Here are trading strategies for key stocks held by Radhakishan Damani. Do you own them as well?
If IDFC First Bank stock stays above the Rs 70-mark, it may rally in the direction of Rs 120 and Rs 135 from a medium-term perspective
Another surprise build up in US inventory also helped the crude oil prices pushing down below 4,600 but overall trend still is bullish as there is no reversal pattern on daily chart
Most IT stocks are holding strong despite the recent volatility in the market and now look upbeat for a rebound
Any trend reversal for crude oil will only be validated below the 4,350 region
Exhaustion is being witnessed in Copper as on daily scale, there has been an emergence of 'Bearish Engulfing' candlestick pattern
Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator
HDFC Life has been strongly maintaining an uptrend for the last one year and is currently trading closer to its record high
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
The RSI indicator has indicated a trend reversal near the oversold zone to signal a buy in Hindustan Unilever (HUL) stock
CME has raised margin for silver to push back any more speculative moves
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222
Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels
The momentum indicators and oscillators in GAIL (India) stock are in the buy mode on the weekly scales
According to analysts, market rally in the new calendar year may not be as sharp as seen in recent months as the markets are currently pricing in a lot of positives
The Mukesh Ambani-controlled RIL needs to decisively conquer Rs 2,070 mark to attract fresh buying
Accommodative policies of the most central banks world over also meant money continued to flow to this asset class.
However, lower liquidity in ETF could erode investors' gains