Page 8 - Nifty Outlook

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

Hold Nifty longs with stoploss at 15,200: Vinay Rajani of HDFC Securities

Short-term resistance for the Nifty is seen at 15,470-odd levels

Stock picks by Sameet Chavan: Buy Muthoot Finance, sell Bharti Airtel

With last week's smart rally, the daily chart now exhibits a 'Range Breakout' in Muthoot Finance

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

We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber

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

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

SBI Cards, Syngene International: Two stocks that Gaurav Garg is bullish on

The stock of Syngene International is also sustaining above its important moving averages

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

Immediate resistance for the Nifty is seen at 14,890

Nifty needs to hold 14,100 to remain in uptrend: Gaurav Garg of CapitalVia

We can witness profit booking only if Nifty breaks level of 14,000. Therefore, traders should try to create long position keeping close eye on 14,000

Immediate target for Nifty is at 14,310: Vinay Rajani of HDFC Securities

Support for the Nifty index has shifted to 13,950 levels

Nifty eyeing 14,200; broader markets to outrun benchmarks: Sameet Chavan

The real action lies in the broader markets which may continue to provide better trading opportunities

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year

Pullback rally may not last; stay cautious at higher levels: HDFC Sec

The recent recovery seems more like a dead cat bounce which could last for some more time but it would be advisable to remain cautious at higher levels. Nifty has got strong resistance at 13,600

Nifty is trading in highly overbought zone, avoid fresh long: Sameet Chavan

13,650 is the immediate support which, if breached, could result in some profit booking and drag the index towards 13,500-13,470

Nifty view & stock picks by Vinay Rajani of HDFC Sec: Buy STFC, JSW Steel

Nifty50 has been finding support at its 8-day EMA, which is currently placed at 13,438

Nifty outlook & stock picks by Gaurav Garg: Buy Quess Corp, City Union Bank

Traders should try to create a long position keeping a close eye on 13,400

A fall below 13,400 may push Nifty towards 12,900, says Sameet Chavan

With a broader view, 14,000 and beyond levels are very much possible, but for the time being 13,500 - 13,600 are the extreme levels as per few key Fibonacci ratios

Immediate Nifty target at 13,590: Vinay Rajani of HDFC Securities

As far as support is concerned, 13,145 is a crucial level to watch out for

Nifty outlook and stock picks by Gaurav Garg: Buy Mindtree, CESC

We can witness short-covering move along with addition of fresh position only if Nifty breaches 13.200

Nifty needs to close below 12,790 to negate bullish set-up: HDFC Securities

Midcaps are likely to continue their outperformance for the coming days