In this article, We perform India Nifty Stocks Analysis. We will go through all the major Indian Nifty Index stocks. The price analysis is done on 6th January 2021. Please note, this analysis is for education purpose and you will be responsible for your own profit/losses.
Avanti Feeds has been trading between the range ₹ 520- ₹540. If the stock falls below ₹500, it could be a good opportunity for long term investment.
HiTech has major support at the 968 level.
Hero Motor Corporation showing some crossovers and GST auto-related news might give clear direction.
Shree cement is trading at a narrow range. The company is planning to set up a new plant in Maharasthra which is getting delayed due to the pandemic.
Bajaj Auto: There is a good amount of buying in recent weeks. It is near the overbought zone.
Bharti Airtel has crossover Rs492 but it looks narrow
LT showing an uptrend in the weekly chart but candles are not full. Be cautious.
Adani ports RSI is near 80 and better to stay light.
Titan has touched an all-time high after the pandemic but volume is low.
Bajaj Finance showed good buying in November which is now slow.
Cipla is trading above Moving average but volume is not big.
Sun Pharma showing consistent buying but candles are not full.
Tech Mahinda rallying the past couple of weeks due to Brexit.
BPCL is trading in a range but crude oil news can affect prices.
Mahindra & Mahindra is in an uptrend but candles look weak.
Dr. Reddy’s share buy volume was 30 million above in September and after that, price trading in narrow.
Bajaj Finserv has been bullish since November. There is a profit booking from the last couple of weeks.
Britannia is trading at a narrow range.
Hindustan Lever is showing good high buy volume after the weekly crossover chart.
UPL is trading in range-bound.
Kotak bank is highly bullish, especially in the second half of November.
The volume is low after December.
HDFC bank is non-directional after RBI restrictions.
Maruti is trading showed buying in the First fortnight and profit booking/selling in the second fortnight of December 2020.
Indiabulls Housing Finance is trading in narrow ranges.
Tata motors show strong support at 156 in the weekly chart.
Reliance shows a narrow range from August 2020.
Wipro is closing to overbought territory.
Spicejet is trading above 8,34 Exponential Moving average.
Prestige is trading in a narrow range after huge buying in August 2020.
JSWSteel is trading at an all-time high after the pandemic and near to the overbought zone.
Coal India is trading at 125-145 levels for a couple of months.
Bank of Baroda shows some buying after November. It is trading near 65.
DLF is trading above 240 level. There is some spurt in the price expected.
Wipro is closing to overbought territory.
Spicejet is trading above 8,34 Exponential Moving average.
Prestige is trading in a narrow range after huge buying in August 2020.
JSWSteel is trading at an all-time high after the pandemic and near to the overbought zone.
Coal India is trading at 125-145 levels for a couple of months.
Bank of Baroda shows some buying after November. It is trading near 65.
DLF is trading above 240 level. There is some spurt in the price expected.
Reliance Capital and Idea is not covered as they are penny stocks. For detailed India Nifty Stocks Analysis and technical training , contact us
