The level of 11,000 might act as support
Wipro's stock has provided breakout from a symmetrical triangle formation on the daily chart with higher than average volumes
TVS Motor's stock has failed to surpass the resistance zone of the long-term moving average on the daily chart
One can develop his/her own remote model, which should be able to achieve over 80 per cent accuracy.
Mahindra & Mahindra's stock has provided a breakdown from a rising wedge pattern on the daily chart
For Tata Steel, keep a stop at 380 and go short
Indications are in the favor of marginal consolidation followed by steady rebound ahead for Marico
Marico has currently given a decent bounce with a positive bias and the RSI is also showing a trend reversal with a buy signal
Nifty view and stock recommendations by Vaishali Parekh of Prabhudas Lilladher
For Titan's stock, keep a stop at 1,165 and go short. Add to the position between 1,140-1,145. Book profits at 1,135.
Nifty is able to breach the level of 11,800, it will lead to sell-off which will open the risk of correction up to 11,650
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
As regards Biocon, the stock has provided a breakout from the inverse head and shoulders pattern with an increase in volume. There is a buy crossover in its oscillators as well
Here are the technical recommendations by Vinay Rajani, Technical & Derivatives Analyst, HDFC Securities.
Stock recommendation by Jay Anand Thakkar,CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Nifty view and stock recommendations by Vaishali Parekh of Prabhudas Lilladher
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.