Consolidation breakout can take Nifty to 23,400: Analysts

Consolidation breakout can take Nifty to 23,400: Analysts

The strength in the market is expected to continue this week. Technical analysts predict Nifty could reach 23,400. Recommended stocks for trading this week include Reliance, SBI, L&T, Tata Power, Tata Steel, JSW Energy, Granules, JK Cement, BEL, Ashok Leyland, TVS Motors, RCF, Tata Tech, and Tata Elxsi. DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES … Read more

Support above 18,900 can take Nifty to 19,700: Analysts

Support above 18,900 can take Nifty to 19,700: Analysts

Technical charts indicate Nifty could extend its recordbreaking run and the upward momentum acceleration towards 19,700 in the coming month. HDFC twins, Mahindra & Mahindra, Reliance Industries, L&T, Bajaj Auto, Hero Moto, JSW Steel, Bharti Airtel, Indian Hotels, HEG, Persistent Systems, Gabriel, and BEL, are some of the stocks recommended by technical analysts for short-term … Read more

Stay invested in outperforming sectors: Analysts

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The Nifty could test 17,500 in the coming days after a sharp rise in recent weeks, said technical analysts. The index is up nearly 10% since August. It gained 3.7% last week to close at 17,323.60 and outperformed most regional peers except Japan and China. Reliance and TCS are being favoured among the large-cap stocks … Read more