Page 10 - Stocks Technical Analysis

Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show

The Nifty PSU Bank index hit a fresh 52-week high on Friday and has gained 15 per cent so far this month. The index can rally another 4 per cent.

RIL: Bulls set eyes on Rs 3,500-mark as stock above support held since 2017

Domestic brokerage firm Prabhudas Lilladher, too, lowered its earnings outlook on RIL and trimmed the target price to Rs 2,892

PNB, BHEL, IDFC among top mid-, smallcap stocks that can rally up to 25%

Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks are preferred by market participants for trading gains.

How can trendlines help traders catch that perfect breakout?

If you have been following technical analysis in financial markets, you must have come across the word 'trendline'. But what is it? When should you plot them? How reliable they can be? Let's find out

35% of Nifty smallcaps rally up to 150% in Samvat 2078: Will they keep up?

If the Nifty small-cap index manages to leap over the 200-day moving average (DMA), this would trigger a positive sentiment in most of the small-cap stocks

Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech

Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.

Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark

According to the technical analyst from Anand Rathi, a weekly close above Rs 825, can potentially trigger a massive rally in Axis Bank up to Rs 1,000-mark.

F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech

The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series.

Diwali cheer: PC Jeweller, Kalyan Jewellers may gain up to 40%, hint charts

So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season.

Support zone for Nifty shifted higher to 17,200-17,300, says Vinay Rajani

Among individual stocks, the technical analyst from HDFC Securities recommends buying IndusInd Bank and Mahindra CIE.

Mehul Kothari recommends Arvind Fashions, CAMS as top 'Diwali' picks

According to the technical analyst from Anand Rathi, Arvind Fashions can rally to Rs 440, while CAMS can surge to Rs 3,650 within a year's time.

Realty check: Brigade, Phoenix Mills can rally up to 14%; Indiabulls weak

Among the realty pack, Indiabulls Real Estate trades in a bear grip, while Brigade and Phoenix Mills may see an upside of 14 per cent.

HDFC Bank can rally 10% if it conquers Rs 1,550-hurdle, chart indicates

The trend seems buoyant on the weekly chart with the 200-WMA, placed at Rs 1,285-level, acting as a major support for the stock.

Infosys can hit Rs 1,700, charts hint; how brokerages decode the Q2 nos

The company also announced its fourth share buyback offer worth Rs 9,300 crore, at a price of Rs 1,850 per share.

F&O Strategy: Nandish Shah recommends Bull Spread on Bata India

The derivative analyst from HDFC Securities recommends buying Bata India 1840 Call and selling 1900 Call of the October series.

Here's why Mehul Kothari recommends buying Gland Pharma, Indian Oil

According to the technical analyst from Anand Rathi, Gland Pharma can rally to Rs 2,350, while IOC can spurt to Rs 83.

Contra bets in HCL Tech and Wipro could give up to 20% gains; Here's why

If Wipro fails to defend the 200-WMA placed at Rs 378, the stock can slide to near Rs 300-mark. On the other hand, HCL Technologies seems to be on course to test Rs 1,200.

Can Bira 91 deal trigger gains for alcohol stocks? Here's what charts say

After an exciting 2021, shares of major alcohol manufacturers have been under pressure so far this year. Here's what charts suggest is in store for them

Here's why Vinay Rajani is bullish on KIMS, Pfizer; bearish on Nifty

On the broader market outlook, the technical analyst from HDFC Securities says that the indicators and oscillators have turned bearish on the short term charts for the Nifty 50.

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.