BUSINESS
Hot Stocks | Strong double-digit gains in Redington, M&M Financial Services, Dabur possible in short term. Here's why
Dabur India prices on daily timeframe are continuously hovering around the upper Bollinger Band which tells that the volatility of the prices are rising for upmove.
BUSINESS
Hot Stocks | Persistent Systems, GMR Infrastructure, UltraTech Cement can give 11-19% return in short-term; here's why
Looking at the ratio charts of Persistent against the Nifty IT index, we can spot the stock since mid-2019 has most of the time outperformed the benchmark. Persistent in the latest week has given a breakout from the double bottom pattern, indicating beginning of the trend to the upside.
BUSINESS
Hot Stocks | FACT, RCF, Kirloskar Ferrous Industries can deliver 19-31% return in short term, here's why
RCF is at 52-week high level indicating strong price momentum and room to move higher. The stock has given a multi-year breakout which points towards the beginning of a fresh trend on the upside.
BUSINESS
Hot Stocks | Bharti Airtel, Cummins India, KIMS Hospitals can fetch 16-17% return in short term. Here's why
KIMS Hospitals is in a clear higher high, higher low formation indicating bullish undertone of the prices.
BUSINESS
Hot Stocks | Britannia, Bharti Airtel, Elecon Engineering can fetch 12-28% return in short term. Here's why
Britannia Industries in the latest week has given a breakout of Inverse Head and Shoulder pattern, indicating beginning of the uptrend. The breakout is confirmed by the Higher volumes and a gap.
BUSINESS
Hot Stocks | Double-digit returns likely in ABB India, Syngene International, Craftsman Automation in short term. Here's why
Craftsman is currently trading near its record high level which tells that the stock already is in good momentum.
BUSINESS
Hot Stocks | Container Corp, Bharat Forge, Granules India can give up to 22% return in short term. Here's why
Bharat Forge, post August 2021, corrected with decreasing volumes. This tells that the stock has weak supply.
BUSINESS
Hot Stocks | RHI Magnesita, D-Link India, Indian Bank can give up to 22% return in short term, here's why
Looking at the broader picture of RHI Magnesita India, we can spot that the overall trend is on the upside. While the steepness of the trend line is rising, this tells that the underlying trend is accelerating for an upside move.
BUSINESS
Hot Stocks | Double-digit returns possible from Federal Bank, JK Paper, Borosil in short term, here's why
Borosil has started to get into Higher High, Higher Low formation which tells that the stock has shown a bounce on the upside after retesting the neckline of inverse head and shoulders pattern in October 2022 that indicates a continuation in the prior uptrend.
BUSINESS
Hot Stocks | These 3 stocks including Tata Chemicals, KPIT Technologies can give up to 23% return in short term, here's why
KPIT Technologies after giving a breakout from the rounding bottom pattern in September 2022 indicated beginning of the trend on the upside.
BUSINESS
Hot Stocks | These three stocks including Cipla, Jyothy Labs can give up to 23% return in short term
Post breakout from the rounding bottom pattern in August 2022, Jyothy Labs prices retested the neckline and have shown a bounce on upside pointing towards beginning of the trend on the upside.
BUSINESS
Hot Stocks | CG Power, KPIT Technologies, Borosil can give up to 23% return in short term, here's why?
CG Power prices after a breakout from double bottom pattern on July 2022 retested the neckline of the pattern and have shown a bounce on the upside, indicating continuation of prior uptrend.
BUSINESS
Hot Stocks | Bajaj Holdings & Investment, Max Healthcare Institute, Deepak Nitrite can give 16-21% return in short term. Here's why
While in the correction post December 2021, the stock did not get into the lower low, lower high formation which shows the bullish undertone of Bajaj Holdings & Investment. The stock in the latest week have given a breakout from the Rounding Bottom pattern, which tells the beginning of the trend on the upside.
BUSINESS
Hot Stocks | CDSL, Axis Bank, Tata Power can give up to 22% return in short term. Here's why
On the daily timeframe, CDSL prices have given a breakout from the Rounding Bottom pattern, indicated beginning of trend on the upside. The breakout was confirmed by high volumes.
BUSINESS
Hot Stocks | Here'Colgate Palmolive, Ashok Leyland, SRF can fetch up to 18% return in short term, here's why?
On weekly chart of SRF, we can observe that the stock is currently trading at its 52-week high level, this tells that the stock already is in a strong up trend.
BUSINESS
Hot Stocks | Double-digit return in Zee Entertainment, Crompton Greaves Consumer, Federal Bank possible in short term; here's why
We expect the ZEEL share price to go higher till the level of Rs 308 where the stop-loss must be at the level of Rs 237 on the closing basis, said Vidnyan Sawant, AVP - Technical Research at GEPL Capital
BUSINESS
Hot Stocks | Jubilant Foodworks, United Breweries, ICICI Prudential can give double-digit return in short term; here's why?
On the weekly chart of United Breweries, we can observe that prices have shown a bounce on the upside since June 2022 while taking support from the bullish trend line which the prices are respecting since October 2020.
BUSINESS
Hot Stocks | Indraprastha Gas, HDFC Bank, Shriram Transport Finance can give up to 21% return in short term; here's why?
"As per the short term chart pattern, we feel the index will make an attempt to reach its resistance of 17,800 followed by 18,115. Our bullish view shall be negated if we see prices sustaining below 17,350 level," said Vidnyan Sawant, AVP - Technical Research at GEPL Capital
TECHNICALS
Hot Stocks | Alkyl Amines Chemicals, Cipla and Tata Elxsi can give 17-23% return in short term, here's why
On the weekly chart of Alkyl Amines, the prices have shown a bounce on the upside. In the prior week, prices gave a breakout from the Falling Wedge pattern which is a bullish reversal pattern, said Vidnyan Sawant of GEPL Capital
BUSINESS
Hot Stocks | Over 16% return possible from L&T Infotech, GNFC, PI Industries in short term. Here's why
On daily time frame prices after consolidation, the Bollinger band has started to expand where prices on July 18 had closed above upper Bollinger band. This tells that the volatility of L&T Infotech is rising on the upside.
BUSINESS
Hot Stocks | Here's why Bharat Electronics, SBI, Larsen & Toubro can give double-digit returns in short term
After making a low at Rs 1,456, L&T is forming higher top higher bottom formation on all the time frames like daily, weekly & monthly indicating positive undertone of the stock for the short to medium term.
BUSINESS
Hot Stocks | Minda Corporation, KEC International, Dr Reddy's Labs can fetch up to 27% return in short term. Here's why
On weekly time frame of KEC, prices have taken multiple support from the 50 percent of Fibonacci retracement level of prior advance from Rs 155 level (April 2020) to Rs 550 level (October 2021). In this week, prices gave a breakout from the rectangle pattern which it had formed for past 17 weeks starting from March 2022.
BUSINESS
Hot Stocks | United Breweries, Hindustan Unilever, Trent can give up to 17% return in short term, here's why
The level of 16,172, gap resistance formed on June 13, will act as immediate resistance. If the index sustains above this level, it may move higher to 16,580
BUSINESS
Hot Stocks | 'ITC, Linde India, TVS Motor can give double-digit returns in short term'
Talking about overall mood in market, Vidnyan Sawant of GEPL Capital said the current trend in Nifty is rangebound between 15,930 and 15,367 but is negative-biased
