expertadvice

May 13, 2022 06:47 AM IST

Trade Spotlight | What should you do with Indiabulls Housing Finance, Skipper, Man Industries on Friday?

On daily and weekly charts, Skipper has formed double bottom formation. Post short term correction, the stock took the support near Rs 55 and bounced back sharply.

Hot Stocks | Bet on Gujarat Gas, Avanti Feeds, TCS for 10-19% return in short term. Here's why

The RSI indicator plotted on the weekly charts is moving upward from oversold region and it is sustaining above 40 mark with the formation of higher low indicating positive momentum of Avanti Feeds.

Technical View | Nifty forms bearish candle, needs to defend March low of 15,671

If the Nifty slips below 15,671 in the coming sessions, it can fall to 15,000, experts have said

Trade Spotlight | What should you do with Gujarat Gas, SRF, Navin Fluorine International today?

Hot Stocks | Here's why you should buy Infosys, Kotak Mahindra Bank for short term

After consolidating for more than four months, Kotak Mahindra Bank has given a breakout of a triangle pattern on the daily chart.

Technical View | Nifty forms Hammer pattern, pullback trade likely

The volatility index climbed above 24 levels, giving comfort to bears. Hence, it has to fall below the 20 mark to have a stable market. India VIX was up by 2.24 percent to close at 22.80 levels.

Trade Spotlight | What should you do with GNFC, PVR, Eicher Motors today?

Eicher Motors is in a consolidation phase as the prices have been oscillating within a broad channel. Until the stock surpasses above the resistance of the channel, one should avoid bottom fishing here and existing longs, too, can be lightened on pullback move towards the resistance zone.

Hot Stocks | Double-digit return in Varun Beverages, ABB India, Minda Industries possible in short term. Here's why

Varun Beverages is in strong bullish momentum where it is consolidating above its 20-DMA amid weakness in the overall market. It is likely to break out on the upside to resume its uptrend.

Technical View | Nifty forms Inverted Hammer pattern, experts say risk-takers can create fresh longs

Volatility inched up further. India VIX, which measures the expected volatility in the market, rose 1.22 percent to 22.30 levels

Foreign brokerages cut target price of these 10 stocks; do you own any?

HDFC Life Insurance, HUL, Britannia, Wipro, UltraTech Cement and Indus Towers are among the ten stocks in which foreign broking houses cut the target price.

Trade Spotlight | What should you do with Federal Bank, Indus Towers, Tata Teleservices on Tuesday?

Tata Teleservices is consolidating in a triangle formation and has started moving higher after finding support near Rs 120. The RSI is neutral as it finds support near the 50-mark

Hot Stocks | TCS, Power Mech Projects, NOCIL can give up to 10% return in short term, here's why

NOCIL is placed above 20, 50 and 200-day EMAs, which indicate a bullish trend in all time frames. Indicators and oscillators like RSI, DMI and MACD are showing strength in the current up move

Technical View | Nifty forms Spinning Top, experts see some hope of recovery

Volatility increased further and climbed above 22 levels, which experts say can bring more volatile swings in the market

Top 10 trading ideas by experts for next 3-4 weeks as bears rule Dalal Street

ITC has shown a relative outperformance within the FMCG space in last few weeks. In spite of the market correction in last week, this stock has managed to give positive returns and the '20 DEMA' has been acting as a support

One of best earnings growth story among largecaps: Analysts react to RIL’s Q4 performance

The refining business was the key driver of the performance for RIL in the March quarter.

Trade Spotlight | What should you do with Abbott India, ITC, Power Grid Corporation on Monday?

Power Grid Corporation of India is in a strong uptrend across all timeframes and is approaching an all-time high breakout of Rs 241

Hot Stocks | Here is why you should buy Hero MotoCorp and sell SRF in short term

On May 6, Hero MotoCorp saw a smart surge despite the selloff in the market. The stock has confirmed a higher top, higher bottom formation on the daily chart

With staggered option strategies, it is never too late to ride the trend

Despite being late in trading the fall, we can profit from it by limiting the loss potential using a staggered options strategy, says Shubham Agarwal

Technical View | Nifty forms bearish candle on weekly charts, 16,150 can be next logical downside target

Experts feel the consistent weakness for the fourth consecutive week is a clear indication of bears' dominance in the market, which could bring down the index to 16,150-16,000 levels.

Foreign brokerages raise target of these 10 stocks; do you own any?

Cholamandalam Investment and Finance, Reliance Industries, ICICI Bank, Adani Ports, Tata Steel, Godrej Properties, Mahindra & Mahindra Financial Services, Maruti Suzuki, SBI Cards & Payment Services and IndusInd Bank are among the top 10 stocks for which foreign brokerages raised the target price.

Trade Spotlight | What should you do with ABB India, Tech Mahindra, Dixon Technologies on Friday?

Technically, the medium term chart formation in Tech Mahindra is still on the weak side but due to temporary oversold situation, a sharp pullback rally from the current level is not ruled out.

Hot Stocks | NLC India, Power Grid Corporation, Tata Chemicals can give healthy double digit returns in short term, here's why

Power Grid has made fresh life time highs this week and is sustaining at higher levels which shows strong strength of the stock. On weekly charts the stock has been taking support at 20 week SMA since November 2020 indicating bullish undertone for the medium to long term.

Technical View | Nifty forms bearish candle, expect consolidation if index holds 16,623

Experts say if the index sustains above Thursday's low of 16,623 levels in the coming days, then consolidation can be seen, while decisive breaking of 16,900 levels can take the index to above the 17,000-mark.

Biocon, Atul, GNA Axles, Indian Hotels among 11 mid and smallcaps showing double digit upside

Indian Hotels Company, Coromandel International, Nippon Life India Asset Management, AU Small Finance Bank, Mahindra Logistics, Laurus Labs are among the top 11 mid and smallcap stocks Sharekhan expects will clock double digit returns.

Hot Stocks | Decent returns in Vedanta, Cholamandalam Investment possible in near term, here's why

The price action on the daily chart of Vedanta in the last few days has led to the formation of a ‘Head and Shoulders’ pattern. This pattern, which is formed after a significant uptrend indicates a change in short term trend and hence we expect some price correction in the stock in near term.