, Britannia Industries has recovered almost vertically and made a new record high at Rs 4,010 in July 2020

Low volatility giving bulls comfort: Nilesh Jain of Anand Rathi

Nifty's momentum indicators and oscillators on the weekly scales are still in 'buy' mode

Stock calls by Angel Broking: Buy Vinati Organics, Sell Tata Steel

On Friday, NRB Bearing's stock finally witnessed a breakout from the congestion zone

Trading strategies by Nilesh Jain of Anand Rathi: Buy Deepak Nitrite, BHEL

BHEL's stock has provided a breakout from a falling wedge pattern on the daily chart

Weekly trading ideas by Religare Broking: Buy Grasim Industries, Biocon

Grasim is witnessing a breakout from the range where it has spent the last two months

VIX shows no downside risk for Nifty in short-term: Nilesh Jain

The momentum indicators and oscillators on the weekly scales are still in 'buy' mode

Sun Pharma, L&T: Stocks that Nilesh Jain of Anand Rathi is bullish on

Sun Pharma's counter has provided a fresh breakout after retesting its rising channel on the daily chart

Stay light as Nifty nearing crucial hurdles: Sameet Chavan of Angel Broking

On the downside, a move below 11,100 would lead to immediate correction towards 10,950 - 10,880 levels

Stock calls by Nilesh Jain of Anand Rathi: Buy Glenmark Pharma, Tata Elxsi

Glenmark's stock has reclaimed its short term 21-DMA

11,300 key level for Nifty ahead of F&O expiry: CapitalVia Global Research

The level of 11,000 might act as support

Hold Nifty longs with 11,050 stop-loss: Vinay Rajani of HDFC Securities

Nifty is in continuation of an uptrend

Weekly stock picks by Religare Broking: Buy Godrej Consumer, Hero MotoCorp

Godrej Consumer's stock has been trading with a corrective bias for the last three weeks

Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv

Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart

Stock picks by Sameet Chavan of Angel Broking: Buy Natco Pharma, IRB Infra

The entire pharma space has been in limelight since the coronavirus pandemic outbreak

Nifty needs to hold 11,100 for further upside: Gaurav Garg of CapitalVia

The likelihood of a short-covering move along with addition of fresh position exists only if Nifty breaches 11,200

Here's a derivative strategy on Apollo Hospitals by HDFC Securities

Apollo Hospital's stock price has broken out on the daily chart

Bata India, McDowell: Stocks that Nilesh Jain of Anand Rathi is bullish on

Bata India's stock is on the verge of a breakout from a downward sloping trend line

Nifty view and stock call by Vinay Rajani, HDFC Securities: Buy L&T, ONGC

L&T is on the verge of breaking out from the symmetrical triangle pattern on the daily charts.

Trading strategies by Religare Broking: Buy Indian Oil Corporation, Titan

TITAN has been trading within 940-1030 zone for almost one and a half months, taking a pause after a sharp rebound