Page 3 - Stocks Technical Analysis

Merger deal may help HDFC, HDFC Bank hit record highs, 15% upside likely

Shares of HDFC Bank may hit the Rs 2,000-mark, while HDFC is likely to rally towards Rs 3,200.

Trading Bets: GAIL India, Adani Total Gas, GNFC can gain up to 15%

Gas related stocks are likely to benefit from the price hike on commercial LPG; Charts indicate fresh highs for select shares.

Axis Bank can jump up to 7% post Citi deal; needs to hold 200-DMA

The current momentum, which is showing stability above 200-DMA could see a gradual rally towards Rs 800 to Rs 815 levels, its next hurdle zone.

Vedanta, JSPL, Tata Steel, SAIL: How to trade metal stocks as prices rise

The Nifty Metal index can gain another 3 per cent as long as the index maintains above 6,300-level on a closing basis.

Nifty Pharma may have bottomed out; Aurobindo, Glenmark can rally up to 10%

The Nifty Pharma index has crossed its near-term resistance at 13,700, and may spurt another 1.5 per cent.

War fallout! M&M, TaMo, Ashok Leyland can fall up to 12% on chip shortage

The Nifty Auto index has broken key support levels, and looks weak on the weekly charts indicating a downside of 5 per cent.

Sensex, Nifty breach 200-DMA but don't panic on event driven sell-off

Traders should opt to stay on the sidelines as this is an event-driven volatility, and wait for a decisive confirmation

Infosys, Tech M: Tech charts suggest its time to bottom fish IT stocks

The NSE IT index has been moving in a tight range, a breakout in either direcion can trigger a 2,000 points movement.

Testing time for RIL; will the stock manage to hold its one-year support?

The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.

Charts indicate mixed outlook for FMCG majors; HUL, ITC better placed

Major FMCG stocks are not showing exciting structure on charts, better play is to avoid them.

Axis Bank, Bajaj Auto: Nearly 45% of Nifty500 stocks trading below 200-DMA

Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.

Bharti Airtel, L&T, M&M among top trading bets ahead of Budget 2022

Major stocks have broken out on upside, any trigger in Budget 2022 could see sharp up move

Budget 2022, LIC IPO update can spark up to 11% rally in insurance stocks

Shares of the major private insurers, HDFC Life and ICICI Prudential are seen testing key support levels currently.

Amara Raja, Minda: How to trade EV-related stocks ahead of Budget 2022?

Budget 2022 can spark much awaited upside in the EV related stocks

Caution advised: ICICI Bank, TCS, L&T among 8 overbought stocks in Nifty 50

There are other stocks which may show breakout structure, but still possesses the risk of high volatility and momentum, that may shift in any situation.

Vaishali Parekh of Prabhudas recommends buying Escorts, Tata Consumer

Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher

Metals poised for a rally, suggest charts; JSPL, Tata Steel are top picks

A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.

Titan, Kalyan Jewellers: 5 jewellery related shares to bet ahead of Q3 nos

Jewellery stocks are likely to shine in coming months on the back of likely strong Q3 performance owing to the festive demand

Brent tests $85: Invest in these stocks to benefit from surging oil prices

Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.

Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further

TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100