Page 17 - Market Technicals

Trading ideas by Ajit Mishra of Religare Broking: Buy Divi's Labs, Nalco

Most metal stocks are trading at their record highs and showing no sign of slowing down

Trading ideas by Bharat Gala of Ventura Sec: Buy Thermax, CCL Products

From 740 in November 2020, Thermax entered an uptrend, making several higher bottoms at 880-940-1140

Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

Off late, the private banks have underperformed but they are showing signs of base formation

HDFC, RITES: Stock picks by Vaishali Parekh of Prabhudas Lilladher

We anticipate for further upside movement in the coming days in HDFC and RITES stocks

Covid second wave: Insurance stocks may provide cover in a falling market

All the three insurance stocks are successfully holding the support of 200-DMA and may see upside of over 5 per cent in the near-term

Here is a Bull Spread Strategy on DLF by Nandish Shah of HDFC Securities

The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021

Dark cloud covering markets? What you must know about this chart pattern

This pattern indicates a negative sentiment in the stock which, if met with follow-up selling, can aggravate the negative sentiment further

Exit trading longs below 14,190 in Nifty: Vinay Rajani, HDFC Securities

The sustained level below 14,190 could drag Nifty towards 13,600-odd levels

Top trading recommendations by Anand Rathi: Buy Dr Reddy's Labs, Bata India

The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength

Stock picks by Sameet Chavan: Buy Strides Pharma, sell Grasim

We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma

Top trading ideas by Ventura Securities: Buy Bajaj Electricals, Mukund

All the stocks are trading above their respective important averages, indicating upward bias

Stocks picks by Osho Krishan: Buy Adani Enterprises, Godrej Consumer

The mean of the Bollinger band has historically proven strong support for Adani Enterprises, making it a favourable risk-reward ratio for a short-term duration

ITC, HUL: Is it time to bet on FMCG stocks in an uncertain market?

If the Nifty FMCG index manages to sustain above the 35,000-levels, it is expected to see a fresh breakout toward 36,200 to 36,400 levels

Top trading calls by Ajit Mishra of Religare Broking: Buy Marico, HPCL

Hind Petro has been witnessing profit-taking in line with other OMCs and now reached its major support zone of long-term moving average(200 EMA) on the daily chart

Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities

Longs should be protected with the stoploss of 14,275 in Nifty

RIL, Voda Idea, Escorts: These 38 stocks breached 200-DMA amid market crash

If the indices fail to reverse the downward trend, these stocks may further plunge up to 10 per cent

Infosys, TCS, Mindtree: Strategies for IT stocks ahead of Q4FY21 numbers

If the Nifty IT index manages to sustain above 27,200 levels, the upside bias may see a rally towards 27,800-mark in the upcoming sessions

Nifty outlook and stock picks by Sameet Chavan: Buy Balrampur Chini, Pfizer

The deciding factor in days to come has to be the financial space

Escorts, Schneider Electric: Two stocks that Vaishali Parekh is bullish on

The chart of Escorts looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy