With Friday's move, 15,200 - 15,400 has become a sturdy wall for Nifty and it would really be a daunting task surpassing this in the absence of any major trigger
The chart of Bajaj Auto looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy
L&T Tech's stock price has broken out from the long-term consolidation, which it held for the last two months
Most IT stocks are holding strong despite the recent volatility in the market and now look upbeat for a rebound
HDFC Life is continuously holding the support of 50-DMA, currently place at Rs 702 mark
At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart
Hindustan Unilever has shown signs of picking up momentum, thus improving the bias, and has the potential for an upside from hereon
The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes
In the past couple of sessions, the stock of LIC Housing Finance has consolidated near the previous high, indicating strong hands accumulating the counter at higher levels
We can witness short-covering move along with addition of fresh position only if Nifty breaches 15,250
With the Tata Chemicals' stock continuously witnessing buying momentum in the overbought condition of Relative Strength Index (RSI), the strength remains intact
The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue
Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month
Whenever the stock price shows a reversal near the major moving averages, the turnaround is expected to be sharp, and the volumes tend to increase
With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels
With a strong up move on March 1, 2021, the stock of Sun Pharmaceuticals now needs to cross the resistance of Rs 620 mark to see a breakout rally towards Rs 640 and Rs 655 levels
The PSU stocks are on a roll since the last couple of months and the way they are shaped up, they appear to perform well throughout this year
The 'Island Reversal' pattern formed by Sensex, Nifty, and Nifty PSU Bank index usually indicates a strong reversal in trend
Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames
Support for the Nifty is seen at 14,336 odd levels, where 50 days EMA is placed