Page 11 - Stocks Technical Analysis
Mehul Kothari recommends Buy on CAMS, Pfizer; Check Why
According to the technical analyst from Anand Rathi, CAMS can rally to Rs 2,700, while Pfizer can be bought for a target of Rs 4,700.
 "Mehul Kothari recommends Buy on CAMS, Pfizer; Check Why")
Ahead of rights issue, charts hint steady gains for Suzlon; 200-DMA is key
There is a bullish formation of a "Higher High, Higher Low" pattern on the daily chart, and only if the stock breaks the 200-DMA the trend could turn negative.
 "Ahead of rights issue, charts hint steady gains for Suzlon; 200-DMA is key")
Vedanta, JSW can soar up to 18% as Nifty Metal eyes 'Golden Cross' breakout
The Nifty Metal index can rally up to 11 per cent following the breakout. Among individual stocks, Tata Steel needs to conquer its 200-DMA to gain strength.
 "Vedanta, JSW can soar up to 18% as Nifty Metal eyes 'Golden Cross' breakout")
Brickwork impact: Charts favour Icra; CRISIL, CARE Ratings test key levels
ICRA and CRISIL have gained up to 22 per cent so far this year, while Care Ratings has been a underperformer, down 14 per cent.
 "Brickwork impact: Charts favour Icra; CRISIL, CARE Ratings test key levels")
Mehul Kothari recommends these 2 stocks on 'Symmetrical Triangle' breakout
According to the technical analyst from Anand Rathi, Godfreh Phillips can jump to Rs 1,320, while Zydus Wellness can be bought for a target of Rs 1,860.
 "Mehul Kothari recommends these 2 stocks on 'Symmetrical Triangle' breakout")
Derivatives analyst Nandish Shah recommends bull spread strategy on L&T
The analyst from HDFC Securities recommends buying 1920 Larsen & Toubro October Call and selling 1960 Call of the same series.
 "Derivatives analyst Nandish Shah recommends bull spread strategy on L&T")
Manyavar, Cipla: 11 stocks that could hold ground even if market corrects
Amid the recent market fall,11 stocks hit record highs. Whenever any stock exhibits reluctantance to weaken despite a pessimistic bias, it means the underlying trend possesses a robust momentum.
 "Manyavar, Cipla: 11 stocks that could hold ground even if market corrects")
Vinay Rajani of HDFC Securities expects markets to remain bullish for now
Among individual stocks, the technical analyst recommends buying JK Tyre and J.B.Chemicals & Pharma.
 "Vinay Rajani of HDFC Securities expects markets to remain bullish for now")
Nifty Pharma index surpasses 200-DMA; Cipla, Granules can soar up to 15%
The Pharma benchmark has outperformed the overall market in recent trading sessions; sustenance above 200-DMA is likely to trigger further gains for it
 "Nifty Pharma index surpasses 200-DMA; Cipla, Granules can soar up to 15%")
Trading Strategies in Bandhan Bank, Eris Lifesciences by Mehul Kothari
According to the technical analyst from Anand Rathi, Bandhan Bank can be shorted for a price target of Rs 272, while Eris Lifesciences can be bought for a target of Rs 800.
 "Trading Strategies in Bandhan Bank, Eris Lifesciences by Mehul Kothari")
Post rate hike by RBI, SBI, BoB look stronger than private banks on charts
Public sector banks are well placed on charts, indicate positive upside in coming days, while Private Banks rigorously need to take off their respective hurdles.
 "Post rate hike by RBI, SBI, BoB look stronger than private banks on charts")
Derivatives analyst Nandish Shah recommends selling Axis Bank futures
The analyst from HDFC Securities recommends selling Axis Bank October contract on rise with a stop loss at Rs 745, for a downside target of Rs 705.
 "Derivatives analyst Nandish Shah recommends selling Axis Bank futures")
LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?
Sun Pharmaceutical seems set to register a new 52-week high; while Tata Motors and Torrent Pharmaceuticals are yet to take-off their respective obstacles, charts show.
 "LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?")
CGD firms: Mahanagar Gas, IGL, Adani Total may add another 16%, charts show
Shares of gas distribution companies have being in focus on expectations of rise in demand, coupled with a favourable outcome from the Kirit Parikh report.
 "CGD firms: Mahanagar Gas, IGL, Adani Total may add another 16%, charts show")
HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?
Among individual stocks, Asian Paints, EIH and Alkem Laboratories can rally up to 18 per cent each. Hindustan Unilever and Metro Brands too are poised to log smart gains, indicate charts.
 "HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?")
Here's why Mehul Kothari recommends buying Metropolis, Thyrocare Tech
According to the technical analyst from Anand Rathi, Metropolis Healthcare can rally to Rs 1,800, while Thyrocare Technologies can rise up to Rs 740.
Over half of Nifty500 stocks dip below their 200-DMA. Is the fall overdone?
The fresh sell-off on Monday pulled another 37 stocks below 200-DMA taking the total tally to 268
 "Over half of Nifty500 stocks dip below their 200-DMA. Is the fall overdone?")
Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick
Tata Chemical sees 25 per cent upside on Golden Cross breakout, while Tata Investment and Indian Hotels can surge up to 20 per cent each.
 "Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick")
Derivatives analyst Nandish Shah recommends Bull Spread on Bharat Forge
The analyst from HDFC Securities recommends buying Bharat Forge 790 Call and simultaneously selling 810 Call of the September series.
 "Derivatives analyst Nandish Shah recommends Bull Spread on Bharat Forge")
Mehul Kothari recommends Buy on JM Financial, Nazara Tech; Check Why
According to the technical analyst from Anand Rathi, JM Financial can rally to Rs 78, while Nazara Technologies can gain up to Rs 830.
