Page 14 - Stock Calls

11,500 to act as immediate support for Nifty: Gaurav Garg of CapitalVia

As per weekly option data, huge call writing is witnessed on higher strikes ranging from 11,700 to 12,000 which shows Nifty is going to face resistance at 11800

Weekly stock picks by Religare Broking: Buy Bajaj Finance, Maruti Suzuki

The auto pack is largely trading in tandem with the benchmark and most stocks have recovered to their pre-Covid levels

Stock recommendation by Prabhudas Lilladher: Buy M&M, Motherson Sumi

The stock of Motherson Sumi has formed a decent base near 102 levels, almost making a double bottom pattern, and has currently given a spurt to indicate strength

Stock picks by Nilesh Jain of Anand Rathi: Buy Adani Gas, Aarti Industries

Adani Gas stock is on the verge of a major breakout from a symmetrical triangle formation on the daily chart

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

Banks, FMCG stocks may outperform in near-term: HDFC Securities

BankNifty index has broken out from the "Flag" pattern on the daily chart, which indicates a fresh momentum buying the Banking stocks

Weekly stock picks by Religare Broking: Buy Bharat Forge, IndusInd Bank

Among the private banking names, IndusInd Bank has been trading in a congestion zone and its chart pattern is showing the potential of a breakout in near future

Bank Nifty likely to outperform Nifty in the coming days, says Nilesh Jain

A fresh put writing at 24,000 strike indicates that put writers are shifting the base higher and we might see further upside move on the back of a short-covering rally

Stock recommendation by Prabhudas Lilladher: Buy Hindalco, Aurobindo Pharma

The RSI indicator for Hindalco Industries has recently indicated a decent rise to imply strength

Nifty outlook and stock pick by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,700 to 11,900 is witnessed which shows Nifty would face firm support in sub-11,800 zone

Stock calls by Ajit Mishra of Religare Broking: Buy Tata Chem, SBI Card

Tata Chem made an equally sharp reversal after the vertical decline in March 2020 and has made a new record high at Rs 345.90 in August

Nifty outlook and stock picks by Gaurav Garg of CapitalVia Global Research

The level of 11,000 will act as support for the Nifty as maximum put open interest (OI) is placed here

Two PSU stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of State Bank of India has taken support near 180-levels which has formed a good base and has picked up momentum to improve the bias

Stock recommendations by Nilesh Jain of Anand Rathi: Buy Nestle, Divis Lab

Nestle surpassed its short term 21-DMA and long term 200-DMA, placed at Rs 16,000 levels. The momentum indicators and oscillators are in the buy mode on the daily scales which hints of further upside

We can witness short covering if Nifty breaches 11,800: Gaurav Garg

Nifty could face firm support in sub 11,600-zone.11,600 will act as support as maximum put OI is placed here

Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities

Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels

Weekly stock picks by Religare Broking: Buy Berger Paints, HDFC Life

Berger Paints has resumed the uptrend and is currently trading at its record high. Indications are in the favor of prevailing momentum to extend upside further

Stock calls by Nilesh Jain of Anand Rathi: Buy Bharat Forge, L&T Infotech

The stock of Bharat Forge has formed a strong base and has started making a higher top and higher bottom formation on the daily chart

Here's a Bull Spread Strategy on L&T Finance by HDFC Securities

Short term trend of the stock is positive where stock price is trading above its 5 and 20-day SMA

Stock tips by Nilesh Jain of Anand Rathi: Buy Muthoot Finance, Bandhan Bank

The momentum indicators and oscillators are in the buy mode on the daily scale for Muthoot Finance