NIFTY Top 10 Stocks Analysis

NIFTY top 10 stocks analysis for Swing (10-15 days) to Short term (25-30 days)

EQUITYCMPDFair ValueSwing Bias (10-15 days)Short-term Bias (30 days)BTR
RELIANCE1***BULLISHBULLISH1980-2000
HDFCBANK1***BEARISHBULLISH1370-1400
INFY1***BULLISHBEARISH1373-1423
HDFC2***BEARISHBEARISH2490-2510
TCS2***NEUTRALBEARISH3160-3210
ICICIBANK5**NEUTRALBULLISH550-560
KOTAKBANK1***NEUTRALBULLISH1760-1770
INDUSINDBK7**BULLISHBULLISH880-920
HINDUNILVR2***BEARISHBEARISH2380-2450
ITC1**NEUTRALBULLISH196-206
LT1***NEUTRALBULLISH1340-1360

*  Analysis last updated on 17 Apr 2021
D Delayed

Description:

CMP – Current Market Price (nearest last closing)

Fair Value – Fair valuation of the equity (subjective but used for knowing if the stock is overvalued or undervalued)

Swing Bias – Based on technical analysis of current trend (assuming no impact of news, events, etc)

Short-term Bias – Based on the probability of price behaviour (assuming no impact of news, events, etc)

BTR or Best Trade Entry/Exit Range – Based on the likelihood of price to reach a particular range before resuming or continuing short term bias. Can be used for exiting or entry depending on short term bias of the stock.

It is strongly recommended to trade as per your own Technical Analysis. Above mentioned information does not constitute a recommendation or advisory.

Disclosure:

All values are indicated as per technical and fundamental analysis at the time of calculations. Traders/investors are requested to do their own diligence or consult your financial analyst before taking a trade. Financial markets are highly risky instruments for trading or investing.

SEBI Registration – INH200006141 (Sachin Bhatia). The analyst does not have any position in any of the above mentioned equities.

Read risk disclosure and T&C.

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