if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally towards 42,000 level,
Hindustan Copper and Vedanta may fall up to 19 per cent due to their weak chart structures.
Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.
The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart
Death Cross on the Zee Entertainment may push stock in the bear grip
Barring PNB Housing Finance, other housing finance stocks indicate weakness, with selling pressure to mount further if crucial levels are breached.
On Wednesday, shares of Cera Sanitaryware, Jindal Stainless, Siemens, and Triveni Turbine recorded new all-time highs, despite weak market
Barring Sun Pharmaceutical Industries, which is anticipated to rally up to 10 per cent; other stocks indicate weak bias, as per technical charts
Oil & Natural Gas Corporation and Reliance Industries can rise up to 8 per cent
HAL sets to hit new all-time and may rise up to 9 per cent. BDL and BEL need to cross key hurdles to breakout.
Selective stocks like Bharat Petroleum Corporation, Divi's Laboratories, Hindalco Industries, Hero MotoCorp and State Bank of India, the technical charts are reflecting clear weakness.
Realty index may slip up to 7 per cent if stays beneath 400 level
The present scenario of new-age stocks reveals a pullback (rebound) in their stock prices, show technical charts
Biocon share may slip up to 21 per cent if breaks 52-week low
Mahindra & Mahindra Financial Services, Sonata Software Limited, and Blue Star may rise up to 10 per cent in the overbought territory of RSI.
The overall sentiment towards the cement stocks has remained lacklustre amid a gradual decline in their share prices, and a reduction in GST could help to lift this sentiment.
Descending Triangle breakdown on Nifty Bank index may see up to 5% decline
Back in 2012, when the stock climbed over the same average, the stock price doubled in three years. The 50-MMA has become a decisive indicator for the shares of Vodafone Idea.
A new all-time high on Nifty FMCG index may trigger up to 25 per cent upside in selective stocks
Shares of Tata Consultancy Services, Infosys, HCL Technologies, Coforge and Persistent Systems are indicating chart structures that reflect resumption of their short-to-medium term upmove.