BUSINESS
Relief rally towards 14,900 possible, these 3 stocks can give 13-20% return in short term
Any decisive trading above 15,050 on the Nifty will conclude the current correction leg and the new up wave will start.
BUSINESS
Principle of Polarity suggests buying opportunity in Britannia Industries: Shabbir Kayyumi
We recommend buying Britannia Industries around Rs 3,375 with a stop loss of Rs 3,200 for higher targets of Rs 4,000.
BUSINESS
Nifty must move above 15,270 for next leg of upside, here are 3 buy ideas for short term
A descending trend line connecting 15,430 and 15,270 levels needs to be breached to confirm the new impulse wave upside. Any decisive move below 14,750 will be an early sign of continuation of the correction that can push the index towards 14,300.
BUSINESS
Nifty can fall to 14,200-14,300, buy these 3 stocks for up to 27% return
The Benchmark index has seen 5 DMA and 10 DMA bearish crossover formations which are supportive for the continuation of bearish price movement further.
BUSINESS
HPCL: Strong bullish breakout seen above Rs 230-235 levels; 89-SMA suggests buying opportunity
We recommend buying Hindustan Petroleum Corporation around Rs 240 with a stop loss of Rs 205.
BUSINESS
Triple EMA crossover suggests buying opportunity in Marico: Shabbir Kayyumi
Buy Marico at around Rs 420 with a stop loss of Rs 405 on a closing basis for a higher target of Rs 460.
BUSINESS
As Nifty heads to 15,500, these 3 stock can give 11-16% return in short term
The Nifty has crucial support at 14,500-14,700, while the trend reversal and the stop-loss level for the positional traders is 14,500.
BUSINESS
Hidden divergence setup suggests buying opportunity in BPCL
The entire bullish view negates on a breach of the immediate support zone and in the case of BPCL, we will consider Rs 355 as a stop loss level.
BUSINESS
'Be cautious if Nifty trades below 20-DMA; bet on these 3 stocks for up to 15% return'
Nifty has formed outside bar formation on the weekly chart and traded in the zone of 14,300-14,750 during the last few days.
BUSINESS
RSI pullback buy setup suggests buying opportunity in ONGC
Entire bullish view negates on breaching of a crucial support and one should exit from long position in ONGC.
BUSINESS
Correction likely in short term but mid-term trend still in favour of bulls; these 3 stocks can return 10-25%
Overall Nifty is trading with bullish bias and it has a potential to trade towards 15,000 unless it gives closing below its 5-week SMA and last week's low standing around 14,350.
BUSINESS
Moving Average Crossover signal suggests buying opportunity in BHEL
At the same time the stock is trading above both moving averages which denote that prices are moving with a bullish bias in mid-term as well as in long-term.
BUSINESS
'Andrew Pitchfork breakout signal suggests buying opportunity in PVR'
Looking at the lead indicator setup, buy PVR only above the Rs 1,500-mark for higher targets.
BUSINESS
'Nifty has potential to hit 14,800 mark, buy these 3 stocks for 10% return'
Rising trend lines plotted using earlier swing highs are showing resistance near 14,600-14,800 zone.
BUSINESS
Aroon indicator suggests buying opportunity in Indian Bank
We recommend buying Indian Bank around Rs 88 levels with a stop loss of Rs 75 for higher targets of Rs 107.
BUSINESS
'Maintain buy on dips strategy, bet on these 3 stocks for 23-50% return'
The majority of the oscillator indicators are placed in overbought zones suggesting some minor correction in the coming days.
BUSINESS
Commodity Channel Index suggests buying opportunity in Reliance Industries
Whenever the price candle is near the resistance line standing at around Rs 2,170, a systematic method of booking profits can be used.
BUSINESS
'Continue with buy on dip strategy, these 3 picks could return 10-20% in short term'
Early signs of trend reversal will come on a close below the previous two day's low standing around 13,400.
BUSINESS
Pull-back buy set up of trend line suggests buying opportunity in Punjab National bank
One can consider profit booking in PNB near Rs 50 and higher side towards Rs 57 mark.
BUSINESS
Nifty has potential to rally towards 14,100, buy these 3 picks for up to 30% return
Although the majority of the oscillators & indicators are placed in overbought zones, but early signs of a trend reversal will come only on a close below 5-day SMA (LOW) standing around 13,550 mark.
BUSINESS
Small correction in Nifty possible, Abbott India, Federal Bank & ITC can return 12-15%
The Nifty is trading above the ascending trend line plotted by connecting 11625 and 12430 points, a small correction, taking the clue from divergence & overbought oscillators, cannot be ruled out.
BUSINESS
RSI pull back buy set up suggests buying opportunity in CDSL
RSI PBB is pull back buy setup which indicates, once RSI turns its tail upside after taking support from zone of 45-55 levels, target is previous swing high of RSI which was 85 or previous swing high of prices.
BUSINESS
12,980-13,000 crucial support for Nifty; these 3 stocks could give 12-25% return: Shabbir Kayyumi
Though markets are trading with bullish bias one can stay alert near PRZ placed around 13,400-13,500 marks whereas crucial supports are standing around 12,980-13,000 levels for the coming week.
BUSINESS
Rectangle pattern breakout suggests buying opportunity in IRCTC: Shabbir Kayyumi
A rectangle is a chart pattern formed when price is bound by parallel support and resistance levels. This pattern is where supply and demand are in approximate balance for an extended period of time.
