Latest news with #IndianVIX
Time of India
18-06-2025
- Business
- Time of India
Stocks to buy today: Indus Towers, Tata Elxsi among 6 trading ideas for 18 June 2025
The Indian market is likely to consolidate on Wednesday, tracking mixed global cues. The Nifty50 index closed 93 points lower at 24,853 on Tuesday. Indian VIX fell nearly 3% to close at 14.40 in the previous session. The daily Relative Strength Index (RSI) has eased to 52, down from recent peaks, suggesting a loss of momentum but not a reversal yet. Meanwhile, MACD remains in negative crossover mode, reflecting the consolidation phase. Technically, the Nifty50 is holding above the 20-day SMA at 24,830, but failed to reclaim the 25,000 zone, which continues to act as a stiff hurdle. 'The price action is largely sideways within a narrow band, showing indecision post the recent recovery,' Om Mehra, Technical Research Analyst, SAMCO Securities, said. 'The immediate support is seen at 24,700, followed by 24,650. On the upside, the 25,000-25,170 range remains a key resistance band; a close above this level may revive bullish sentiment,' he added. The Nifty Bank ended the session at 55,714.15, down 0.41% on Tuesday, forming a mild bearish candle after facing resistance near the 56,000 zone. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas told ETBureau Chambal Fertilisers & Chemicals Ltd: Buy| Target Rs 572| Stop Loss Rs 545 Asahi India Ltd : Buy| Target Rs 787| Stop Loss Rs 738 Indus Towers Ltd : Buy| Target Rs 411| Stop Loss Rs 382 Expert: Kunal Bothra, Market Expert told ETNow PB Fintech Ltd : Buy| Target Rs 1990| Stop Loss Rs 1920 Tata Elxsi Ltd : Buy| Target Rs 6800| Stop Loss Rs 6250 Supreme Industries Ltd : Buy| Target Rs 4770| Stop Loss Rs 4560 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) ETMarkets WhatsApp channel )
Time of India
09-06-2025
- Business
- Time of India
Stocks to buy today: Bharat Forge, Trent among 5 trading ideas for Monday, June 9, 2025
Live Events We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, told ETBureau F&O Strategy – (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Indian market is likely to trade higher on Monday, tracking positive global Nifty future closed positively with gains of 0.92% at 25090 levels on Friday. Indian VIX fell more than 3% to close at 14.63 in the previous trading the options front, the maximum Call OI is placed at 25500 and then towards 26000 strikes, while the maximum Put OI is placed at 25000 and then towards 24800 writing is seen at 25500 and then towards 25600 strikes, while Put writing is seen at 25000 and then towards 24900 strikes.'Options data suggests a broader trading range in between 24500 to 25500 zones while an immediate range between 24800 to 25200 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said.'On the weekly chart, the index formed a strong bullish candle and is now on the verge of a potential Pole & Flag breakout. It formed a bullish candle on the daily chart on Friday as well, continuing its sequence of higher lows for the last three sessions,' he added.'Now the index has to hold above 25000 zones for an up move towards 25200, then 25400 levels, while on the downside support is seen at 24850, then 24700 zones,' recommended Target Rs 1355| Stop Loss Rs 1266Buy| Target Rs 2020| Stop Loss Rs 1855Buy| Target Rs 260| Stop Loss Rs 241Buy| Target Rs 200| Stop Loss Rs 185Buy| Target Rs 6000| Stop Loss Rs 5675: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
09-06-2025
- Business
- Economic Times
Stocks to buy today: Bharat Forge, Trent among 5 trading ideas for Monday, June 9, 2025
Indian market is likely to trade higher on Monday, tracking positive global cues. ADVERTISEMENT The Nifty future closed positively with gains of 0.92% at 25090 levels on Friday. Indian VIX fell more than 3% to close at 14.63 in the previous trading session. On the options front, the maximum Call OI is placed at 25500 and then towards 26000 strikes, while the maximum Put OI is placed at 25000 and then towards 24800 strikes. Call writing is seen at 25500 and then towards 25600 strikes, while Put writing is seen at 25000 and then towards 24900 strikes. 'Options data suggests a broader trading range in between 24500 to 25500 zones while an immediate range between 24800 to 25200 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. 'On the weekly chart, the index formed a strong bullish candle and is now on the verge of a potential Pole & Flag breakout. It formed a bullish candle on the daily chart on Friday as well, continuing its sequence of higher lows for the last three sessions,' he added. ADVERTISEMENT 'Now the index has to hold above 25000 zones for an up move towards 25200, then 25400 levels, while on the downside support is seen at 24850, then 24700 zones,' recommended Taparia. Bharat Forge: Buy| Target Rs 1355| Stop Loss Rs 1266 ADVERTISEMENT Oberoi Realty: Buy| Target Rs 2020| Stop Loss Rs 1855 Manappuram Finance: Buy| Target Rs 260| Stop Loss Rs 241 ADVERTISEMENT L&T Finance (June 26 Expiry): Buy| Target Rs 200| Stop Loss Rs 185 Trent (June 26 Expiry): Buy| Target Rs 6000| Stop Loss Rs 5675 ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
