The Nifty has provided a sell crossover on its hourly charts and with that, the index seems to have reversed the overall trend in the short term.
The overall outlook for the rail-related stocks looks promising.
The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode
Infosys and TCS are waiting for their respective range breakouts
In the last several years, the stock has crossed Rs 480 for about five times during intra-day but could never close above the level
The target level is usually the difference between the low of the rounding bottom and the price where the actual breakout happened.
A technical outlook on Indian oil marketing companies (OMCs) amid US-Iran tensions
A look at what technical charts indicate for these stocks.
The daily, as well as weekly momentum indicators in Nifty, have provided a buy crossover
Moving averages and technical patterns suggest that the upside momentum in Tata Group stocks is likely to stay high despite the recent developments
Power Grid is continuously trading above 200-weekly moving average (WMA) since June 2014.
Golden Cross is defined as an indicator of a major rally. It is essentially a crossover of short-term moving average with the long-term moving average.
Formation of "Higher High, Higher low" in Adani Green may indicate further upside towards Rs 190 levels in the coming year
Gaps are areas on a technical chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between
The daily, as well as weekly, MACD for Nifty, is still in buy mode; hence, the bulls still have an upper hand on that front
A double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal
Even as Adani Transmission hit new lifetime high on Tuesday, most power sector stocks are showing bearish signs. Here is how they look on the technical charts
A Golden Cross breakout can trigger an upside rally in DLF
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
The Nifty Bank has seen a sharp rally from 27,750 to 32,150 levels in the last 33 sessions. It witnessed one session of a "gap-up" close, whose range of 30,860 - 30,789 is not even filled