Page 5 - Technical Analysis

Strategies for auto stocks as Centre proposes 'green tax' on old vehicles

Union Minister for Road Transport and Highways Nitin Gadkari's proposal to levy 'green tax' on old vehicles polluting the environment nudged investors to off-load auto stocks from their portfolio

Stock calls by Nilesh Jain of Anand Rathi: Buy Pidilite, Godrej Industries

Pidilite's stock is in a secular uptrend and has formed a bullish Harami candlestick pattern on the daily chart

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HUL indicates a positive trend reversal on technical charts

SBI Cards, HCL Tech: 88 stocks from Nifty500 show strength amid volatility

Adani Enterprises, Berger Paints (I), Bharti Airtel, Eicher Motors, Grasim Industries are among the other notable names

Here is how On Balance Volume indicator helps traders track smart money

In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend

Tech view: Bharti Airtel may rally another 15% once it scales all-time high

On the monthly time frame, the breakout above Rs 500 levels earlier has triggered strong upward momentum

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested

ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200

TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks

In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)

Different chart types used in technical analysis and how to read them

The three basic charts are: Line charts, Bar charts, and candlestick charts

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

Gold prices climb to 8-week high; is it time to invest in gold financiers?

The trend in Muthoot Finance's stock looks promising as it is trading well above the 200-days moving average (DMA) placed at Rs 1,059 levels

BEML, RCF: Divestment may trigger a breakout in PSU stocks, charts show

If the Nifty PSE Index sustains above 2,800 levels on the closing basis, it may see a rally towards 3,100 levels

Escorts, M&M: Tractor stocks could see 20-30% upside, charts suggest

Tractor stocks such as M&M and Escorts are indicating a bullish outlook for coming sessions

Cabinet approves 100% FDI in DTH sector; should you buy related stocks?

A sustained move above Rs 38 levels may see an aggressive upside in Hathway Cable and Datacom

Tech View: Dalal Street's top wealth creators of 2020 show further upside

The stock of Dixon Technologies has tripled during the current calendar year from the levels of Rs 3,800 to around Rs 12,535

Tata Steel, UPL, Tata Motors: Bear grip firm on stocks with UK exposure

A Gap down closing on December 21, 2020 dismantled the upside bias in Tata Steel stock

Nifty IT index, Infosys, TCS at record high; charts signal more upside

Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra

Himatsingka Seide, KPR Mill: Trading strategies for textile stocks

According to experts, demand from the home textile industry is expected to remain supportive in the near-to-medium term