Page 3 - Technical Calls

Nifty IT, Nifty Auto: Charts signal pullback; Check levels to keep on radar

As per Ravi Nathani, prevailing indications suggest a higher likelihood of a downward trigger in Nifty Auto given the negative bias in the technical indicators

Nifty PSU Bank, Nifty Private Bank overbought on charts: How to trade?

The identified consolidation range for Nifty PSU Bank is between 5,864 and 5,581 and a close above or below this range would serve as a trigger, says Ravi Nathani

Nifty in overbought zone, Wait for dips in Nifty Bank before fresh buying

An optimal approach for Nifty Bank involves patiently awaiting dips and pullbacks to key support levels situated at 46,300, 45,825 and 45,410, says Ravi Nathani

Chart check: Wait for dips in Nifty FMCG; book out profits in Nifty Energy

Traders are advised to exercise patience and wait for opportune moments to capitalize on potential price dips in Nifty FMCG and its stocks, says Ravi Nathani

Minor pullback in Nifty IT; range-bound movement in Nifty Auto likely

The optimal trading strategy for risk-tolerant traders involves selling Nifty IT either at the current levels or on upward movements, suggests Ravi Nathani

Nifty Financial Services, Nifty Private Bank: Avoid taking short positions

Consider booking profits on upward movements in Nifty Financial Services, suggests Ravi Nathani

Nifty resistance seen at 20,475-20,575; Bank Nifty likely to join rally

As per Ravi Nathani, the trading strategy for Nifty should be to book profit at resistance levels, adopting a cautious stance as the overall trend on charts remains bullish with strong signals

Nifty Metal, Nifty Pharma: 'Sell on rise' as charts suggest likely pullback

Technical indicators such as RSI and Stochastic are currently situated in the overbought zone for the Nifty Pharma index, said Ravi Nathani

Sell on Rise: Nifty FMCG and Nifty Auto ripe for profit booking

A decisive close above 16,880 is essential to trigger a renewed wave of bullish sentiment in both Nifty Auto and its constituents, said Ravi Nathani

GNFC, Canara Bank strong on charts; top technical picks by HDFC Securities

As per Vinay Rajani, in the October series, GNFC has seen a long build-up in the derivative segment, which confirms the uptrend

Nifty Auto eyes fresh selling below this level; Buy Nifty IT near support

As per Ravi Nathani, traders should wait for the correction to complete and start buying Nifty IT index at or near the support level of 29,800

Buy Nifty PSU Bank at this support; Nifty FMCG strategy eyed in this range

As per Ravi Nathani, adopting a buy-low, sell-high strategy for Nifty FMCG within the established range is the most prudent course of action

Nifty Financial, Nifty Private Bank: Trading strategy for near-term decline

As per Ravi Nathani, the Nifty Private Bank index is poised to encounter a stronghold of support at 22,200, according to chart analysis.

Nifty50 index to consolidate in near-term; Buy Bank Nifty on dips: Nathani

Buy the Bank Nifty index either at the current market price of 43,600 or seize the opportunity below this threshold, says Ravi Nathani

Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy

The prevailing bias suggests a positive outlook, emphasizing a buy-on-dips strategy for Nifty Auto and its components, said Ravi Nathani

Buy Max Financial Services October Futures, suggests HDFC Securities

RSI Oscillators is sloping upwards and placed above 50 on the daily chart, indicating strength in the stock, says Nandish Shah

Sell Nifty PSU Bank on rise; buying opportunity in Nifty FMCG at this level

According to Ravi Nathani, traders eyeing Nifty FMCG index might find value in purchasing when the index nears the lower limit of its current range

Nifty Financial, Nifty Private Bank: Wait for these breakouts for direction

According to Ravi Nathani, initiating trades before the breakout occurs is laden with risk, traders should act once the breakout signals the market's chosen direction

Nifty struggling to cross 20-DEMA; UCO Bank, Lemon Tree top technical picks

As per Vinay Rajani, Nifty's 20 DEMA is placed at 19,700 odd levels. A sustainable level above this could result in a bullish trend reversal in Nifty

Nifty50, Bank Nifty: Buy when the indices approach these support levels

According to Ravi Nathani, caution is paramount as the Nifty index teeters precariously near a significant support level at 19,600