According to the analyst from Anand Rathi, SBI has not seen any meaningful correction, and the stock now hovers near the multiple tops zone.
The technical analyst also recommends to hold Nifty longs with a stop at 16,300; on the upside, he expects resistance for the NSE benchmark around 16,800.
According to the analyst from Anand Rathi, GMDC can rally to Rs 168 on the upside, while NMDC can jump to Rs 114.
Shares of HDFC AMC had rallied significantly post its debut in July 2018. However, after hitting a peak at Rs 3,681 in November 2019, the stock has since then declined over 50 per cent.
According to the technical analyst from Anand Rathi, Cummins India can rally to Rs 1,400 on the upside, while Wipro can target Rs 450.
The technical analyst also recommends to hold Nifty longs with a stop at 16,100; on the upside, he expects resistance for the NSE benchmark around 16,520 and 16,794.
According to the technical analyst from Anand Rathi, TCS can target Rs 3,200 on the upside, while L&T Technology Services can rally to Rs 3,450.
According to the technical analyst from Anand Rathi, Hindustan Petroleum can be bought near Rs 237, while Whirlpool of India should be bought above Rs 1,680.
According to the technical analyst from Anand Rathi, India Cements can be bought closer to Rs 155 and 3M India should be bought near Rs 21,800.
The technical analyst from HDFC Securities recommends buying Axis Bank 640 Call and simultaneously selling 650 Call for the July expiry.
The technical analyst from HDFC Securities recommends going long on the Nifty with a stop at 15,500.
ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest
According to the technical analyst from Anand Rathi, ITC can rally to Rs 285.
The technical analyst sees Nifty support moving higher to 15,400, and resistances for the NSE benchmark at 15,750, 15,883 and 16,150.
The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.
According to Mehul Kothari of Anand Rathi, traders can buy Avenue Supermarts near the 4,150-mark with a stop loss of 3,950 for upside target of 4,550 in 3-5 weeks.
According to Vinay Rajani of HDFC Securities, metal as a sector has been outperforming for a while and technical setup of the metal index is much stronger than Nifty.
According to Mehul Kothari of Anand Rathi, traders can accumulate V-Guard Industries share in the range of 222 - 218 with a stop loss of 210 for an upside target of 236 in coming 1 - 2 weeks.
According to Nandish Shah of HDFC Securities, primary trend is bullish as the stock price is trading above all important short and medium term moving averages.
According to Nandish Shah, the short term trend is bullish as the stock price is closed above all important short- term moving averages.