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Technical analysis is a mechanism to identify trading opportunities in the stock market by evaluating statistical data. The statistical data comprises price movement, trading volume, moving average, historical data, charts, breakouts, correct buy points, proper buy zones. This strategy is based on the assumption that the past trading activity of a stock can be an indicator of its future price movements when analysed with suitable rules of trading. This method analyses the ways supply and demand for a stock may drive changes in price, volume, and implied volatility. First time investors often get confused between fundamental and technical analysis. While both methods are used to research and forecast future movement in stock prices, both are different in nature. Like the name suggests, fundamental analysis evaluates a stock on its inherent value i.e. fundamentals. This method involves evaluating a company’s financial statements to estimate the fair value of the business. On the other hand, technical analysis is based on statistical trends and assumes that the stock price has already factored-in all publicly available information. More

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  • How to use Futures to mitigate systematic risk while investing Aug 13, 2022 10:21 AM IST

    How to use Futures to mitigate systematic risk while investing

    Systematic Risk is a risk posed by outside factors affecting country or sector as a whole (policy decisions, interest rates, geo-political risks)

  • Technical View | Bullish candle on Nifty's weekly scale indicates positive sentiment Aug 12, 2022 05:29 PM IST

    Technical View | Bullish candle on Nifty's weekly scale indicates positive sentiment

    As long as the index holds the previous bullish gap zone of 17,566-17,632, the uptrend is expected to continue till 17,800-17,900-18,000, experts said.

  • Trade Spotlight | What should you do with Indraprastha Gas, Cummins India, Bharat Dynamics on Friday? Aug 12, 2022 08:07 AM IST

    Trade Spotlight | What should you do with Indraprastha Gas, Cummins India, Bharat Dynamics on Friday?

    Indraprastha Gas climbed 7.5 percent to Rs 408.1, the highest closing level since January 21 and formed large bullish candle on the daily charts with strong volumes for third consecutive session, following high wave kind of candle formation.

  • Hot Stocks | Indraprastha Gas, HDFC Bank, Shriram Transport Finance can give up to 21% return in short term; here's why? Aug 12, 2022 07:33 AM IST

    Hot Stocks | Indraprastha Gas, HDFC Bank, Shriram Transport Finance can give up to 21% return in short term; here's why?

    "As per the short term chart pattern, we feel the index will make an attempt to reach its resistance of 17,800 followed by 18,115. Our bullish view shall be negated if we see prices sustaining below 17,350 level," said Vidnyan Sawant, AVP - Technical Research at GEPL Capital

  • Technical View | Nifty needs to defend Thursday's bullish gap zone for further uptrend Aug 11, 2022 05:22 PM IST

    Technical View | Nifty needs to defend Thursday's bullish gap zone for further uptrend

    The Nifty50 opened higher at 17,712 and hit a day's high of 17,719, but overall the index remained in a tight range on the higher side, before closing with 124 points gains at 17,659.

  • Trade Spotlight | What should you do with Tata Chemicals, City Union Bank, Elgi Equipments on Thursday? Aug 11, 2022 08:09 AM IST

    Trade Spotlight | What should you do with Tata Chemicals, City Union Bank, Elgi Equipments on Thursday?

    Tata Chemicals share price jumped 12.2 percent to Rs 1,074, the highest closing level since October 19, 2021. The stock had a robust gap up opening and large bullish candlestick pattern formation on the daily charts with significantly higher volumes. It has decisively broken the long down sloping resistance trend line, adjoining October 18, 2021 and May 5, 2022, may be indicating bullish phase. Now the stock is around 7-8 percent away from its record high of Rs 1,158.

  • Hot Stocks | Here is why you should bet on these Tata Motors, IGL and Tata Chemicals in short term Aug 11, 2022 07:55 AM IST

    Hot Stocks | Here is why you should bet on these Tata Motors, IGL and Tata Chemicals in short term

    Tata Motors is in 'higher top higher bottom' formation on the daily chart which shows an up trend. Besides, the price has taken support at the 200-day moving average before the recent rally, said Rupak De of LKP Securities

  • Technical View | Nifty forms Hanging Man pattern, 17,359 is the level to watch for signs of weakness Aug 10, 2022 05:57 PM IST

    Technical View | Nifty forms Hanging Man pattern, 17,359 is the level to watch for signs of weakness

    Short-side traders should remain neutral and long-side players should keep a stop-loss below 17,440, Mazhar Mohammad of Chartviewindia has said

  • Trade Spotlight | What should you do with Aegis Logistics, BASF India, Speciality Restaurants on Wednesday? Aug 10, 2022 07:04 AM IST

    Trade Spotlight | What should you do with Aegis Logistics, BASF India, Speciality Restaurants on Wednesday?

    BASF India share price gained 5.4 percent to close at Rs 3,089.1, the highest closing level since March 31, 2022 and formed big bullish candle with large volumes on the daily charts. Also it has broken the long downsloping resistance trend line (adjoining August 11, 2021 and October 18, 2021) on Monday.

  • Hot Stocks | Triveni Turbine, Century Textiles, Puravankara can fetch double-digit return in short term. Here's why Aug 10, 2022 07:01 AM IST

    Hot Stocks | Triveni Turbine, Century Textiles, Puravankara can fetch double-digit return in short term. Here's why

    Puravankara has broken out on the daily chart on August 5, where it closed at highest level since July 25, 2022. Short term trend of the stock is positive as it is trading above its short term important moving averages.

  • MC Interview | Chandan Taparia of Motilal Oswal hopes Nifty to scale 18,500 by Diwali, more slide in crude Aug 09, 2022 08:53 AM IST

    MC Interview | Chandan Taparia of Motilal Oswal hopes Nifty to scale 18,500 by Diwali, more slide in crude

    Nifty has been making higher lows from the last seven weeks and supports are gradually shifting higher. It surpassed its immediate hurdle and is holding above its key moving averages which indicates strength in the ongoing trend to cross an immediate resistance trend line.

  • Bet on Prism Johnson, Mold-Tek Packaging, Titagarh Wagons for 12-15% return Aug 09, 2022 06:40 AM IST

    Bet on Prism Johnson, Mold-Tek Packaging, Titagarh Wagons for 12-15% return

    Titagarh Wagons is a classical uptrend where it is witnessing Bullish Flag formation with closing above its 20-DMA (day moving average). The upside momentum is likely to continue for an immediate target of Rs 150 while Rs 115 will act as a strong support level.

  • Technical View | Nifty forms bullish candle, 17,800 a possibility now Aug 08, 2022 05:33 PM IST

    Technical View | Nifty forms bullish candle, 17,800 a possibility now

    The bullish candle formation appears when the market closes above opening levels. Banking & financial services, auto, and metal stocks were the drivers in today's session.

  • This VP at Prabhudas Lilladher says these four sectors will help Nifty scale 18,000 mark Aug 08, 2022 09:34 AM IST

    This VP at Prabhudas Lilladher says these four sectors will help Nifty scale 18,000 mark

    With another higher bottom formation pattern formed from current levels, further continuation of the strong uptrend in Nifty Auto index can be anticipated with targets of 14,200 and 15,000 levels.

  • Top 10 trading ideas by experts for next 3-4 weeks as market stays bullish despite volatility Aug 08, 2022 08:07 AM IST

    Top 10 trading ideas by experts for next 3-4 weeks as market stays bullish despite volatility

    The momentum could get concentrated to fewer stocks and sectors and hence, traders need to be very selective in stock picking for trading, expert advises

  • Deploy Modified Call Butterfly strategy in Nifty: Shubham Agarwal Aug 08, 2022 06:12 AM IST

    Deploy Modified Call Butterfly strategy in Nifty: Shubham Agarwal

    Considering the bullish mood, the upcoming week can be approached with a low-risk strategy like Modified Call Butterfly in Nifty.

  • Trade Spotlight | What should you do with Manappuram Finance, Navin Fluorine International, Prince Pipes on Monday? Aug 08, 2022 06:11 AM IST

    Trade Spotlight | What should you do with Manappuram Finance, Navin Fluorine International, Prince Pipes on Monday?

    For Prince Pipes, the daily and weekly strength indicator RSI is in a bullish mode, indicating strength in the short to medium- term time frame

  • Hot Stocks | Here's why you should bet on Lemon Tree Hotels, Cipla for short term Aug 08, 2022 06:10 AM IST

    Hot Stocks | Here's why you should bet on Lemon Tree Hotels, Cipla for short term

    For the week, 17,500–17,650 remains a sturdy wall and until it is surpassed convincingly, tentativeness at higher levels will persist

  • Dysfunctional risk removal: Simple improvisation for improving returns: Shubham Agarwal Aug 06, 2022 08:45 AM IST

    Dysfunctional risk removal: Simple improvisation for improving returns: Shubham Agarwal

    Holding the Option beyond a certain point in time was Dysfunctional Risk. Since the extra holding period did not give enough rewards to justify the risk of Buying the Option.

  • Technical View | Nifty may be losing momentum, show weekly charts Aug 05, 2022 05:20 PM IST

    Technical View | Nifty may be losing momentum, show weekly charts

    Friday's low point (17,348) can act as a support in the next session followed by crucial support at 17,150-17,000 levels, while if it crosses the near-term resistance (17,500) in coming sessions, then the index can climb towards 17,800 levels, experts said.

  • RBI Monetary Policy | Bet on these 12 rate-sensitive stocks for 10-22% likely returns Aug 05, 2022 01:54 PM IST

    RBI Monetary Policy | Bet on these 12 rate-sensitive stocks for 10-22% likely returns

    Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.

  • Trade Spotlight | What should you do with Astral, Redington (India), KEI Industries on Friday? Aug 05, 2022 08:11 AM IST

    Trade Spotlight | What should you do with Astral, Redington (India), KEI Industries on Friday?

    Redington (India) saw strong buying interest and had a gap-up opening on Thursday. It climbed 9.1 percent to Rs 139.55, and formed a large bullish candlestick pattern on daily charts with significantly higher volumes.

  • Hot Stocks | Alkyl Amines Chemicals, Cipla and Tata Elxsi can give 17-23% return in short term, here's why Aug 05, 2022 07:55 AM IST

    Hot Stocks | Alkyl Amines Chemicals, Cipla and Tata Elxsi can give 17-23% return in short term, here's why

    On the weekly chart of Alkyl Amines, the prices have shown a bounce on the upside. In the prior week, prices gave a breakout from the Falling Wedge pattern which is a bullish reversal pattern, said Vidnyan Sawant of GEPL Capital

  • Technical View | Nifty forms bearish candle ahead of RBI interest rate decision Aug 04, 2022 05:08 PM IST

    Technical View | Nifty forms bearish candle ahead of RBI interest rate decision

    The street may maintain caution till the meeting outcome and if the index gets back firmly above 17,450, then there is a fair chance of the index moving towards 17,800 levels, with crucial support at the 17,000 mark, experts said.

  • Hot Stocks | Here is why you should bet on Dr Lal PathLabs and TCS for short term Aug 04, 2022 07:08 AM IST

    Hot Stocks | Here is why you should bet on Dr Lal PathLabs and TCS for short term

    Dr Lal PathLabs witnessed an ascending triangle pattern breakout on July 29 which was placed above Rs 2,250 levels in the daily time frame. After breakout, prices are showing a gradual upside movement in a small steep formation.

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