BUSINESS
Derivative watchlist: Key F&O Stocks to monitor today
The technical charts indicate a bullish setup in the GMR Infra, Dabur India, and Dalmia Bharat counters.
BUSINESS
Nifty IT index set for a breakout, HCL Tech, TCS, Infosys on analyst hotlists
The Nifty IT Monthly Chart indicates that the recent decline found support at the long-term rising trendline. Seasonal data points to November as a good month, and December as the best, making it opportune to accumulate the IT index during recent weakness
BUSINESS
F&O Manual | Nifty trades flat; pharma set to breakout with long build up in Auropharma, Sunpharma and Dr Reddy's
As per analysts for Nifty the 19,850-19,900 zone is a crucial resistance zone that must be surpassed for the extension of its rally towards its life high levels
BUSINESS
Bikaji Foods signals bullish momentum with horizontal trendline breakout
Bikaji Foods saw a horizontal trendline breakout on the daily scale, confirmed by robust volume. Additionally, a substantial bullish candle was formed on the breakout day, adding strength to the breakout.
BUSINESS
Cummins India bounces from support zone, charts show bullish trajectory
Cummins India stock has surged above its short and long-term moving averages. These averages have begun edging higher, signaling a bullish trend. Additionally, the daily and weekly Relative Strength Index (RSI) are also in bullish territory.
BUSINESS
F&O Manual | Nifty sustains positive momentum, can move to 19,840 on weekly expiry day
Nifty's overall Range for the day could be 19,550-19,600 on the downside and 19,810-19,840 on the upside, analysts says.
BUSINESS
F&O Manual: Exuberance in Indian equity indices; analysts maintain moderately bullish stance on Nifty
The index has successfully held above the pivotal 19400 zone, a crucial factor in maintaining the current bias and sentiment. As per analysts, once a decisive move beyond the 19650 zone is established, a clear directional shift with conviction is anticipated
BUSINESS
How to trade Bank Nifty on expiry day today
The overall trend in Bank Nifty as per analysts is likely to remain positive, contingent on its ability to sustain levels above 43750 for an upward movement towards 44250 and then 44444. On the downside, support is identified at 43500, followed by 43333 levels.
BUSINESS
F&O | Technical indicators signal sell for Dixon Technologies, buy for Concor: ICICI Securities
Dixon has underperformed the broader market and with expectations of a limited upside, it can slide towards Rs 4,900, the brokerage has said
BUSINESS
F&O | Expiry trading strategies for Fin Nifty options today
As per derivative analyst, until 19,600 is taken out with substantial OI, FINNIFTY is expected to expire within the range of 19,600 to 19,550 levels.
BUSINESS
F&O Manual | Indices face selling pressure, Nifty finds support at 19,400 points
As per analysts, aggressive writing is visible in both Call and Put ATM strikes from 19,300 to 19,500 for the coming weekly expiry. Considering a shortened trading week, a narrow range-bound move cannot be ruled out in the headline indices
BUSINESS
F&O Manual | Sideways momentum in Nifty, straddles pile up in 19,350-19,450 range
The Nifty will have to surpasses and sustains above 19,550 for a fresh rally to 19,730-19,780. Conversely, below 19,230, the index can slip to 19,160, followed by 19,110
BUSINESS
F&O Buzzer |Torrent Power displays bullish trend, analyst recommends 'buy'
Kapil Shah, a technical analyst at Emkay Global, recommends accumulating the stock in the Rs 780-765 range with a stop loss of Rs 735 on a closing basis. He expects the stock to rise to Rs 860
BUSINESS
F&O Manual | Indices trade flat, key straddle positions at Nifty 19450 levels
At 11 AM,the Sensex was down 44.47 points or 0.07 percent at 64,931.14, and the Nifty was down 14.20 points or 0.07 percent at 19,429.30
BUSINESS
Derivatives data indicates pharma set to rally, analyst suggests buying Cipla
As per technical analyst, shares of Cipla have given a breakout over the hurdle of 1230 and is prepared to scale highs of 1255 and 1275 levels in the upcoming sessions
BUSINESS
F&O expiry: Derivative strategy to trade Nifty on today's expiry
As per analysts, the overall trend is expected to be positive. Currently, it needs to maintain levels above 19,400 zones to facilitate an upward movement towards 19,550, and subsequently 19,600 zones.
BUSINESS
F&O Buzzer | Short SBI Card; technical analyst track bearish signals
The technical indicators for the SBI Card scrip suggest a bearish momentum, leading analysts to recommend shorting the stock.
BUSINESS
F&O Manual | Indices trade flat; Nifty to hold above 19,350 to reach 19,550 level
As per analysts Nifty has to hold above 19350 zones, for an up move towards 19550 then 19600 zones whereas supports are gradually shifting higher.
BUSINESS
F&O | Strategies to trade Bank Nifty on expiry day
On the technical front, the next hurdle for Nifty Banks falls at 44000 – 44200 levels, while support comes to 43200 – 43100 levels. The underlying bias continues to stay bullish as per analysts.
BUSINESS
Trent shares gain 2% on robust Q2 results: Here's what brokerages have to say
Jefferies stated "Trent is a structural story on the growing organised apparel market in India. However, expensive valuations keep us on the sideline."
MARKETS
Top Nifty gainers and losers: Dr Reddy's, Axis Bank soar; Bajaj Finance and Heromoto corp among top losers
At close, the Sensex was down 16.29 points or 0.03 percent at 64,942.40, and the Nifty was down 5.10 points or 0.03 percent at 19,406.70. About 1878 shares advanced, 1616 shares declined, and 146 shares unchanged.
BUSINESS
F&O | How to trade Finnifty options on today's expiry day
Traders could initiate call spread strategy to make modest returns with limited risk and reward. The spread suggested by Axis Securities consists of buying one lot of 19,600 strike Call option and simultaneously selling one lot of 19,800 strike call option
BUSINESS
F&O Manual | Indices trade in red; Nifty forms crucial resistance at 19,400 strike
Bank Nifty (which holds a 36 percent weightage in Nifty) has consistently shown buying demand from the 52-week EMA. After testing the 52-week EMA in each of the past three occasions post-COVID lows, Bank Nifty rallied back to highs. Thus, ICICI Securities expects banking to lead the recovery in the coming weeks.
BUSINESS
Emotions, economics, earnings: When 3 E's of equity rule the market, embrace volatility, stay invested
Chockalingam Narayanan underscores the relationship between emotions, economics, and earnings in equity markets. Investors must embrace volatility, focus on long-term wealth creation, and remain invested to navigate market fluctuations effectively.
