Page 18 - Stock Calls

Nifty outlook & stock calls by Anand Rathi: Sell Siemens, Buy Cummins India

The stock of Siemens is making a lower high and lower low formation on the daily chart and it has breached its short term 21 DMA which is currently placed near 1,075 levels

9,500 to act as strong support for Nifty, says Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on higher strikes ranging from 9,400 to 9,700 is seen which shows Nifty might witness support in subzone of 9,500.

Technical calls by Nilesh Jain of Anand Rathi: Sell Adani Ports, Buy IGL

The stock of IGL has formed a morning star candlestick chart pattern on the daily scale which is considered as a trend reversal pattern.

Nifty view & stock picks by CapitalVia: Buy Federal Bk, Jubilant FoodWorks

Nifty managed to close above 10,000 ahead of weekly expiry and is likely to expire above this important level.

Nifty outlook and stock pick by HDFC Sec: Buy Dr Reddy's Labs, L&T Infotech

Looking at the strong setup on the medium term charts, it would be advisable to buy Nifty around 9,900, for the upside target of 10,300.

Nifty view & stock calls by Anand Rathi: Buy Infosys, ICICI Prudential Life

The stock of Infosys is making a higher top and higher bottom pattern on the daily chart and reclaimed its long term moving average of 200-DMA which is placed at 708 levels

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of SBI has bottomed out near 145 levels and gave a decent bounce to improve the bias and is currently in a rising trend.

Nifty likely to face stiff resistance at 10,300: Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on higher strikes ranging from 9,800 to 10,100 is seen which shows Nifty might witness support in subzone of 10,000

Nifty view & stock calls by Anand Rathi: Buy Bharti Airtel, Cadila Health

The stock of Bharti Airtel is making a higher top and higher bottom pattern on the daily chart and has formed a Doji candlestick pattern which hints of a trend reversal

Stock picks by Angel Broking: Buy Vinati Organics, Kajaria Ceramics

The level of 9,450 followed by 9,380 would now be seen as a sacrosanct support for Nifty

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HUL has maintained a strong base near 1970-1980 levels and has picked up momentum improving the bias

Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

Nifty view and stock picks by HDFC Securities: Buy JK Cement, Dixon Tech

The stock of JK Cement has given bullish "Flag" pattern breakout on the daily charts

Banking counters holding Nifty back: Sameet Chavan of Angel Broking

From the high touched on April 30, the Nifty has not even retraced 50 per cent but the Bank Nifty has corrected slightly over 78 per cent.

Major resistance for Nifty is placed at around 9,300 levels: Nilesh Jain

The momentum indicator RSI is making a lower top and lower bottom formation which shows that Nifty is losing the strength

Nifty outlook and stock picks by Sameet Chavan of Angel Broking

Till the time we are holding 9,000, the bulls should remain hopeful.

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of Reliance Industries has corrected from the peak of Rs 1,600 and is currently showing signs of reversal bottoming our near Rs 1,415 levels

Stock picks by Nilesh Jain of Anand Rathi: Buy Godrej Industries, Marico

Marico's stock has provided breakout from a cup and handle pattern on the daily chart

Nifty may face stiff resistance at 9,500 level: Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on lower strikes ranging from 9,200 to 9,400 is seen which shows Nifty would witness firm support in sub 9,200 zone

Nifty view & stock picks by HDFC Sec: Buy Bharti Airtel, Deepak Fertilisers

There are good chances that Nifty might extend the pullback towards 9,440-9,500 odd levels. However, it looking at the overall setup, strategy should be to sell on rallies