Stocks hitting a 52-week high or new all-time high early in the year tend to have more legs for an upside for the rest of the year.
The Nifty Realty index can rally towards 525-level.
IT companies Infosys, TCS, Wipro, HCL Tech and Mindtree would announce their numbers.
Major sugar stocks are ready to claim new bullish territory
Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.
Stocks like Asian Paints, Astral, Balrampur Chini, Birlasoft, Carborundum Universal, eClerx, Infosys, Max Healthcare, Tube Investments and Torrent Pharma and others are trading at life-time highs
The major IT stocks like Infosys, LTI, Coforge continue to absorb selling pressure at the counters
Automobile shares may breakout after crossing significant resistances
With the withdrawal of easy and cheap money globally, fundamentals would come to fore, analysts suggest. Therefore, one needs to stay invested in the right quality of stocks, analysts suggest
Laurus Labs Ltd, Endurance Technologies Ltd may surge over 30 per cent whereas small cap stocks like Avanti Feeds Ltd, BASF India and Rain Industries could jump up to 40 per cent from current levels
The Indian benchmarks are set to climb higher in 2022. Though there can be intermittent corrections, the broad trend remains up. Here is how key indices are stacked up the on technical charts
Back home, India has logged 653 cases of the Omicron variant of coronavirus across 21 states and Union Territories so far. Of this, 186 have recovered or migrated, official data suggested on Tuesday
These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
The recent FII outflows can also be viewed as a year-end phenomenon and a possible knee-jerk reaction to recent events, Bhave said
The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks
Analysts expect the downtrend to be arrested soon and steep correction will lead to value buying at lower levels
While most analysts see monetary policy normalisation across the world in 2022, rate trajectories are likely to diverge across geographies, they said
The technical analyst from HDFC Securities expects CDSL and Polycab to perform well
Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks