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Shitij Gandhi

Senior Technical Analyst

SMC Global Securities Ltd.

Shitij Gandhi, Senior Technical Analyst at SMC Global Securities Ltd.

Hot Stocks | Here's why HCL Technologies, Wipro, Asian Paints may yield 12% return in short term

BUSINESS

Hot Stocks | Here's why HCL Technologies, Wipro, Asian Paints may yield 12% return in short term

NIfty is expected to remain volatile and likely to trade in a broader range of 16,500-17,000. The Nifty is still holding above its 200-day exponential moving average which is placed around 16,300 levels on daily charts, says Shitij Gandhi of SMC Global

Hot Stocks | 'Double-digit return likely from Greenpanel Industries, Triveni Engineering, Birlasoft in short term'

BUSINESS

Hot Stocks | 'Double-digit return likely from Greenpanel Industries, Triveni Engineering, Birlasoft in short term'

Technical indicators suggest that volatility is likely to grip market in the upcoming sessions as well. However, the Nifty has completed one leg of correction, after a steep run-up seen last week and now the index is trading near important retracement support levels at 17,200 and 17,100.

Hot Stocks | Bet on Havells, Tata Communications, Cummins India for double-digit return in short term. Here's why

BUSINESS

Hot Stocks | Bet on Havells, Tata Communications, Cummins India for double-digit return in short term. Here's why

Shitij Gandhi of SMC Global expects momentum to continue towards north in upcoming sessions as well, as still lot of short position is held with Call writers which could trigger further short covering as far Nifty holds above 17,000 mark.

Hot Stocks | Here's why you should bet on TCS, Dr Lal PathLabs, Max Healthcare Institute for short term

BUSINESS

Hot Stocks | Here's why you should bet on TCS, Dr Lal PathLabs, Max Healthcare Institute for short term

Shitij Gandhi of SMC Global Securities expects markets to remain under pressure in upcoming sessions as well and likely to trade on volatile path.

Hot Stocks | Here's why you should buy Fortis Healthcare, Escorts, Metropolis Healthcare for short term

BUSINESS

Hot Stocks | Here's why you should buy Fortis Healthcare, Escorts, Metropolis Healthcare for short term

Traders should keep stock specific action on radar, as volatility is likely to grip markets in the coming week once again.

Hot Stocks | 'Can bet on Kopran, Bharat Forge and JK Cement for double-digit return in short term'

BUSINESS

Hot Stocks | 'Can bet on Kopran, Bharat Forge and JK Cement for double-digit return in short term'

Traders should keep stock specific action on radar, as volatility is likely to grip markets in coming week.

Hot Stocks | 'Can bet on Godrej Industries, ACC, Praj Industries for double-digit return in short term'

BUSINESS

Hot Stocks | 'Can bet on Godrej Industries, ACC, Praj Industries for double-digit return in short term'

Shitij Gandhi of SMC Global Securities expects markets to consolidate at higher levels in coming sessions with bias likely to remain in favour of bulls. However traders should keep stock specific action on radar.

Hot Stocks | Double-digit returns from Minda Corporation, AU Small Finance Bank, TCI Express possible in short term, here is why

BUSINESS

Hot Stocks | Double-digit returns from Minda Corporation, AU Small Finance Bank, TCI Express possible in short term, here is why

The derivative data suggests that Nifty is likely to witness further short covering and move towards the 18,400 mark in upcoming sessions.

Hot Stocks | Here is why you should buy Siemens, Motherson Sumi and Petronet LNG

BUSINESS

Hot Stocks | Here is why you should buy Siemens, Motherson Sumi and Petronet LNG

For upcoming sessions, markets are expected to trade with a positive bias, and on higher side, now any decisive move beyond 18,050 levels could add further buying momentum into Nifty50 index, says Shitij Gandhi of SMC Global.

Hot Stocks | Supreme Petrochem, REC, Tamilnadu Petroproducts can give up to 17% return in short term

BUSINESS

Hot Stocks | Supreme Petrochem, REC, Tamilnadu Petroproducts can give up to 17% return in short term

Shitij Gandhi of SMC Global expects market to trade with bullish bias in the upcoming week as long as Nifty holds above 17,400-mark. Traders should use any dip to create fresh longs, he advises.

Hot Stocks | 'Can bet on Jay Bharat Maruti, LIC Housing Finance and Bajaj Auto for short term'

BUSINESS

Hot Stocks | 'Can bet on Jay Bharat Maruti, LIC Housing Finance and Bajaj Auto for short term'

For Nifty, 17,500-17,450 zone would act as strong support while 17,850-17,950 zone will now be strong resistance, said Shitij Gandhi of SMC Global Securities.

Hot Stocks | Amrutanjan Health Care, Godrej Properties, Indian Hotels Company can give up to 18% return in short term

BUSINESS

Hot Stocks | Amrutanjan Health Care, Godrej Properties, Indian Hotels Company can give up to 18% return in short term

The market is expected to remain volatile as the September series expiry draws near but the bias should remain in favour of bulls in the upcoming sessions, says said Shitij Gandhi of SMC Global Securities

Hot Stocks | Syngene International, Pidilite Industries, Sunteck Realty can give up to 16% return in short term

BUSINESS

Hot Stocks | Syngene International, Pidilite Industries, Sunteck Realty can give up to 16% return in short term

For Nifty, 17,250-17,200 zone would act as strong support with bias likely to remain in favour of bulls, said Shitij Gandhi of SMC Global Securities.

Hot Stocks | Shriram Transport, Canara Bank, Cholamandalam Investment can give up to 13% return in short term

BUSINESS

Hot Stocks | Shriram Transport, Canara Bank, Cholamandalam Investment can give up to 13% return in short term

Technical charts suggest that the banking index may outperform in the coming sessions as Bank Nifty has managed to close above the key resistance level of 36,400.

Hot Stocks | Britannia, SBI Life Insurance and HDFC Bank can give double-digit returns in short term

BUSINESS

Hot Stocks | Britannia, SBI Life Insurance and HDFC Bank can give double-digit returns in short term

Now, 16,800 would act as strong resistance for Nifty on the higher side while bias is likely to remain in favour of bulls in the upcoming sessions, said Shitij Gandhi of SMC Global

Hot Stocks: RIL, HDFC AMC and Aarti can give double-digit returns in short term

BUSINESS

Hot Stocks: RIL, HDFC AMC and Aarti can give double-digit returns in short term

On the technical front, 16,800 could act as strong resistance for the Nifty while bias is likely to remain in favour of bulls in the upcoming sessions as well, said Shitij Gandhi of SMC Global

Hot Stocks | TCS, M&M, Cummins India can give up to 11% return in short term

BUSINESS

Hot Stocks | TCS, M&M, Cummins India can give up to 11% return in short term

The banking index is facing a strong hurdle in the range of 36,200-36,400, above which, the index could continue its journey towards 37,000.

Hot Stocks | Bata India, L&T and HCL Technologies can give 9-15% return in short term

BUSINESS

Hot Stocks | Bata India, L&T and HCL Technologies can give 9-15% return in short term

Nifty witnessed a fresh breakout on charts after almost two months of consolidation in the range of 15,500-15,900. It crossed the 16,000-mark for the first time on August 3

Hot Stocks | 'Can bet on Bharti Airtel, Gabriel India, Hindalco Industries in short term'

BUSINESS

Hot Stocks | 'Can bet on Bharti Airtel, Gabriel India, Hindalco Industries in short term'

Secondary oscillators suggest that the market is likely to trade with a negative bias in the coming sessions as long as Nifty is trading below 15,850-15,900 levels.

Hot Stocks | Kansai Nerolac, Asian Paints, Havells can give 12-17% return in short term

BUSINESS

Hot Stocks | Kansai Nerolac, Asian Paints, Havells can give 12-17% return in short term

Secondary oscillators suggest that the market is likely to witness negative bias in the coming sessions as long as Nifty is trading below 15,800, said Shitij Gandhi of SMC Global Securities.

Hot Stocks | ICICI Bank, Federal Bank and Tata Chemicals can give double-digit returns in short term

BUSINESS

Hot Stocks | ICICI Bank, Federal Bank and Tata Chemicals can give double-digit returns in short term

For Nifty, 15,900 would act as a major hurdle in the short term, above which, the index can march towards its record high and above 16,000, said Shitij Gandhi of SMC Global Securities

Hot Stocks | IndusInd Bank, Godrej Properties, AU Small Finance Bank can give up to 21% return in short term

BUSINESS

Hot Stocks | IndusInd Bank, Godrej Properties, AU Small Finance Bank can give up to 21% return in short term

On the higher side, 16,000 and 36,000 levels will act as strong hurdles in the short-term for the Nifty and the Bank Nifty, respectively.

Hot Stocks | Here'why Alkem Laboratories, Ajanta Pharma and L&T Infotech are short-term buys

BUSINESS

Hot Stocks | Here'why Alkem Laboratories, Ajanta Pharma and L&T Infotech are short-term buys

In the upcoming sessions, any sharp gains in the market may remain capped as long as Nifty trades below 15,900, said Shitij Gandhi of SMC Global Securities

Hot Stocks | Britannia, Info Edge, Sun TV Network can give up to 13% return in short term

BUSINESS

Hot Stocks | Britannia, Info Edge, Sun TV Network can give up to 13% return in short term

The market is likely to remain in the bullish territory as long as Nifty is holding above 15,500.

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