Analysts remain divided on Nifty's next move as the index hovers near its 200-day EMA. A break above 25,510 could signal an upside reversal, while a fall below 25,350 may trigger deeper correction.
Qualcomm has underperformed the market, with 6% YTD returns compared to PHLX Semiconductor's 13%. The company is facing challenges in the mobile device market but is aiming for growth through AI and partnerships with other companies.
Heavy volumes are observed in a consolidation range, indicating the easing of selling pressure. The analyst sees a bullish phase if the stock sustains above ₹100.
Analysts spot fresh opportunities in Jio Financial and PNB but recommend watching for pullbacks and critical closes. Can Fin Homes and Greaves Cotton also enter the swing trade radar.
Early investors trimmed their stake in Nykaa, triggering a 4% stock slide. Despite technical support, the analyst advised caution due to poor RoE and high valuations.
Tata Motors has rebounded sharply from ₹560, reclaiming key moving averages and signaling short-term strength. The analyst says a break above ₹706 could open room for further upside.
The stock is finding strong support around ₹550, showing signs of a healthy consolidation. A breakout above ₹570 could trigger a bull run in three phases, the analyst said.
Technical indicators, such as the RSI, suggest that the stock may be in overbought territory, with profit booking likely in the short term. Overall, the chart structure is bullish, the analyst said
The Nifty Metal Index has climbed 4% over the past month and now sits just 6.2% below its 52-week high, supported by strong earnings, infrastructure demand, and favorable policy cues.
The analyst highlighted Indraprastha Medical Corp, Marsons, Himadri Speciality Chemical, Sanstar, and Raymond Lifestyle as stocks reclaiming key zones with unusual volume activity.
