Page 29 - Market Technicals

Support for Nifty is seen at 10,882, says Vinay Rajani of HDFC Securities

Nifty has violated the support of its 50 days EMA. The trend would be considered bearish unless Nifty closes above 11,450

SBI, IndusInd Bank: Are bank stocks a good bet in the current market?

Till Nifty Bank defends the support range of 20,800 to 20,600 level, the rebound may see aggressive buying momentum.

Market sentiment to remain strong till Nifty stays above 10,750-10,800

The domestic market continued to trade weak amid a global sell-off triggered by concerns about rising Covid-19 cases and news reports on suspicious transactions involving international banks.

Stock recommendations by Nilesh Jain of Anand Rathi: Buy UPL, Sell M&M Fin

The stock of UPL is making a higher top and higher bottom formation on the daily chart which indicates every decline will attract fresh buying interest from lower levels

Deepak Fertilisers, GSFC: Will Farm Bills passage boost fertiliser stocks?

Here's how fertiliser sector stocks look on the charts and what should be your trading strategy

Two bank stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of ICICI Bank has witnessed a decent correction recently and has maintained the support zone near 360 levels

344 stocks in Nifty 500 index are indicating a bullish trend, shows MACD

Out of these 344 stocks, 211 stocks are trading with a positive crossover. This scenario indicates that over 50 per cent stocks are signalling positive bias.

Trading strategies for copper and lead by Tradebulls Securities

Negative divergence (RSI_14) on daily scale is being seen in Copper since July-end

Nifty can test higher levels if it holds 11,400: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode

Here's a Bull Spread Strategy on Manappuram Finance by HDFC Securities

Long build up is seen in the Manappuram fin Futures' where we have seen 7% (Prov) rise in the Open Interest with Price closing flat

'Nifty needs to close above 11,585 to negate short-term bearish trend'

Close above 11,585 would negate the bearish setup on the short term charts and could push Nifty towards the recent high of 11,794

Nifty outlook & stock picks by Nilesh Jain of Anand Rathi: Buy FDC, Cyient

The momentum indicator for FDC has reversed from the overbought territory which hints of further positive momentum in the counter

Stock picks by Prabhudas Lilladher: Buy Britannia, IOL Chemicals

Britannia's stock has shown signs of bottoming out

Derivative strategy on Cummins by Nandish Shah of HDFC Securities

Short-term trend of the stock is positive

Charts show bulls are making a strong comeback: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well on buy mode. The volatility index --India VIX -- has also started cooling down which is giving comforts to the bulls

Stock picks by Ajit Mishra of Religare Broking: Buy SBI Life, Wipro

SBI Life's stock is holding strongly above the support zone of 200 EMA on the daily chart

Nifty has entered short-term down trend, says Vinay Rajani of HDFC Sec

It would be advisable to remain bearish in the market unless Nifty surpasses the resistance of 11,585

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

Looking at the technical set up, with last week's price activity, we can see a formation of 'Bearish Engulfing' pattern on weekly chart

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has breached its range of 3,130-3,230 with volumes

Nifty outlook & stock calls by Anand Rathi: Buy TCS, Torrent Pharma

TCS' stock has provided a breakout from a descending triangle pattern on the daily chart