Technical Analysis

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Index outlook: Market raring to move higher

The short-term outlook for the indices appears positive. Will the RBI lend a hand?

High Five Tata Steel resumes downtrend

Tata Steel resumes downtrend

Tata Steel (₹341.5) Tata Steel tumbled 6 per cent with good volume last week. It now tests a key support at ₹340. A strong fall can intensify the ...

High Five RIL tests key resistance at ₹900

RIL tests key resistance at ₹900

RIL (₹902.6) The stock of RIL surged 3.3 per cent last week and is currently testing the key resistance at ₹900. A decisive breakthrough of this ...

High Five Infosys in a strong up-move

Infosys in a strong up-move

Infosys (₹2041.8) Infosys surged 4.2 per cent moving out of the band between ₹1,900 and ₹2,000 last week. The stock has also moved slightly above ...

High Five ITC moves sideways

ITC moves sideways

ITC (₹328.4) Last week, the stock of ITC was volatile and closed the week on a marginally positive note. However, the short-term outlook is bearish ...

High Five SBI fails to break a key resistance

SBI fails to break a key resistance

SBI (₹282.4) The stock tested the significant resistance level of ₹290 and surged 6 per cent to record an intra-day high at ₹305 levels on Friday.

Your Stock Portfolio RCom sends a weak signal

RCom sends a weak signal

There is a possibility of the stock reversing higher from its long-term support

Future Perfect Bet on SBI with calendar spread

Bet on SBI with calendar spread

The stock of SBI (₹282) took a knock after the bank announced its March quarter results on Friday. However, the stock’s long-term outlook remains ...

Index Outlook: Rough road to derivative expiry

Stock prices can turn volatile again due to the derivative expiry on Thursday

High Five Tata Steel reverses down from key resistance

The stock of Tata Steel tested the key resistance at ₹380 and reversed down last Tuesday. Over the past three weeks, the stock has been moving ...

HIGH FIVE RIL hovers in a sideways band

Last week, the stock declined almost 2 per cent after testing the resistance at ₹900 levels. However, it continues to trade in a sideways range ...

HIGH FIVE Infosys trading in a range-bound manner

Infosys was choppy yet again last week and closed on flat note. The stock has formed another spinning top candlestick pattern in the weekly chart, ...

HIGH FIVE ITC close to crucial resistance

The stock of ITC has been moving sideways over the past few weeks in the ₹316-331 range. It hovers well below its 50- and 200-day moving averages. An ...

High Five SBI faces a key hurdle

Taking support at around ₹260, the stock of SBI surged 9.7 per cent last week. With this rally, it has decisively surpassed its 50- and 200-day moving ...

From the Ring Sold for a penny?

If you are an active market participant, chances are that at some point in your investing/trading career, you would have convinced yourself to buy ...

Future Perfect Short strangle on NTPC

The long-term outlook for NTPC (₹136.1) remains negative. However, in the short term, it is likely to move in a narrow range. It finds near-term ...

Your Stock Portfolio Coal India is trapped in a band

The stock has been consolidating sideways in the range of ₹340-₹400 since last year

Index outlook: Uneasy lies the market

Benchmarks are trying to stabilise. But resistances ahead can limit rallies

High Five Tata Steel is hovering below a key resistance

Tata Steel (₹366.2) Tata Steel has been hovering below its key medium-term resistance level at ₹380 over the last two weeks. The immediate outlook ...

High Five RIL can head higher in the short term

RIL (₹889.9) RIL took support at ₹860 and surged 3 per cent. The outlook for this week is bullish. A rise to ₹910 and even to ₹930 — the 200-day ...

High Five Immediate outlook for Infosys is unclear

Infosys (₹1,958) The stock of Infosys took support at ₹1,911 and bounced back about 1 per cent. Although the stock can move up further to test ...

High Five ITC could move up in the short term

ITC (₹328) ITC found support at ₹316 and made a smart recovery over the last two trading sessions and closed higher by 2 per cent. Immediate ...

High Five SBI can test its key support at ₹255

SBI (₹261.8) The stock of SBI fell 3 per cent last week, extending its loss for the third consecutive week. The outlook is bearish. Resistances are ...

Future Perfect Bull call spread on HDIL

The medium-term outlook appears bullish for HDIL. The stock finds immediate support at ₹110 and the next crucial one at ₹99.30. A close below this ...

Your Stock Portfolio NTPC continues to lose steam

The stock has been consolidating sideways in the ₹130-164 band since May 2014

Index outlook: Stocks in choppy waters

For a positive trend to emerge, the indices must move above key levels

High Five Tata Steel (₹360.5)

Encountering resistance at ₹380, the stock reversed direction and fell 2.6 per cent last week. The reversal is backed by negative divergence in the ...

High Five RIL (₹862.8)

Amidst volatility, the stock fell almost 2 per cent in the previous week. It has marginally breached the key support at ₹870 as well as 21- and ...

High Five Infosys (₹1,942.4)

Last week, the stock extended its downtrend by declining 2.7 per cent and breaching its 200-day moving average. Though the medium- and short-term ...

High Five ITC (₹322.2)

After testing the key resistance band between ₹350 and ₹355, the stock plunged 7 per cent last week. A conclusive breach of ₹340 has turned the ...

High Five SBI (₹270)

The SBI stock fell 2 per cent last week, decisively breaching its 200-day moving average. With this, the stock appears to have resumed its short-term ...

Future Perfect Bull put spread on Idea Cellular

The outlook remains positive for Idea Cellular. The stock has support at ₹165 and resistance at ₹184. A conclusive close above the resistance will ...

Your Stock Portfolio HDFC is at a critical point

The stock is poised just above its key medium-term support of ₹1,150