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
Trade Spotlight | What should you do with Chalet Hotels, Cochin Shipyard, VIP Industries on Tuesday?
Chalet Hotels gained nearly 4 percent to Rs 367, forming strong bullish candle on the daily charts with robust volumes. The stock continued higher high formation for fifth consecutive session.
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
Trade Spotlight | What should you do with Asian Paints, Avenue Supermarts, Westlife Development on Tuesday?
Avenue Supermarts shares rose 0.2 percent to Rs 4,375.3 and formed small bodied bullish candle on the daily charts, while Westlife Development rose 2.76 percent to Rs 694.4 and saw bullish candlestick pattern on the daily charts with higher volumes.
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
BUSINESS
Hot Stocks | Sapphire Foods, Asahi India Glass, Indian Hotels can give 16-26% return in short term
Asahi India and Indian Hotels show clear uptrend. Read on to know what Vidnyan Sawant of GEPL Capital suggests you should do with the stocks:
TECHNICALS
Hot Stocks | Max Financial, TVS Motor, ICICI Prudential can give double-digit returns in short term, here's why
We feel that the Nifty is in bounce back mode. If the Nifty sustains above 16,610 levels then it will move towards 16,800 in the coming days, said Vidnyan Sawant of GEPL Capital
BUSINESS
Hot Stocks | Reliance Industries, M&M, Bharat Electronics can give 11-19% return in short term, here's why
For Nifty, the immediate resistance is at 16,700 and 16,975 followed by 17,132. The downside support is at 16,370, 16,000 and 15,671 levels
BUSINESS
Hot Stocks | HDFC, TVS Motor, ICICI Bank can give double-digit returns in short term. Here's why
TVS Motor has given a breakout of an Inverted Head & Shoulder pattern on the weekly charts. The stock has sustained at 5 months high, indicating positive undertone of the stock. On the daily charts, the stock is maintaining higher top higher bottom formation.
BUSINESS
Hot Stocks | Hindustan Aeronautics, ITC, MRPL can give up to 30% return in short term. Here's why
MRPL has bottomed out at Rs 40 levels with double bottom price formation and currently sustaining at multi-year high with strong volume support on the weekly charts.
BUSINESS
Hot Stocks | Bet on Gujarat Gas, Avanti Feeds, TCS for 10-19% return in short term. Here's why
The RSI indicator plotted on the weekly charts is moving upward from oversold region and it is sustaining above 40 mark with the formation of higher low indicating positive momentum of Avanti Feeds.
BUSINESS
Hot Stocks | NLC India, Power Grid Corporation, Tata Chemicals can give healthy double digit returns in short term, here's why
Power Grid has made fresh life time highs this week and is sustaining at higher levels which shows strong strength of the stock. On weekly charts the stock has been taking support at 20 week SMA since November 2020 indicating bullish undertone for the medium to long term.
