Technicals

Chartist Talks | Nifty IT may push banking index behind to lead market upside, says this Elliott wave strategist

Ashish Kyal of Waves Strategy Advisors has been bullish on IT index even before the breakout was seen and prices are moving precisely as expected.

Chartist Talks | Nifty set to resume bull market, reach new highs; says Indiacharts' Rohit Srivastava

Indiacharts founder Rohit Srivastava is focusing on the Nifty Metal index and metal stocks as potential positive performers in October.

MC Interview | Not easy for Nifty to cross 20,200 in October, but mid-smallcaps hold potential, says Ashish Kyal

One should not worry during corrections as long as the overall pattern or structure is still higher highs and higher lows on the weekly time frame, says Ashish Kyal.

MC Interview | Nifty unlikely to break August lows on a closing basis, says Indiacharts' Rohit Srivastava

Indiacharts' Rohit Srivastava likes to take trades in stocks that have pulled back to the lower Bollinger band along with momentum going back to zero.

MC Interview | Bank Nifty may see correction before reaching 50,000, says this technical chartist

After a consolidation in the range of 20,000–19,200, the index has finally confirmed a breakout, which has a theoretical target of around 20,600, says Jigar Patel of Anand Rathi.

MC Interview | Nifty likely to hit new high of 20,100 before short-term retracement of current rally, says Chartist Ashish Kyal

Ashish Kyal expects consolidation or minor retracement in midcap, smallcap indices, but it will be an opportunity to enter into the stocks that have shown leadership role during the rise.

MC Interview | Prashant Shah of Definedge expects correction in mid, smallcaps but bullish on IT, media sectors

Media stocks appear to be a dark horse sector and are expected to perform well over the medium term, says Prashant Shah of Definedge.

MC Interview | With Nifty500 already at new high, Rohit Srivastava predicts Nifty50 heading for 20,000

Longer term, the upward trend in banking remains intact. The 20-week average for Bank Nifty at 44,145 has been protected during the last two weeks.

MC Interview | Elliott wave strategist Ashish Kyal expects profit-booking in midcap, smallcap stocks

Short term consolidation or correction in this index can be ideal opportunity for medium to long term traders to enter into Auto and Auto ancillary space, says Ashish Kyal.

MC Interview | Market trend remains weak, Nifty likely to break 19,000 in near term, says this technical chartist

A decisive move below 19,000 is likely to drag Nifty down to another lower support of 18,500 levels.

MC Interview | Chartist Milan Vaishnav explains why Nifty IT will stage a major, sustainable breakout this year

Bank Nifty is relatively weak not only against Nifty but against the broader Nifty500 Index as well.

MC Interview | Bearish trend may confirm if Bank Nifty decisively breaks 44,100, pharma outperformance to continue, says Vinay Rajani of HDFC Securities

Definitely there is a sign of weakness in Nifty50 for the short term and index could extend its correction but Vinay Rajani believes that the downside in the market would be limited.

MC Interview | IT, pharma can be flavour over coming weeks and months, says Ashish Kyal

Nifty Pharma sector is going to be outperforming index for coming months, says Ashish Kyal.

MC Interview | Chartist Rohit Srivastava explains why the Nifty might not be done with the rally yet

Valuations are high at a stock specific or sector level but not at a market wide level and thus cannot be a reason for concern yet for the general stock market.

MC Interview | Monthly F&O expiry for July series likely to be below 20,000 on Nifty, says chartist Jay Thakkar

Bank Nifty is trading at an inflection point and 46,200-46,500 levels in the upside are very critical as only a close above 46,500 levels will confirm the overall larger breakout.

MC Interview | Nifty rally looks mature at 20K, IT sector to take lead, says Waves Strategy Advisors' Ashish Kyal

The momentum is strong in Nifty Midcap index but short term consolidation is possible given that the indicators are overbought.

MC Interview | These two largecaps can see a swift rally in rest of July, says Milan Vaishnav of Gemstone Equity Research

As the Nifty IT index had seen a huge buying on last Friday, Milan Vaishnav of Gemstone Equity Research believes it is certainly a great time to start accumulating IT stocks.