One can expect up to 7 per cent gain in NBFC stocks if the positive momentum is held decisively
Titan Company needs to decisively cross and sustain above Rs 1,500 levels, supported by volume, to attract the interest of market participants
An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index
Analysts prefer stocks trading above the 200-DMA, since they tend to perform better in a trending market. Risk management, hence, becomes comparatively easier
HDFC Life is continuously holding the support of 50-DMA, currently place at Rs 702 mark
A breakout may lead the stock to Rs 480 and Rs 500 levels
Major paper stocks have managed to conquer their resistance levels and indicate a rising trend from a medium-term perspective
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 technical outlook continues to show more upside in these stocks
Markets have been volatile since the past few sessions with the S&P BSE Sensex giving up the 52,000 levels after a record run since March 2020 low
The middle EMA acts as support/resistance level in Keltner Channel
HDFC and HDFC Bank are expected to perform better in coming months as per the charts.
The monthly chart shows a strong bullish sentiment if the stock closes above 95,000 levels
The Brexit deal removes a major overhang on equity markets worldwide
Among the Nifty 500 stocks, nearly 370 stocks are trading on the upper side of the momentum indicators
Few pharma stocks are expected to weaken at higher levels.
Major paper stocks have crossed their respective 200-DMA.
Realty stocks are showing strong upside momentum
Indraprastha Gas stock is seeing a strong resistance at 490 levels on weekly charts. If it manages to breach this level decisively, then the upside may see a rally towards Rs 525 and Rs 555 levels