May 24, 2018 12:27 PM IST Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 820 and target of Rs 850, a buy in Mindtree with stop loss at Rs 1020 and target of Rs 1065 and a buy also in Godrej Consumer Products with stop loss at Rs 1090 and target at Rs 1135.
April 24, 2018 09:25 AM IST "The index has resistance zone at 10,630-10,700 levels. In Nifty options, strike price 10,700 Call has the highest open interest (OI) in Calls, suggesting market could head towards 10,700 levels but likely to face resistance this level," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.
April 18, 2018 08:57 AM IST "Nifty has to cross 10,555 levels decisively for further upmove. Sustenance trade above 10,555 marks may add momentum on upside till 10,650-10,670 levels," says RajeshAgarwal of AUM Capital.
April 18, 2018 08:27 AM IST Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.
April 12, 2018 09:29 AM IST "We expect the stock to resume uptrend after the current consolidation breakout and head towards Rs 6100 in the medium term as it is the confluence of the breakout implication and 123.6 percent external retracement of September 2017 – February 2018 decline placed at Rs 6095," says Dharmesh Shah, Head Technical, AVP at ICICIdirect.com.
April 11, 2018 11:13 AM IST "Traders can accumulate the stock in a range of Rs 425-435 levels for the target of Rs 481 and a stop loss below Rs 395," says Shitij Gandhi of SMC Global Securities Ltd.
April 11, 2018 09:37 AM IST "Positional traders can buy the stock around current level and add on dips around Rs 305-307 with a stop loss below Rs 291 (closing) for the target of Rs 350 and return of 12.18 percent," says Abhishek Mondal of Guiness Securities.
April 11, 2018 09:33 AM IST " Traders can buy the stock around current level and add on dips around Rs 1554-1560 with a stop loss below Rs 1515 (closing) for the target of Rs 1690 and return of 8 percent," says Abhishek Mondal of Guiness Securities.
April 11, 2018 09:22 AM IST "The Nifty has bigger targets once we successfully close 10,450 levels. Thereon, 10,620/10,640 are levels to watch out for in near term. This is where the stiff resistance would come.," says Mustafa Nadeem, CEO at Epic Research.
April 11, 2018 08:57 AM IST "On weekly scale, Avenue Supermarts is trading in upward momentum with moderate volume. The weekly Relative Strength Index (RSI) is showing an upward momentum and the MACD is continuously trading above the zero line with a positive crossover," says Abhishek Mondal, Research Analyst, Guiness Securities.
April 04, 2018 08:35 AM IST says Rajesh Agarwal AUM Capital.
April 03, 2018 08:22 AM IST "Nifty has crossed last week high and heading towards 10250-10270 levels i.e. Upper Band of Falling Channel which might work as immediate resistance. Sustenance trade above these levels may add further momentum on upside," says Rajesh Agarwal of AUM Capital.
April 03, 2018 08:04 AM IST "Inverse Head-and-Shoulder pattern formation is now clearly visible. Hence, 'buy-on-dips around critical supports' is the strategy to be followed," says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
April 02, 2018 08:47 AM IST The resistance for Nifty is placed at 10,225-10,300 and the support is at 10,097. Bank Nifty on the other hand has support at 24250 and resistance at 24750, says Prakash Gaba of prakashgaba.com.
April 02, 2018 07:59 AM IST “Nifty is likely to challenge critical resistance placed around 10,250.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
March 28, 2018 08:56 AM IST "As per the option data, the support level in Nifty has shifted higher in the March expiry compared to last week and the immediate support is seen around 10,100 mark whereas 10,200 will act as hurdle before March expiry," says Abhishek Mondal, Research Analyst at Guiness Securities
March 28, 2018 08:32 AM IST Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance with a stop loss of Rs 1750, target of Rs 1810 and SRF with a stop loss of Rs 1980, target of Rs 2040.
March 28, 2018 08:13 AM IST "The level of 10,300 i.e. upper band of Falling Channel might work as strong hurdle zone. Decisive break above this trendline would take Nifty further higher," says Rajesh Agarwal of AUM Capital
March 28, 2018 07:35 AM IST “Nifty is likely to get into consolidation in the price range of 10,080 to 10,230.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
March 27, 2018 10:15 AM IST "The Nifty continues to trade below the long-term 200-day moving average and rising support trend line originating from May 2017 and low of 9342 levels connecting lows of 9449 and 9688 which comes around 10180 levels, says Ashish Chaturmohta, Head Technical and Derivatives, Sanctum Wealth Management.
March 23, 2018 08:28 AM IST "Till Nifty holds 10,000 mark decisively, bounce back from lower levels cannot be ruled out. The Index might revert back to its short term moving average of 20EMA i.e. around 10,325 which might work as immediate hurdle zone," says Rajesh Agarwal of AUM Capital.
March 23, 2018 07:58 AM IST “Nifty may continue to oscillate in the price band of 10,160 to 10,000, and may again see buying on dips around 10,000.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
March 22, 2018 10:25 AM IST "The Fed even is neutral to positive for the markets for the following reasons. a) relief that only two hikes are expected this year, and b) surprisingly the inflation number has not been revised upwards," VK Sharma, Head PCG and Capital Market Strategy at HDFC Securities told Moneycontrol.
March 22, 2018 08:49 AM IST Mitessh Thakkar of miteshthacker.com recommends buying Dewan Housing Finance with a stop loss of Rs 513 and target of Rs 537, ICICI Prudential Life Insurance with a stop loss of Rs 377 and target of Rs 395 and a buy also on Jubilant Food with a stop loss of Rs 2180 and target of Rs 2275.
March 22, 2018 08:01 AM IST “Nifty may continue oscillating in the price band of 10,230 to 10,000 before next leg of decisive movement.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
