Jul 06, 2022 06:49 AM IST

Hot Stocks | Mirza International, Siemens, Sumitomo Chemical may yield double-digit returns. Here's why

Hot Stocks | Godrej Consumer Products, Torrent Pharma, IIFL Finance can give up to 14% return in short term

Torrent Pharma has broken out from the bullish “Flag” pattern on the daily chart. After four sessions of running correction, it has resumed its uptrend. Stock price has surpassed the previous swing high resistance of Rs 2,918.

Hot Stocks | Here is why United Spirits and Federal Bank are good short-term bets

Federal Bank has been off-radar for a quite some time now. But the way it grabbed everyone's attention on last Friday is incredible. Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One

Hot Stocks | 'ITC, Linde India, TVS Motor can give double-digit returns in short term'

Talking about overall mood in market, Vidnyan Sawant of GEPL Capital said the current trend in Nifty is rangebound between 15,930 and 15,367 but is negative-biased

Hot Stocks | Here is why you should buy Ambuja Cements, Maruti Suzuki for short term

Maruti Suzuki and Ambuja Cements are both showing strength. Read on to know what Rohan Patil of Bonanza Portfolio suggests investors should do:

Hot Stocks | Jamna Auto, PSP Projects, KPIT Technologies can fetch 10% return in short term. Here's why

Jamna Auto Industries is in a classical uptrend where it is breaking out symmetrical triangle formation after building a strong base at its 200-DMA. On an immediate basis, Rs 125 is the horizontal resistance line; above this, we can expect a rally towards Rs 133-136 levels.

Hot Stocks | Double-digit return from SP Apparels, KEC International, Chalet Hotels likely in short term. Here's why

Trend of KEC International turned positive as stock price has formed higher top higher bottom candlestick pattern on the daily chart. Primary trend of the stock turned positive as stock price has closed above 200 days EMA.

Hot Stocks | Here is why you should bet on Coforge, Shriram Transport Finance in short term

It will be interesting to see how the market behaves in the first half of the week. If global relief extends, we may see the Nifty surpass the 16,000-mark, which will trigger a sharp short-covering rally

Hot Stocks | Sapphire Foods, Asahi India Glass, Indian Hotels can give 16-26% return in short term

Asahi India and Indian Hotels show clear uptrend. Read on to know what Vidnyan Sawant of GEPL Capital suggests you should do with the stocks:

Hot Stocks | Here is why you should bet on Birlasoft and Ipca Labs for short term

Birlasoft and Ipca Labs show bullish patterns on technical charts. Read on to know what Rohan Patil of Bonanza Portfolio suggests you should do.

Nifty Next50 a favourite hunting ground for active fund managers. Check out their top picks

Nifty Next50 consists of stocks ranked between the 50th and 100th most liquid stocks on the NSE. Last month, active fund managers added stocks like Bandhan Bank, SBI Cards and Havvels’s from this list.

Hot Stocks | PVR, Elecon Engineering, J Kumar Infraprojects can fetch 12-20% return in short term. Here's why

J Kumar Infraprojects has a strong bullish setup where it witnessed a breakout of Descending triangle breakout on the longer timeframe. It has retested its previous breakout Rs 240 level after hitting a fresh 52-week high.

Hot Stocks | SRF, Deepak Nitrite, Infosys can give double-digit return in short term. Here's why

SRF has breached the crucial support of its 200 days EMA and closed below that for two consecutive sessions. Stock price has broken below from Bearish Head and Shoulder pattern on the daily charts. The monthly relative strength index (RSI) has exited the overbought zone with negative divergence.

Hot Stocks | Here is why you should bet on Bajaj Finance, Infosys in short term

Ruchit Jain of 5paisa.com expects some pullback move in the market in the near term and says IT stocks can see some up move over the next two-three weeks

Stock Talk| Why Bharat Forge, IndusInd, Laurus Labs Fut are a short-term Sell

IndusInd Bank is on the verge of a major breakdown from its previous multiple support zones. What is worrying is that the stock has seen rising volumes in the current downtrend, confirming the weakness.

Hot Stocks | Here is why you should bet on Oil India, Polycab India for up to 10% return

The Nifty is trading below its 21 and 50–day exponential moving average, indicating a continuation of the downtrend

Hot Stocks | Healthy returns possible in Phoenix Mills, Siemens, Varun Beverages in short term. Here's why

Varun Beverages is witnessing a breakout of Bullish Flag formation to resume its classical uptrend. It is respecting its 20-DMA placed at Rs 735

Hot Stocks | Deepak Fertilizers, NCC, Aditya Birla Capital can fetch 13% return in short term. Here's why

Aditya Birla Capital has broken down from the upward sloping trendline on the daily chart, adjoining the lows of May 16 and May 26, 2022. The stock price is forming lower top lower bottom formation on the weekly chart.

Hot Stocks | Here is why you should bet on BPCL, Thyrocare Technologies in short term

The pragmatic strategy would be to stay light on positions and be stock-specific, said Sameet Chavan of Angel One

Hot Stocks | Max Financial, TVS Motor, ICICI Prudential can give double-digit returns in short term, here's why

We feel that the Nifty is in bounce back mode. If the Nifty sustains above 16,610 levels then it will move towards 16,800 in the coming days, said Vidnyan Sawant of GEPL Capital

Hot Stocks | Here is why you should bet on HDFC Life Insurance, TVS Motor for short term

TVS Motor is outperforming the benchmark index Nifty50 and has recently given a downward sloping trend line breakout on the weekly time frame, said Rohan Patil of Bonanza Portfolio

Hot Stocks | Double-digit return in KEI Industries, Elgi Equipments, NHPC possible in short term. Here's why

There is a classical bullish setup in NHPC as the counter had witnessed bullish flag formation in April month then it created a strong base at 200-DMA followed by a healthy correction.

Hot Stocks | ABB India, RCF, KNR Constructions can give up to 18% returns in short term, here's why

Rashtriya Chemicals and Fertilisers has formed Bullish Engulfing candlestick pattern on the daily charts. Stock found support on the upward sloping trend line on the daily chart and reversed north.

Hot Stocks | Here's why you should bet on Wipro and Astral for short term?

Considering the positive placement of ‘RSI-Smoothened’ oscillator, we expect Wipro to convincing surpass immediate hurdles. One can look to buy for a near term target of Rs 498.

Hot Stocks | Reliance Industries, M&M, Bharat Electronics can give 11-19% return in short term, here's why

For Nifty, the immediate resistance is at 16,700 and 16,975 followed by 17,132. The downside support is at 16,370, 16,000 and 15,671 levels