Technicals

Chartist Talks: These 3 stocks will likely head north in the coming week — Sudeep Shah, SBI Securities

The momentum indicators and oscillators are suggesting strong bullish momentum in Paytm, according to Shah.

Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on these 5 stocks

Once Nifty sustains above 24,400, Sudeep Shah expects Nifty to move towards 25,000 during the December series, but not in the first week of December.

Chartist Talks: Ashish Kyal bullish on these 2 stocks for medium term, but avoids this FMCG counter

ITC needs to see bottoming pattern and consolidation before any meaningful rally on upside, said Ashish Kyal.

Chartist Talks: Nifty’s pullback rally likely to persist; bullish on these 2 stocks, says Sudeep Shah of SBI Securities

As long as the Nifty 50 is trading above the 23,450 level, it is likely to continue its pullback rally upto the 100-day EMA level, which is currently placed at the 24,323 level, Sudeep Shah said.

It’s a counter-rally, not a trend reversal: Rohit Srivastava

The sharp rally today could cause some stocks to hit new highs but the momentum is likely to fade, says veteran technical analyst

Chartist Talks: Markets rebound imminent despite downward trajectory, says Milan Vaishnav

Bank NIfty is likely to stay relatively stronger and relatively outperform the other indices, said Milan Vaishnav.

Chartist Talks: Ashish Kyal bullish on these 2 stocks for next week, but signals panic if Bank Nifty breaks 200 DEMA

Ashish Kyal sees the new leg of up move in Zomato which smartly defended September low and rebounded

Chartist Talks: SBI Securities' Sudeep Shah explains why Federal Bank, Paytm are strong buys

Technical factors suggest that the market is likely to experience consolidation over the next few trading sessions, said Sudeep Shah of SBI Securities.

Chartist Talks: Milan Vaishnav explains why he is bullish on Lupin, ITC for November series

Going ahead, Milan Vaishnav expects Lupin to resume its upmove from the current levels and go on to test Rs 2,300-2,350 levels.

Chartist Talks: Ashish Kyal picks these 2 buy ideas for Muhurat trading, believes Nifty can break August low in November

Poly Medicure has just given a breakout of the Rounding bottom pattern. Also, since October 28 not a single candle has given a close below previous day's low which suggests strength in trend.

Chartist Talks: Sudeep Shah of SBI Securities believes Axis Bank has bottomed out, sees bullish momentum in this stock

According to Sudeep Shah, given the technical weakness, FMCG and Auto sectors are likely to underperform in the near term.

Chartist talks: Ashish Kyal sees bullish momentum in Sakthi Sugars, Infosys resuming upward trend soon after current volatility

A break above the Rs 1,960 level can lift Infosys towards Rs 2,080, so long as the Rs 1,850 level holds on the downside.

Chartist Talks: Sudeep Shah of SBI Securities sees potential opportunities for investors in IT sector given strong technical indicators

Despite consolidation, the Nifty IT has strongly outperformed the frontline indices, said Sudeep Shah of SBI Securities.

Chartist Talks: FII long-short ratio hints at Nifty 50 consolidation in coming few sessions despite strong underlying trend, says SBI Securities' Sudeep Shah

After consolidation, the Nifty 50 is likely to continue its upward journey and test 26,500, followed by 26,750 in the short term, Sudeep Shah believes.

Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on Havells, Indian Hotels

The stock of Mahindra and Mahindra has given a downward sloping trendline breakout on a daily scale. This breakout is confirmed by robust volume.

Chartist Talks: Sudeep Shah of SBI Securities sees Nifty climbing towards 26,000, bets on these 2 stocks

Looking ahead, Bank Nifty is expected to continue its ascent, targeting levels of 52,800 and then 53,300 in the short term. On the downside, support has now moved up to the 51,400-51,350 range.

Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on Narayana Hrudayalaya, Asian Paints

Sudeep Shah believes ITC is likely to outperform the frontline indices in the next couple of trading sessions.

Chartist Talks: Sudeep Shah of SBI Securities expects these 3 sectors & 2 stocks to fly north

The higher rollover of Nifty Index futures in August indicates that long positions are being rolled over, given the confidence in the bullish momentum.

Chartist Talks: This analyst suggests Bull Call Spread strategy as Nifty to maintain positive momentum next week

The overall setup is bullish with Nifty forming a Higher top-Higher bottom pattern for the past 3 weeks, Sudeep Shah of SBI Securities said.

Chartist Talks: Technical factors indicate bullish sentiment in Nifty, bullish on these 2 stocks for next week, says Sudeep Shah of SBI Securities

Any sustainable move above the level of 24,700 will lead to a sharp upside rally in the Nifty 50 upto the level of 25,000, followed by 25,200 in the short term.

Chartist Talks: This analyst sees more correction if Nifty breaks 24,500; advises 2 stocks ideas

Going ahead, the 50-day EMA zone of 51,050-51,000 will act as immediate support for the Bank Nifty. If the index slips below the level of 51,000, then the next support is placed at 50,450-50,400 zone.

Chartist Talks: Deploy bull call spread strategy in Nifty; 2 stocks look strong, says Sudeep Shah of SBI Securities

Shah says the Bank Nifty is likely to witness a pullback rally in the short term. The 50,500-50,400 zone will be a crucial support for the index.

MC Interview: Nifty may find it hard to cross 25,000, but rally likely to continue in IT, FMCG indices, says Milan Vaishnav

While some consolidation cannot be ruled out, the rally in Nifty FMCG index can definitely extend itself as the primary uptrend stays very much intact, says Milan Vaishnav.

Chartist Talks: Sudeep Shah of SBI Securities advises caution in mid, smallcap segments ahead of budget

Technical formations clearly indicate limited upside in the Nifty 50 for the short-term.