Page 7 - Trading Strategies

Paper stocks log historic gains in 2022, will the trend continue in 2023?

West Coast Paper Mills, JK Paper, Tamil Nadu Newsprint & Papers may see up to 25 per cent upside in 2023.

Pivot point for MCX Crude at Rs 6,300; Natural Gas Rs 441

On the downside, the MCX Crude Oil futures can re-test its recent low around Rs 5,850-level; whereas, the next support for beaten-down Natural Gas contract stands at Rs 401.

Vinay Rajani recommends to hold longs on Nifty with a stop at 18,200

Among individual stocks, the technical & derivative analyst from HDFC Securities is bullish on NLC India and Mazagon Dock.

Sensex bounces 599 pts from lows, ends 104 pts down; Nifty tops 18,350

CLOSING BELL: Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound

Worried about promoters cutting stake? Here's tech view on Dabur, TVS Motor

Prominent promoters have recently offloaded stake in companies like TVS Motor, GMM Pfaudler via block deals, few others plan to do so in the near future.

Here's why Mehul Kothari recommends to Buy Balrampur Chini, PNB

According to the technical analyst from Anand Rathi, Balrampur Chini can rally to Rs 435, while PNB is likely to hit Rs 68.

Fag-end buying lifts Sensex 468 pts, Nifty above 18,400; auto, FMCG rise

CLOSING BELL: Sectorally, the Nifty IT index was the most downbeat sector as it dipped 0.5 per cent as Accenture's Q1FY23 results rang alarm bells for Indian IT companies

UTI, HDFC AMC top bets among asset managers; charts hint up to 17% rally

The overall trend for asset management shares continues to remain bullish, say charts.

Tech check: Gold to see fresh rally only above Rs 54,400, Silver Rs 68,600

The overall bias for MCX Gold December futures is likely to remain bullish as long as the contract sustains above Rs 53,850, and Silver above Rs 65,950.

MCX can rally to Rs 1,725, CSB Bank Rs 287, says Mehul Kothari; check why

According to the technical analyst from Anand Rathi, one can consider to buy MCX Indian in the range of Rs 1,645 to Rs 1,648; while CSB Bank in Rs 264 - 266 band.

F&O Call: Nandish Shah recommends Bear Spread strategy in HAL

The derivative analyst from HDFC Securities recommends to Buy HAL 2600 Put and simultaneously Sell 2500 Put for the December expiry.

Trading strategies in IRCTC, other rail-related stocks amid stake sale buzz

IRCTC has consistently faced resistance around the Rs 800-mark; break below Rs 660 can further weaken the stock, chart indicates.

Nifty Bank index eyes 45,000-mark; BoB, Axis, YES Bank can rally up to 33%

So far in 2022, the Nifty Bank Index has soared 24 per cent, far outperforming the benchmark indices, the BSE Sensex and Nifty 50, which have gained close to 8 per cent each.

Immediate hurdle for Crude Oil seen at Rs 6,400; Natural Gas at Rs 589

On the downside, Rs 5,850 seems to be a good support for Crude Oil; Whereas Natural Gas futures have multiple supports as per the daily chart.

Nifty needs to close above 18,730 to resume rally, says Vinay Rajani

The technical & derivative analyst from HDFC Securities recommends buying NLC India and Karnataka Bank among individual stocks.

Sensex surges 403 pts; Nifty tops 18,600; PSU Bank index leaps 4%, IT 1%

CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index

Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks

The overall trend in the fertiliser space remains bullish, with stocks like Chambal Fertilizers & Chemicals, Aries Agro and National Fertilizers indicating strong upside ahead

Here's why Mehul Kothari is bullish on BPCL, Thomas Cook

According to the technical analyst from Anand Rathi, BPCL can rally to Rs 365; while Thomas Cook can jump to Rs 88.

Gold futures likely to re-test Rs 55,550; Silver on course to Rs 71,350

The bias for the remainder of December is likely to remain bullish as long as Gold futures trade above Rs 53,850. Meanwhile, near support for Silver is seen at Rs 67,500 - Rs 67,350 levels.

Bulls fancied these 5 auto ancillaries in 2022; charts hint 25% rally ahead

Since July, most of the auto ancillary stocks have geared up with a resolute strength and continue to rally smartly seeking higher ground.