The Nifty has provided a sell crossover on its hourly charts and with that, the index seems to have reversed the overall trend in the short term.
Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.
Biocon has maintained a strong base near 280 levels which is a good support level and currently has indicated a positive bullish candle pattern to imply strength
The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
On January 14, Berger Paint's stock surged strongly and made a new record high, supported with a noticeable rise in volume
The RSI in Exide's chart is on the rise and looks strong with good volume pick up
In Nifty, traders are advised not to be adventurous by taking positions against the major direction
Stock calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Escorts has picked up momentum with a positive bullish candle pattern with decent improvement in the volume participation to show a positive bias and imply further strength in the coming days.
The RSI has indicated a trend reversal from the oversold zone for IGL and signaled a buy coupled with good volume participation
UltraTech Cement has recently surpassed the hurdle of multiple moving averages on the daily chart and is likely to witness fresh momentum
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
The Nifty has broken down from the symmetrical triangular pattern, which is a bearish reversal pattern
Nifty has for now shown resistance at its triple top level near 12,300 levels
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The daily, as well as weekly momentum indicators in Nifty, have provided a buy crossover
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Ashok Leyland has been rebounding for the past five months and is now trading on the verge of fresh breakout from the consolidation range
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.