Ashish Chaturmohta

Real estate is an elephant and takes time to move. The sector has a lot of moving parts and it's better to stay away, says Chaturmohta, Fund Manager-PMS Strategy-Apex, JM Financial Services

Small & Midcap Mantra: This IT consulting company rose 175% in 1 year, can further climb 22%

Birlasoft has outperformed the Nifty50 that rose 43 percent and the S&P BSE 500 index that gained about 50 percent in the year

Small & Midcap Mantra: This IT firm doubles wealth in 2021, technicals suggest another 20% upside in 6-9 months

Technically, KPIT Technologies’ stock is in an uptrend as it is trading well above crucial short- and long-term moving averages

Small & Midcap Mantra: Fortis Healthcare charts signal 30% rally in 4-6 months, time to buy?

Technically, the stock is trading well above the short and long-term moving averages which is a positive sign for the bulls

'Infosys, Tata Steel, ICICI Bank could give over 10% return in short term'

The broader markets are in a positive trend. Globally, in the US markets, various companies will start reporting their Q2 earnings, which will keep the street excited, says Chaturmohta.

Small & Midcap Mantra: Amber Enterprises set to resume next leg of rally, over 20% upside expected

Since hitting a 52-week high in March 2021, the stock entered a consolidation phase. However, technical charts suggest that the stock is now ready to resume the second leg of the rally.

Stock Mantra | This pharma stock that has doubled since November may rally 20% in next 3-6 months

Since February, the stock has been in a steady uptrend, forming higher highs and higher lows on the daily chart. A month ago, the stock hit a high of Rs 3,515 which was followed by a sideways-to-negative price correction, say experts

Axis Bank, SBI, & BPCL may rally over 10% each in next 3-4 weeks - here’s why: Ashish Chaturmohta

The next level is the all-time high of 15431 which will be the immediate level for next week. Crossing above this next level is seen at 15785, says Chaturmohta.

If Nifty goes past 14,460, doors will open for 15,000: Ashish Chaturmohta of Sanctum Wealth Management

The Nifty is in a decline mode but it is a sideways-to-negative correction. For the last couple of weeks, it has found support on multiple occasions at around 14,250-14,150 and managed to hold above the critical support zone.

We are in a bull market, Nifty could trade in 16,000-16,500 range in FY22: Ashish Chaturmohta of Sanctum Wealth

However, the resurgence of COVID-19 cases in India is worrying the market with the possibility of large-scale lockdowns, which could dent the economic recovery, he said.

Trade Spotlight: Tata Steel, Hindalco, Kotak Bank in focus

Stocks like Tata Steel rose over 7 percent, Hindalco rallied more than 6 percent, and Kotak Mahindra Bank rallied more than 3 percent to hit a fresh 52-week high of Rs 1817.80 were some of the stocks in focus on Wednesday.

Trade Spotlight: Dr Reddy’s, IndusInd Bank, Nestle, Maruti and Jubilant Life in focus

Indian market witnessed profit-taking at higher levels on Wednesday and the trend is likely to remain volatile on Thursday as well ahead of June F&O expiry.

'Nifty to find support at 10,000 and resistance at 10,500; ICICI Bank, TCS top picks'

The Nifty option distribution data is suggesting support at 10,000 and resistance at 10,500 followed by at 11,000. India VIX continues to find support around 29-28 levels after closing at 28.11 for the day.

Berger Paints, Nestle among 5 stocks that could give 10-17% return in 1-3 months

A move below 10,270 levels will take the Nifty50 towards 10,000-9,900 levels where the support zone is seen.

Momentum play: IGL, Tata Steel among top bets with 1-3 months horizon

If Nifty slips below the 9,600 support, selling pressure could take the index towards 9,400 levels where rising trend line support is seen.

Looking for momentum plays? Top 4 stocks which could give over 15% returns in 1-3 months

The Nifty options distribution data is suggesting a range of 9300 and 8800. India VIX is at 35.8 and is currently consolidating at lower levels.

HUL to underperform in short term given expensive valuations: Ashish Chaturmohta

In the medium term, HUL should farewell as it will be a key beneficiary of the rural demand recovery and one of the least impacted companies from COVID-19 led disruptions.

Momentum plays: These 5 stocks could give 15-20% returns in 3 months

Bearish Wedge pattern would be negated once the Nifty50 starts to trade above 9,600 levels on a sustainable basis. In that case, the Nifty can rally towards 9830 and 9970 levels on the upside.

9,400 crucial for bulls! 4 stocks which can return 15% in 1-3 months

The index needs to take out 9400 levels on the upside for the Nifty to negate the pattern and trend higher towards 9600-9700 levels.

Bulls eye 9,100 for a consistent move; 5 stocks that can give over 10% return

On the downside, the short-term rising support trendline comes around at 8,550-8,600. A break below this is likely to see the NIfty decline towards 8,000 levels.

Kotak Bank, Pfizer among top 5 breakout buys that could give 10-18% return

The congestion zone is placed at 12,272, but a close above this level could take the index towards 12,500 levels. On the downside, the immediate support is seen at 12,100 and then towards 11,990 levels.

'Voltas, Muthoot Finance among 5 stocks that could give 10-14% return in 1-3 months'

In the Nifty October monthly expiry options, maximum open interest for Put is seen at strike price 11,000 followed by 11,200; while for Call maximum open interest is seen at 11,500 followed by 12,000.

Looking for momentum play? Dabur, Pfizer among top 5 stocks which can return 10-15%

A break below 10,637 levels will indicate a resumption of the downtrend in the market.

ICICI Prudential, D-Mart among Top 5 stocks that can give 10-16% return; here’s why

If the Nifty slips below 10,746, the next support is placed at 10,636. A break below 10,636 will signal a continuation of the decline and may take the index towards 10,450 levels.

11,200 crucial for next rally; top 5 stocks for Sept series which can return 10-16%

The Nifty has resistance zone around 11,150-11,200 where recent highs, 200-DMA and 38.2% Fibonacci retracement of the fall 12,103-10,637 are seen.