Page 15 - Avdhut Bagkar

Will the market up move sustain in August?

Domestic equity markets firmed up in July as slower FII outflows and robust corporate earnings lifted investor spirits. But is the recent recovery sustainable or is it only a short-term bounce?

M&M hits new historic high; may hit Rs 1,500 levels soon, charts show

M&M stock has formed a "Golden Cross" pattern, exhibiting a healthy up move

Adani Ports, ABB, NOCIL: Top 5 stocks that can rally up 15% in short-term

The broader markets have pulled back sharply, with the benchmarks Sensex and Nifty 50 now up 15 per cent each from the June lows.

Key technical indicators for rookie traders

Trading skills include a combination of various factors, including three indicators that one should know. They are price indicators, volume and basic momentum oscillators. Let's delve deeper them

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

Bajaj Finance can hit Rs 7600; Bajaj Finserv can reach Rs 15,400 levels

Both, Bajaj Finance and Bajaj Finserv, may enter a long-term bull run if the current levels are held decisively for few more sessions

Spectrum auction and outlook for telecom stocks

The telecom stocks are back in the limelight amid the spectrum auction by the government. But are they worth your hard-earned money? Let's find out

5G Auction: Bharti Airtel, Voda Idea struggling below 200-DMAs, charts show

Despite the buzz in the telecom sector with the ongoing 5G spectrum auction, Bharti Airtel and Voda Idea need to break and sustain above their respective 200-DMAs for hopes a rally to emerge.

Tata Steel, Vedanta can surge 14%, provided they defy this chart formation

All metal stocks have "Death Cross", and if the current rally shows sustainability, the pullback rally would see added interest, indicate charts.

Prashant Jain quits HDFC AMC: Here's how the stock looks on the charts

Shares of HDFC AMC had rallied significantly post its debut in July 2018. However, after hitting a peak at Rs 3,681 in November 2019, the stock has since then declined over 50 per cent.

How to trade RIL, ICICI Bank, Infosys, UltraTech Cement post Q1 results?

ICICI Bank can rally to a new high if the stock manages to sustain above its 200-DMA; Infosys and UltraTech Cement too look promising, while Rs 2,350-level remains the key for Reliance Industries.

Sugar stocks in focus: Short-term reversal or have they bottomed out?

After the massive slaughtering post April 2022, sugar stocks consolidated in June and are now witnessing a pullback rally.

What is a pullback rally?

Markets witness pullback rallies or reversal, after witnessing steep one-sided moves. Our next report will help you understand the three key parameters to identify a pullback and how can you use it

Sensex at 85,000; Nifty at 25,000 by 2024? It's very much possible

However, for the markets to achieve this ambitious target, a number of variables at the fundamental level first need to fall into place to complete the jigsaw puzzle

IndusInd, AU SFB: Mid-cap banks roar as Nifty Bank fires above 36,000

Barring Federal Bank, other mid-cap banks like RBL Bank, IndusInd Bank, AU Small Finance Bank and IDFC First Bank are yet to conquer their crucial resistances

Q1 impact: Hindustan Unilever can rally to Rs 3,000-mark, indicates chart

The HUL chart has seen breakout of the 'Inverse Head and Shoulder' after the stock conquered the Rs 2,400-level, thus indicating an upside target of Rs 3,000 in the medium-term.

How to trade RIL, ONGC, Oil India post cut in windall tax? Find out

While the underneath trend seems positive, Reliance, ONGC and Oil India need to sustain above the major support levels for further gains.

Rupee breaches 80: Watch out these levels on forex-sensitive Infy, IndiGo

Among select export-oriented shares, Aurobindo Pharma seems well placed on the charts with a potential upside of 9 per cent in the near term.

Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show

Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.

Buzzing stocks of the day: Paytm, Monte Carlo can rally up to 20%

Shares of HDFC Bank seem placed in the accumulation zone, while HDFC needs to hold on to key moving averages. Charts also indicate a wait and watch approach for LIC of India.