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Diwali Technical Picks 2024: 7 stock recommendations for your portfolio - Samvat 2081 Picks

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[hfe_template id='11223'] [ad_1] IRFC Share Price 146.08 10:37 AM | 21 Oct 2024 -1.6(-1.09%) Suzlon Energy Share Price 71.58 10:37 AM | 21 Oct 2024 -0.61(-0.85%) IREDA Share Price 213.46 10:37 AM | 21 Oct 2024 -2.68(-1.24%) Tata Motors Share Price 907.8 10:37 AM | 21 Oct 2024 -2.36(-0.26%) YES Bank Share Price 21.16 10:37 AM | 21 Oct 2024 0.08(0.34%) HDFC Bank Share Price 1734.45 10:37 AM | 21 Oct 2024 52.61(3.13%) NHPC Share Price 82.91 10:37 AM | 21 Oct 2024 -1.22(-1.46%) RVNL Share Price 470.0 10:37 AM | 21 Oct 2024 -7.31(-1.53%) SBI Share Price 813.3 10:37 AM | 21 Oct 2024 -7.11(-0.87%) Tata Power Share Price 462.65 10:37 AM | 21 Oct 2024 9.1(2.01%) Tata Steel Share Price 155.29 10:37 AM | 21 Oct 2024 -0.1(-0.07%) Adani Power Share Price 608.9 10:37 AM | 21 Oct 2024 -2.5(-0.41%) PayTM Share Price 712.5 10:37 AM | 21 Oct 2024 -12.65(-1.75%) PNB Share Price 103.16 10:37 AM | 21 Oct 2024 -0.11(-0.11%) Zomato Share Price 257.6 10:37 AM | 21 Oct 2024 0.16(0.06%) BEL Share...

Tech View: Nifty likely to trade in a range

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[hfe_template id='11223'] [ad_1] Technical charts suggest the short-term trend of Nifty is likely to be range-bound with a weak bias. A move below the immediate support of 23,250 could indicate the beginning of a shortterm downward correction, according to technical analysts. For short-term trading, analysts recommend stocks such as SBI, IDFC First Bank, Granules, Infosys, HCL Tech, M&M Financial, PVR Inox, Max Financial, Tata Steel, and SAIL. SAMEET CHAVAN, HEAD RESEARCH TECHNICAL & DERIVATIVES, ANGEL ONE Where is Nifty headed this week? The small-bodied candle formations suggest that the bulls may be reaching their limit and could be waiting for an external trigger to continue their momentum. As the Nifty ventures into uncharted territory, it becomes challenging to identify the intermediate resistance. However, with the recent developments, 23,650-23,700 seem to pose a significant challenge, and a decisive closure could potentially trigger the next leg of the i...