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Technicals

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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  • Chartist Talk | Sudeep Shah picks 2 largecaps for next week; outlook on 6 stocks after smart gains

    Currently, the Nifty 50 is trading above both its short- and long-term moving averages, with these averages beginning to slope upward — often an early indication of renewed directional strength, said Sudeep Shah.

  • Beyond Panic: Take control when your derivatives trade turns red, says Shubham Agarwal

    Shubham Agarwal shares strategies to reshape your positions, reduce risk, and enhance reward potential when the market moves against you.

  • Technical View: Nifty’s path to new highs hinges on 26,000 support as VIX hits 2-month low; Bank Nifty’s next leg depends on holding 59,500

    Weekly options data indicated that the Nifty 50 is expected to face resistance at 26,300–26,500 in the short term, with support at the 25,900–25,800 levels.

  • Trading Plan: Can Nifty 50 reclaim 26,000, Bank Nifty move beyond 59,500?

    If the Nifty decisively breaks out and sustains above the 25,950-26,000, a rally toward 26,100–26,200 can’t be ruled out, while 25,700 can act as immediate support.

  • Trade Spotlight: How should you trade PB Fintech, Century Plyboards, Grasim, Dr Reddys Labs, Zydus Lifesciences, and others on December 12?

    The market is expected to gain further strength if the benchmarks reclaim the 20-day SMA. Below are some short-term trading ideas to consider.

  • Trade setup for December 12: Top 15 things to know before the opening bells

    For the upside to continue from here, the Nifty 50 needs to surpass and sustain above the 25,950–26,000 zone to move upward toward 26,200–26,300 levels. Until then, it may consolidate, with immediate support at 25,700.

  • Technical View: Surpassing 26,000 crucial for Nifty bulls to extend rally; 59,400 likely to determine further Bank Nifty uptrend

    Weekly options data indicated that 26,000 is expected to remain a crucial hurdle for the Nifty 50, with support at 25,700.

  • Trading Plan: Can Nifty 50, Bank Nifty extend their downtrend for the fourth straight session?

    Considering the bearish undertone, if the Nifty 50 breaks 25,700, a fall toward 25,500–25,400 can be seen, but holding above it can drive the index toward 25,800–25,950 in the immediate term, followed by the 26,000 zone.

  • Trade Spotlight: How should you trade ICICI Prudential Life, Hindustan Zinc, Nykaa, Paytm, Cummins India, and others on December 11?

    The market may rebound after the recent correction, but the sustainability of those gains will be the key to watch. Below are some short-term trading ideas to consider.

  • Trade setup for December 11: Top 15 things to know before the opening bells

    The Nifty 50 managed to defend the 50-day EMA (25,700) for another session, but a fall and sustained close below this level in the coming sessions could strengthen the bears and open the door for a decline toward 25,500, the key support zone.

  • Technical View: Nifty hits 1-month low, selling pressure may intensify if index breaks below 25,700; Bank Nifty drops to over 2-week low

    Weekly options data indicated that the Nifty 50 is expected to face resistance at 25,900–26,000 levels, with support at 25,500.

  • Trading Plan: Can Nifty 50, Bank Nifty reclaim the previous day’s high amid consolidation?

    As long as the NIfty 50 holds this level, 25,900 (near Tuesday’s high) is the immediate level to watch, followed by 26,000 (20 DSMA) as the key hurdle. However, falling below 25,700 can bring bears into strong power.

  • Trade Spotlight: How should you trade Colgate, AU Small Finance Bank, Aditya Birla Capital, L&T Finance, Patanjali Foods, and others on December 10?

    The market is likely to be rangebound after the correction in the past two sessions. Below are some short-term trading ideas to consider.

  • Trade setup for December 10: Top 15 things to know before the opening bells

    If the Nifty 50 convincingly breaks below 25,700 (the 50 DEMA and Tuesday’s intraday low), 25,500 will be the key downside level to watch. However, sustaining above this mark can increase the possibility of a move toward the 26,000–26,200 zone, according to experts.

  • Technical View: Nifty extends weakness, 50-DEMA crucial for future direction; Bank Nifty defends 20-DEMA

    Weekly options data indicated that the Nifty 50 is likely to trade in the 25,500–26,000 range in the short term.

  • Trading Plan: Can Nifty 50, Bank Nifty decisively break Monday’s low?

    According to experts, if the Nifty 50 breaks and sustains below Monday’s low of 25,892, a move toward 25,800 and 25,700 may be seen in the upcoming sessions. However, in case of a rebound, 26,100–26,200 are the levels to watch.

  • Trade Spotlight: How should you trade Bharti Airtel, HCL Technologies, HDFC Life Insurance, Larsen & Toubro, and others on December 9?

    The market sentiment is expected to be bearish in the short term. Below are some short-term trading ideas to consider.

  • Trade setup for December 9: Top 15 things to know before the opening bells

    The crucial support lies at 25,840; if the Nifty 50 breaks below this level, 25,700 (50-day EMA) can't be ruled out, and there could be a negation of the large-degree higher-high–higher-low structure. On the higher side, 26,100–26,200 is expected to act as a hurdle for the index.

  • Technical View: Bears may take control if Nifty fails to defend Monday's low, Bank Nifty tests 20 DEMA as VIX spikes 8%

    The weekly options data suggested that 25,800 is expected to be immediate support, with resistance at 26,000-26,100.

  • Trading Plan: Will Nifty 50 achieve 26,300, Bank Nifty reclaim the 60,000 zone?

    The Nifty 50 is expected to march toward 26,300 in the upcoming sessions as long as it holds the 26,000 zone, below which 25,850 remains the crucial support. Above 26,300, 26,500 is the level to watch.

  • Trade Spotlight: How should you trade Birlasoft, Indus Towers, Anupam Rasayan, PB Fintech, United Spirits, and others on December 8?

    The market may consolidate before reclaiming the record-high zone. Below are some short-term trading ideas to consider.

  • Trade setup for December 8: Top 15 things to know before the opening bells

    Friday's rally raised hopes for a move toward 26,300 in the upcoming sessions. Above this, 26,500 is the level to watch on the Nifty 50, while support is placed in the 26,000–25,900 zone, according to experts.

  • Chartist Talk: Avoid bottom-fishing in IndiGo after 9% slide, says Sudeep Shah; recommends 2 stocks for next week

    IndiGo's MACD has dipped below both the signal line and the zero line, accompanied by rising red histogram bars, reinforcing the negative setup, said Sudeep Shah.

  • Evolve Your Trade: The missing step in most trading systems, says Shubham Agarwal

    Buy call at the right entry point. If the call doesn't perform immediately but data remains positive, sell a call two strikes away from your position.

  • Technical View: Nifty could hit 26,440 as long as it holds 26,060; Bank Nifty forms long bullish candlestick after RBI rate cut

    Nifty moved sharply higher following the policy announcement and continues to trade above the 21-day exponential moving average.

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