The Nifty Realty index can rally towards 525-level.
Concor has indicated a double bottomed pattern on the daily chart and seems well placed to rise further, says the technical analyst from Prabhudas Lilladher
Major sugar stocks are ready to claim new bullish territory
Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.
Market participants say there will be volatility in the equity markets, and one should continue to invest in a disciplined manner
Stocks like Asian Paints, Astral, Balrampur Chini, Birlasoft, Carborundum Universal, eClerx, Infosys, Max Healthcare, Tube Investments and Torrent Pharma and others are trading at life-time highs
The major IT stocks like Infosys, LTI, Coforge continue to absorb selling pressure at the counters
Laurus Labs Ltd, Endurance Technologies Ltd may surge over 30 per cent whereas small cap stocks like Avanti Feeds Ltd, BASF India and Rain Industries could jump up to 40 per cent from current levels
Vodafone Idea can jump up to 40% from current levels, while Bharti Airtel may see a 6 per cent rise.
These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks
Unless there is not a volume-based selling, these stocks could jump as high as 27% in no time.
The technical analyst from HDFC Securities expects CDSL and Polycab to perform well
The metal index is on the verge of breakout, if crosses 5,800 mark, another 6 per cent jump is very certain.
when the overall market translates form a negative sentiment to a positive outlook, the consolidating stocks are expected to robustly breakout on the upside
The technical & derivative analyst from HDFC Securities recommends buying SAIL and and Hindalco
Stocks bearing breakout on moving averages, price strength and technical indicators are ready to see steady upside of up to 9 per cent
According to the technical analyst from Anand Rathi, Britannia is hovering near its 200 DSMA support which also coincides with the ICHIMOKU cloud on the weekly scale, thus the downside seems marginal
The derivative analyst from HDFC Securities recommends buying December 400 Call and selling 430 Call based on the following four rationales.