Trade Spotlight: How should you trade Voltas, Swiggy, Bank of India, Samman Capital, SBFC Finance, Biocon, and others on October 23?
The market may consolidate for a couple of sessions after the recent sharp rally, though the overall sentiment remains healthy. Below are some short-term trading ideas to consider.
Trade setup for October 23: Top 15 things to know before the opening bells
The Nifty 50 is expected to face a hurdle at 26,000, as decisively surpassing this level could open the door for a move to 26,200-26,300 in the upcoming sessions, provided the index defends support in the 25,750-25,700 zone, according to experts.
Chartist Talk: Metal, defence to surprise in Samvat 2082? Prashant Shah sees Nifty in new territory
Definedge’s Prashant Shah sees Nifty heading beyond 30,000 in Samvat 2082, with metals, defence, and midcaps poised to surprise investors.
All eyes on 26,000: Nifty’s breakout zone could decide the market’s next leg
The Nifty remains firmly positioned in a buy-on-dips setup heading into the monthly expiry, with sentiment tilted positively.
Chartist Talk: Ashish Kyal picks five stocks for Muhurat Trading, extremely bullish on Nifty 50 as Samvat 2082 begins
Top sector picks for the new year are consumer discretionary including auto and auto ancillary, financial sector, and IT, said Ashish Kyal.
Stay fully invested as Indiacharts' Rohit Srivastava sees bull market ahead; mid & small caps set to outperform in Samvat 2082
Chasing growth in midcaps will continue to remain a strategy that will reward long term investors in the year to come, said Rohit Srivastava.
Trading Plan: Can Nifty 50, Bank Nifty break previous day’s high on Muhurat Trading?
The Nifty 50 index is expected to face resistance at the 25,900–26,000 zone on the Muhurat Trading day, while support is placed at 25,700, followed by 25,500 as a crucial level, experts said.
Trade Spotlight: How should you trade ITC, Tata Consumer Products, SBI, Union Bank, JK Tyre, Federal Bank, and others on Muhurat Trading day?
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Trade setup for October 21: Top 15 things to know before the opening bells on Muhurat Trading
As long as the Nifty 50 sustains above 25,700, a rally towards the 25,950–26,000 zone can't be ruled out before potential consolidation sets in. The crucial support remains at 25,500, experts said.
Technical View: Strong sentiment signals Nifty bullls may eye 25,900-26,000 on Muhurat Trading, Bank Nifty could test 58,500
Weekly derivative data indicated that the Nifty 50 is likely to face resistance in the 25,850–25,900 zone, with support in the 25,800–25,750 range.
Gemstone's Milan Vaishnav bets on 3 stocks for Muhurat trading; says HDFC Bank, ICICI Bank at the start of a new Bull run
HDFC Bank has rebounded off the support area and is moving towards its high and may see a breakout above Rs 1,025 level that could lead the stock to fresh lifetime highs, said Milan Vaishnav.
Trading Plan: Can Nifty 50, Bank Nifty extend their Diwali rally for a fourth straight session?
Given the powerful rally with encouraging technical and momentum indicators, if the Nifty 50 decisively closes the bearish gap by surpassing 25,740, the upward journey toward 25,900–26,000 can’t be ruled out. However, 25,500 can act as immediate support, experts said.
Trade Spotlight: How should you trade Tata Consumer Products, M&M Financial, Phoenix Mills, Adani Ports, Radico Khaitan, and others on October 20?
Despite weak market breadth, the market is expected to remain bullish, supported by healthy momentum and strong technical indicators. Below are some short-term trading ideas to consider.
Trade setup for October 20: Top 15 things to know before the opening bells
Experts believe that the Nifty 50 appears poised for a strong bull run. If it closes and sustains above the long bearish gap of October 3, 2024 (25,740), the first target to watch will be 26,000, followed by 26,200–26,300. This zone coincides with the record high of 26,277, last seen on September 27, 2023. On the downside, immediate support is placed at 25,500.
Chartist Talk: Build a portfolio with these 5 large-caps for Muhurat Trading; banks to lead Nifty 50 rally in Samvat 2082, says SBI Securities' Sudeep Shah
While it may be premature to project extremely optimistic levels like 29,000–30,000, given the strong technical structure and improving macros, Nifty could well move towards the 27,000 zone in Samvat 2082, said Sudeep Shah of SBI Securities.
How to trade potential breakout post consolidation: Shubham Agarwal
Call Option compared to a Futures Buy will always have a better reward to risk ratio but the success ratio for Buy Call will always be lower for various reasons.
Chartist Talk: Centrum’s Nilesh Jain bets on 4 stocks for Muhurat Trading to generate alpha in Samvat 2082
Nilesh Jain of Centrum Broking expectss the banking index to potentially surpass the 60,000 mark in the upcoming Samvat year.
Technical View: Bullish momentum signals Nifty targeting 26,000 despite soaring VIX; Bank Nifty hits record close in pre-Diwali session
Weekly derivative data suggested that the Nifty 50 is expected to remain in the 25,500–26,000 range in the upcoming sessions.
Trading Plan: Can Nifty 50 achieve its 2025 peak, Bank Nifty break records before Diwali?
According to experts, the Nifty 50 index is gradually expected to achieve its high (25,669) of the current year, followed by the 26,000 zone. However, support is placed at the 25,400–25,300 zone. Meanwhile, the Bank Nifty is very close to its record high (57,628).
Trade Spotlight: How should you trade HDFC Bank, Marico, Bharat Forge, Ujjivan Small Finance Bank, Hindustan Unilever, Ceat, and others on October 17?
The market trend remains positive, but consolidation cannot be ruled out after the sharp rally. Below are some short-term trading ideas to consider.
Trade setup for October 17: Top 15 things to know before the opening bells
Experts expect the Nifty 50 to reach this year's high of 25,669 soon, followed by 26,000, a crucial resistance level before the record high hurdle. However, the 25,400–25,300 range can act as a support zone.
Technical View: Stellar rally suggests roaring Nifty bulls target June swing high before Diwali, Bank Nifty eyes record high
Weekly options data suggested resistance for the Nifty 50 at 25,700–25,800, with support in the 25,500–25,300 zone.
Trading Plan: Can Nifty 50 break resistance at 25,400, Bank Nifty reclaim 57,000?
According to experts, the Nifty 50 is expected to see a falling resistance trendline breakout (around 25,380), followed by 25,450 as the key resistance — which can open the door for the June high. However, support is placed at 25,150 and 25,060.
Trade Spotlight: How should you trade Adani Ports, Cholamandalam Investment, Prestige Estates, Larsen & Toubro, Bajaj Finserv, and others on October 16?
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
