-
Varun Beverages has retested the falling trend line on the daily chart before going higher. On the higher end, the index has found resistance at the 14DMA (Rs 1,334.65) during the day's trade on March 22.
-
Hindustan Copper has broken out from the downward sloping trend line on its weekly charts. Volumes have been gradually rising along with the price rise.
-
Technically, since its listing, PB Fintech remained in a gradual decline, however, in the last few months the pace of the fall flatten, which is resulting in a positive divergence. It is an indication of the change in the prevailing trend.
-
Traders should take one step at a time and avoid aggressive trades, as there are clusters of resistances lined up for the NIfty on the way up
-
Most sectors, barring IT, participated in the rally on June 24. Bank, auto, financial services, FMCG, and metal indices gained 1.2-2 percent
-
Strides Pharma Science and Indraprastha Gas, which were among the top gainers in the F&O segment, and Affle formed bullish candlesticks on the daily chart on June 15
-
ITC has strongly rebounded from its one-year multiple support zone, which remains a positive sign
-
M&M Financial Services, rising 5.5 percent to Rs 162.10, was the biggest gainer in the futures & options (F&O) segment, while Strides Pharma, adding 3.11 percent to Rs 374.85, was the fifth largest gainer.
-
Here's what Karan Pai of GEPL Capital recommends investors should do with these stocks when the market resumes trading today.
-
It’s better to stay light on positions and avoid aggressive longs until few key levels are not reclaimed convincingly, said Sameet Chavan of Angel Broking
-
The short-term trend has turned bullish as Nifty is trading above its 5 and 11-day simple moving averages that are currently placed at 11,800 and 11,620, respectively.
-
A close above 11,300 would give the bulls full control as it would lead to a short-covering which might push Nifty to the next resistance level of 11,600.
-
Mitessh Thakkar of mitesshthakkar.com recommends buying Escorts with a stop loss of Rs 706 and target of Rs 745, HDFC with a stop loss of Rs 1982 and target of Rs 2060 and HDFC Bank with a stop loss of Rs 2132 and target of Rs 2185.
-
Rajesh Agarwal of AUM Capital recommends buying Monte Carlo Fashions with stop loss at Rs 380 and target of Rs 400, Escorts with stop loss at Rs 694 and target of Rs 720 and Strides Pharma Science with stop loss at Rs 469 and target of Rs 505.
-
Rajesh Agarwal of AUM Capital recommends buying Bank of Baroda with stop loss at Rs 110 and target of Rs 122, Ajanta Pharma with stop loss at Rs 1090 and target of Rs 1160 and Siemens with stop loss at Rs 952 and target of Rs 1015.
-
Rajesh Agarwal of AUM Capital recommends buying Voltas with stop loss at Rs 523 and target of Rs 560, RBL Bank with stop loss at Rs 544 and target of Rs 562 and Strides Pharma Science with stop loss at Rs 462 and target of Rs 495.
-
The overall data has turned negative and more weakness can be seen in the expiry week.
-
Rajesh Agarwal of AUM Capital recommends buying Dalmia Bharat with stop loss at Rs 1994 and target of Rs 2077 and Bajaj Auto with stop loss at Rs 2548 and target of Rs 2630.
-
Sudarshan Sukhani of s2analytics.com suggests buying ACC with stop loss at Rs 1505 and target of Rs 1580 and HCL Technologies with stop loss at Rs 1070 and target of Rs 1100.
-
Rajesh Agarwal of AUM Capital recommends buying L&T Finance Holdings with stop loss at Rs 134 and target of Rs 150, Apollo Hospitals with stop loss at Rs 1012 and target of Rs 1085 and ITC with stop loss at Rs 299 and target of Rs 310.
-
Sudarshan Sukhani of s2analytics.com suggests selling Bharti Infratel with stop loss at Rs 270 and target of Rs 261, IRB Infra with stop loss at Rs 178 and target of Rs 168 and Jet Airways with stop loss at Rs 270 and target of Rs 255.
-
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Forge with a stop loss of Rs 658 and target of Rs 690 and Century Textiles and Industries with a stop loss of Rs 940 and target of Rs 1000 and can sell Sun TV with a stop loss of Rs 781 and target of Rs 740.
-
Ashwani Gujral of ashwanigujral.com suggests buying NIIT Tech with a stop loss of Rs 1360, target of Rs 1410, Dabur India with a stop loss of Rs 450, target of Rs 475 and Axis Bank with a stop loss of Rs 630, target of Rs 655.
-
Mitessh Thakkar of mitesshthakkar.com recommends buying ACC with a stop loss of Rs 1572 and target of Rs 1640, Aurobindo Pharma with a stop loss below Rs 639 and target of Rs 690 and HUL with a stop loss of Rs 1660 and target of Rs 1840.
-
Prakash Gaba of prakashgaba.com suggests buying Berger Paints with target at Rs 350 and stop loss at Rs 320, Eicher Motors with target at Rs 30000 and stop loss at Rs 28500 and Kotak Mahindra Bank with target at Rs 1310 and stop loss at Rs 1272.
