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  • Trade Spotlight | What should you do with Elgi Equipments, Mahindra Logistics, Avenue Supermarts on Wednesday? Jul 06, 2022 06:51 AM IST

    Trade Spotlight | What should you do with Elgi Equipments, Mahindra Logistics, Avenue Supermarts on Wednesday?

    Elgi Equipments jumped nearly 9 percent to close at Rs 374.5 and formed strong bullish candle on the daily charts with much higher than average volumes. Oscillators RSI (relative strength index) and Stochastic with more than 50 levels are showing uptrend.

  • Trade Spotlight | What should you do with R Systems International, Tarsons Products, TTK Prestige on Tuesday? Jul 05, 2022 06:56 AM IST

    Trade Spotlight | What should you do with R Systems International, Tarsons Products, TTK Prestige on Tuesday?

    R Systems International was locked in 20 percent upper circuit at Rs 266.80, forming a robust bullish candle on the daily charts with far higher than average volumes, after hammer kind of pattern formation in the previous session. Even the relative strength indicator (RSI) as well as Stochastic have showed uptrend, indicating sentiments are strong.

  • Trade Spotlight | What should you do with Jubilant Foodworks, Muthoot Finance, ITC on Monday? Jul 04, 2022 06:20 AM IST

    Trade Spotlight | What should you do with Jubilant Foodworks, Muthoot Finance, ITC on Monday?

    ITC climbed 4 percent to close at Rs 284.35, which is higher than immediate previous top of Rs 282.35 on May 20 this year. The stock formed a big bullish candle on the daily scale with strong volumes. On the weekly basis as well, there was a robust bullish candlestick pattern formation, continuing Higher High Higher Low for third consecutive week.

  • Trade Spotlight | What should you do with Talbros Automotive Components, Sobha, Eveready Industries on Friday? Jul 01, 2022 08:31 AM IST

    Trade Spotlight | What should you do with Talbros Automotive Components, Sobha, Eveready Industries on Friday?

    After short term correction, Talbros Automotive Components took support near 200 day SMA (Rs 413) and reversed sharply. Post reversal, in this week so far, it rallied over 15 percent and also formed a long bullish candle on weekly and daily charts.

  • Trade Spotlight | What should you do with Orient Bell, Adani Transmission, Tejas Networks on Thursday? Jun 30, 2022 07:31 AM IST

    Trade Spotlight | What should you do with Orient Bell, Adani Transmission, Tejas Networks on Thursday?

    At the current juncture, Adani Transmission has given a clean triangle breakout with positive volume picking up which hints at a further upside.

  • Trade Spotlight | What should you do with Force Motors, MRPL, Supriya Lifescience on Wednesday? Jun 29, 2022 06:34 AM IST

    Trade Spotlight | What should you do with Force Motors, MRPL, Supriya Lifescience on Wednesday?

    Force Motors has witnessed a sharp upmove from its trendline support. In the recent past, the pullback moves have resisted around its '200 EMA' (exponential moving average). Thus, we could see a continuation of this resistance towards this average which is now seen around Rs 1,157.

  • Trade Spotlight | What should you do with Persistent Systems, City Union Bank, Carborundum Universal on Tuesday? Jun 28, 2022 06:43 AM IST

    Trade Spotlight | What should you do with Persistent Systems, City Union Bank, Carborundum Universal on Tuesday?

    On the weekly timeframe, Persistent Systems gave a breakdown of double top pattern with high volumes. Post breakdown the down move was followed by strong volumes, indicating further down move.

  • Trade Spotlight | What should you do with Strides Pharma, Info Edge, Minda Corporation on Monday? Jun 27, 2022 06:46 AM IST

    Trade Spotlight | What should you do with Strides Pharma, Info Edge, Minda Corporation on Monday?

    Most sectors, barring IT, participated in the rally on June 24. Bank, auto, financial services, FMCG, and metal indices gained 1.2-2 percent

  • Trade Spotlight | What should you do with Spandana Sphoorty Financial, MTAR Technologies, Nykaa on Friday? Jun 24, 2022 08:09 AM IST

    Trade Spotlight | What should you do with Spandana Sphoorty Financial, MTAR Technologies, Nykaa on Friday?

    After a medium term correction, Nykaa is hovering within the range of Rs 1,300 to Rs 1,540. Technically, the short term texture of the stock is non directional and we are of the view that the rangebound activity is likely to continue in the near future.

  • Trade Spotlight | What should you do with Matrimony, Sterling Tools, IOL Chemicals, ITI, Trident on Thursday? Jun 23, 2022 07:33 AM IST

    Trade Spotlight | What should you do with Matrimony, Sterling Tools, IOL Chemicals, ITI, Trident on Thursday?

    At current juncture, Trident is in crucial support zone of Rs 35-36. Moreover, exactly at those levels, we have seen Bullish Engulfing on June 21 along with volume picking up and it is a sign of positive momentum.

  • Trade Spotlight | What should you do with MCX India, Adani Total Gas, JSW Energy on Wednesday? Jun 22, 2022 06:36 AM IST

    Trade Spotlight | What should you do with MCX India, Adani Total Gas, JSW Energy on Wednesday?

    JSW Energy has been correcting along with the broader market since the month of October. The stock has been forming a 'Lower Top lower Bottom’ formation on the daily chart and hence seems to be retracing its previous uptrend.

  • Trade Spotlight | What should you do with Pidilite Industries, Hindustan Unilever, HDFC on Tuesday? Jun 21, 2022 07:21 AM IST

    Trade Spotlight | What should you do with Pidilite Industries, Hindustan Unilever, HDFC on Tuesday?

    On weekly chart of HDFC, we saw some sideways action post breakdown happened at Rs 2,400 levels with volume confirmation. Prices have been maintaining lower low, lower high formation. The downtrend was also preceded by Negative direction.

  • Trade Spotlight | What should you do with Delta Corp, Elecon Engineering, Welspun Corp, Sun TV Network on Monday? Jun 20, 2022 06:23 AM IST

    Trade Spotlight | What should you do with Delta Corp, Elecon Engineering, Welspun Corp, Sun TV Network on Monday?

    Sun TV Network rebounded from its two years major support of Rs 400 levels. This buying was accompanied with huge volumes which signals buying support near major support zones. The stock is well placed above the 20-day SMA which remains a positive sign.

  • Trade Spotlight | What should you do with Vakrangee, Welspun India, Ramco System, Bharat Gears, SIS on Friday? Jun 17, 2022 07:34 AM IST

    Trade Spotlight | What should you do with Vakrangee, Welspun India, Ramco System, Bharat Gears, SIS on Friday?

    Ramco System has started to diverge positively from May 2022. It is too early to say, but technically, we think the stock is on the verge of reversing its bearish trend.

  • Trade Spotlight | What should you do with Affle India, Indraprastha Gas, Strides Pharma Science on Thursday? Jun 16, 2022 06:37 AM IST

    Trade Spotlight | What should you do with Affle India, Indraprastha Gas, Strides Pharma Science on Thursday?

    Strides Pharma Science and Indraprastha Gas, which were among the top gainers in the F&O segment, and Affle formed bullish candlesticks on the daily chart on June 15

  • Trade Spotlight | What should you do with Shilpa Medicare, Adani Enterprises, Mahindra CIE Automotive on Wednesday? Jun 15, 2022 06:29 AM IST

    Trade Spotlight | What should you do with Shilpa Medicare, Adani Enterprises, Mahindra CIE Automotive on Wednesday?

    Post the recent correction, Mahindra CIE Automotive has been consolidating in a broad range which indicates that the trend has changed from down to sideways. The volumes in last few days are low and hence a breakout with good volumes is required for a positive momentum.

  • Trade Spotlight | What should you do with Honeywell Automation, Rajesh Exports, Minda Industries on Tuesday? Jun 14, 2022 06:47 AM IST

    Trade Spotlight | What should you do with Honeywell Automation, Rajesh Exports, Minda Industries on Tuesday?

    All sectors ended in the red on June 13 as equity benchmarks closed 2.6 percent lower amid a global selloff

  • Trade Spotlight | What should you do with Tata Teleservices, IIFL Finance, IOL Chemicals, Marathon Nextgen on Monday Jun 13, 2022 06:27 AM IST

    Trade Spotlight | What should you do with Tata Teleservices, IIFL Finance, IOL Chemicals, Marathon Nextgen on Monday

    The benchmark indices ended almost 2 percent lower on June 10; global cues are expected to influence market direction

  • Trade Spotlight | What's the call on Biocon, Container Corporation, IEX? Jun 10, 2022 07:53 AM IST

    Trade Spotlight | What's the call on Biocon, Container Corporation, IEX?

    On daily charts, IEX has formed long bullish candle which is broadly positive. But at the same time, the stock is consistently taking resistance near 20 days SMA. The medium term texture of the stock is non-directional, perhaps, traders are waiting for the either side breakout.

  • Trade Spotlight | What should you do with Engineers India, Elgi Equipments, ITD Cementation on Thursday? Jun 09, 2022 07:49 AM IST

    Trade Spotlight | What should you do with Engineers India, Elgi Equipments, ITD Cementation on Thursday?

    Though Elgi Equipments looks lucrative at current levels, one should wait because the stock is trading near its previous top Rs 422.30, which is also all-time high.

  • Trade Spotlight | What should you do with TVS Motor, Exide Industries, RBL Bank on RBI policy day? Jun 08, 2022 06:50 AM IST

    Trade Spotlight | What should you do with TVS Motor, Exide Industries, RBL Bank on RBI policy day?

    We believe history will repeat itself, wherein Exide Industries will rebound utilising prior consolidation and will move towards its 100-day SMA. This could lead the stock towards Rs 157 initially and Rs 163 subsequently.

  • Trade Spotlight | What should you do with MRPL, Indoco Remedies, Elecon Engineering on Tuesday? Jun 07, 2022 06:28 AM IST

    Trade Spotlight | What should you do with MRPL, Indoco Remedies, Elecon Engineering on Tuesday?

    Indoco Remedies has given a falling trendline breakout with a rise in volume activity. The stock has broken above the previous swing high and negated the lower high lower low formation. The RSI indicator can also be seen giving a trendline breakout and confirming the bullish view.

  • Trade Spotlight | What should you do with Indiabulls Housing Finance, Macrotech Developers, Metropolis, Railtel Corp on Monday? Jun 06, 2022 06:53 AM IST

    Trade Spotlight | What should you do with Indiabulls Housing Finance, Macrotech Developers, Metropolis, Railtel Corp on Monday?

    Metropolis Healthcare has given a declining trendline breakout after forming a base near Rs 1,500 levels. Huge rising volumes on price rise signifies increased participation in the rally. The daily strength indicator RSI has turned bullish indicating rising strength.

  • Trade Spotlight | What should you do with Raymond, RIL, Century Textiles on Friday? Jun 03, 2022 06:58 AM IST

    Trade Spotlight | What should you do with Raymond, RIL, Century Textiles on Friday?

    On June 2, Century Textiles is not only cleared the resistance of 200 days simple moving average (SMA), but successfully closed above the same. It also formed long bullish candle which supported further uptrend from the current levels.

  • Trade Spotlight | What should you do with ICICI Prudential, Astral, Shree Renuka Sugars on Thursday? Jun 02, 2022 07:02 AM IST

    Trade Spotlight | What should you do with ICICI Prudential, Astral, Shree Renuka Sugars on Thursday?

    Volatility is expected to remain high as India VIX remains above the 20 mark

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