Infosys and TCS are waiting for their respective range breakouts
In the last several years, the stock has crossed Rs 480 for about five times during intra-day but could never close above the level
The target level is usually the difference between the low of the rounding bottom and the price where the actual breakout happened.
The RSI has indicated a trend reversal from the oversold zone for IGL and signaled a buy coupled with good volume participation
A technical outlook on Indian oil marketing companies (OMCs) amid US-Iran tensions
UltraTech Cement has recently surpassed the hurdle of multiple moving averages on the daily chart and is likely to witness fresh momentum
A look at what technical charts indicate for these stocks.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Moving averages and technical patterns suggest that the upside momentum in Tata Group stocks is likely to stay high despite the recent developments
Power Grid is continuously trading above 200-weekly moving average (WMA) since June 2014.
Golden Cross is defined as an indicator of a major rally. It is essentially a crossover of short-term moving average with the long-term moving average.
Ashok Leyland has been rebounding for the past five months and is now trading on the verge of fresh breakout from the consolidation range
Formation of "Higher High, Higher low" in Adani Green may indicate further upside towards Rs 190 levels in the coming year
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Gaps are areas on a technical chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
While the other IT counters are witnessing volatile swings or reeling under pressure, Tech Mahindra is comfortably holding above the support zone of multiple moving averages on the daily chart
Axis Bank may see huge buying momentum after a strong close above Rs 760. On a bigger scale, the stock has managed to hold around 200-days moving average (DMA) and has not shown any major breakdown
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor