Auto ancillary stocks may jump up to 15 per cent in upcoming sessions
The technical & derivative analyst from HDFC Securities recommends buying Chambal Fertilisers and Info Edge
However, the technical analyst from Religare Broking recommends to short sell Hindalco November futures
According to the technical analyst from Anand Rathi, Dabur has seen some strong resurgence from its 200-DEMA in the recent period
Both the stocks seem to have bottomed out and select indicators on the charts have turned favourable for these stocks, says the technical analyst from Prabhudas Lilladher
Shares of Arvind Limited have formed a "Golden Cross" symbolizing a positive outlook for the upcoming sessions, according to the daily chart
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks
The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes
According to the technical analyst from Anand Rathi, TATAMTRDVR is strongly poised to surge higher in the near future as the technical chart construes sturdy formation post its gap-up setup
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the given range
According to the technical analyst from Anand Rathi, after Monday's movement ICICI Bank also looks good on chart for an upside target of Rs 840
Jewellery related stocks have witnessed massive gains since last Dhanteras and continue to trade with a firm bullish bias, indicating more upside for the shares.
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
According to the technical analyst from Anand Rathi, both the stocks are placed well on a risk-reward ratio from a short to medium-term perspective
ICICI Bank is trading firmly in overbought condition, while Hindustan Unilever is still not showing signs of any reversal depsite trading in oversold territory
The technical analyst from Religare Broking also recommends to accumulate United Spirits. Check out the range below
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels
Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level