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.
Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher
Mehul Kothari of Anand Rathi is bullish on Rain Industries and Route Mobile.
Logistics stocks have been showing strength on the medium term charts, according to Vinay Rajani of HDFC Securities.
Mehul Kothari of Anand Rathi is bullish on Brigade Enterprises and Laxmi Organic Industries
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
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
However, the technical analyst from Religare Broking recommends to short sell Hindalco November futures
Shares of Arvind Limited have formed a "Golden Cross" symbolizing a positive outlook for the upcoming sessions, according to the daily chart
According to the technical analyst from Anand Rathi, TATAMTRDVR is strongly poised to surge higher in the near future as the technical chart construes sturdy formation post its gap-up setup
According to the technical analyst from Anand Rathi, after Monday's movement ICICI Bank also looks good on chart for an upside target of Rs 840
The technical analyst from Prabhudas Lilladher finds both these stock attractive on the charts
CUMMINS INDIA is trading in a rising channel and is currently placed near the lower band of the channel signalling a near-term resurgence
We're seeing noticeable traction in the auto space and Hero Moto is also finally resuming the uptrend, Mishra said
FSL is in a secular bull run and is placed above all its major exponential moving averages on the daily time frame
Considering the recent market behaviour, it is pretty clear that the bulls are not willing to loosen their firm grip so easily
The technical analyst from HDFC Securities also explains why he is bullish on BPCL, SBI Life
While Aarti Industries and Sun Pharma have been consolidating in a range and awaiting a breakout, Bajaj Auto seems to have given a breakout, says the technical analyst from Religare Broking
Reliance weekly charts indicate a price target of Rs 2,900, with bias to remain positive as long as the stock trades above Rs 2,500