The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the mentioned range
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
The technical analyst from Religare Broking also recommends to accumulate United Spirits. Check out the range below
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
According to the technical analyst from Anand Rathi, Axis Bank is in a secular uptrend and can rally up to Rs 870
The derivative analyst from HDFC Securities recomends this strategy based on the following five rationales.
To confirm short term trend reversal, Nifty needs to breach the low of 18,377 in the coming sessions
We're seeing noticeable traction in the auto space and Hero Moto is also finally resuming the uptrend, Mishra said
The stock of Rallis India has picked up momentum with improved bias and positive bullish candle to move past the significant cluster of 200DMA and 50EMA levels
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
According to the technical analyst from Anand Rathi, LT is in a secular uptrend and currently hovering above all its major exponential moving averages on daily time frame indicating inherent strength
Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on
The technical analyst from HDFC Securities also explains why he is bullish on BPCL, SBI Life
According to the technical analyst from Anand Rathi all three stocks have been consolidating and now set for a good breakout
LUPIN has corrected over 25 per cent from its 52 weeks high and is currently placed near its historical demand zone of 900 odd levels
In the current week, the stock of DLF broke out from the crucial resistance of 350 and saw added significant gains after that
While Aarti Industries and Sun Pharma have been consolidating in a range and awaiting a breakout, Bajaj Auto seems to have given a breakout, says the technical analyst from Religare Broking
On the upside, the Nifty may face resistance in the range of 17,950-18,000, says the technical analyst from HDFC Securities
On the daily time frame, the stock of BSE is on the verge of providing an 'Inverted Head & Shoulder' pattern breakout affirming the bullishness