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Nifty: Nifty bullish on charts, could aim at 24,500 : Analysts - The Economic Times

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class="bold">Synopsis</div><h2 class="summary">Stocks such as L&amp;T Technology Services, Bharti Airtel, HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Labs, DLF, and National Aluminium show bullish chart patterns, indicating potential upside moves, according to analysts.</h2></div><article competitionClients="" currency_ad="1" data-apw="1" class="artData clr paywall" data-company-id="11997"><div class="imgBox smallImg"><figure class="artImg"><img height="158" width="210" alt="Nifty" src="https://img.etimg.com/thumb/msid-115639250,width-210,height-158,imgsize-88022,resizemode-75/nifty.jpg"><span class="imgAgency">Getty Images</span><figcaption class="figCap">Stocks such as L&T Technology Services, Bharti Airtel, HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Labs, DLF, and National Aluminium show bullish chart patterns, indicating potential upside moves, according to analysts.</figcaption></figure></div><div data-brCount="31" class="artText">Technical <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/analysts" target="_blank">analysts</a> expect the <a data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="/indices/nifty_50_companies">Nifty</a> to extend Friday’s upward momentum, potentially reaching the 24,500 zone. However, a break below 23,500 could trigger <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/selling-pressure" target="_blank">selling pressure</a>, dragging the <a data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="/definition/index">index</a> toward 23,300–23,000 levels. <br><br>Stocks such as L&T Technology Services, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/bharti-airtel-ltd/stocks/companyid-2718.cms">Bharti Airtel</a>, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/hcl-technologies-ltd/stocks/companyid-4291.cms">HCL Tech</a>, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms">Infosys</a>, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/tech-mahindra-ltd/stocks/companyid-11221.cms">Tech Mahindra</a>, <a rel="dofollow" href="/ipca-laboratories-ltd/stocks/companyid-10587.cms" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank">Ipca Labs</a>, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/divis-laboratories-ltd/stocks/companyid-3635.cms">Divis Labs</a>, <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/dlf-ltd/stocks/companyid-12393.cms">DLF</a>, and <a rel="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="https://economictimes.indiatimes.com/national-aluminium-company-ltd/stocks/companyid-11997.cms">National Aluminium</a> show bullish chart patterns, indicating potential upside moves, according to analysts.<br><div data-mid-newpos-mgid="mgid_115639257" id="div-mgid-mid-newpos-115639257"></div><div data-url="/articleshow_stocks_widget.cms?companies=11997,4291,10587,2718,10960,12393,11221,3635" id="stockDataWidget"></div><div style="margin-bottom:45px;" hello="5" class="adBox custom_ad taboola" data-taboola="taboola_115639257"><div class="colombia colombiaAd" data-section="0" data-position="115639257" data-slot="532740" col="4" data-msg="ctnCallbackHandler" id="div-clmb-ctn-208630-115639257-31"></div><div id="v-economictimes-indiatimes-v3"></div><div data-placement="Mid Article Thumbnails" data-target_type="mix" data-mode="thumbnails-mid" style="min-height:400px; margin-bottom:12px;" class="wdt-taboola" id="taboola-mid-article-thumbnails-115639257"></div></div><br><strong>RAJESH PALVIYA<br></strong>HEAD TECHNICAL DERIVATIVES, AXIS SECURITIES<br><br><strong>Where is Nifty headed this week?</strong> <br><div class="stockpro_widget"></div>After seven consecutive weeks of negative close, the index has formed a small bullish candle with a long lower shadow on weekly chart, indicating buying support at lower levels. Chart pattern suggests that if Nifty crosses and sustains above 24,000, it could experience buying pressure, pushing the index toward 24,300-24,600. However, if the index breaks below 23,500, it may face selling pressure, leading to a decline toward 23,300-23,000. 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Rohit Srivastava, Founder- Indiacharts.com</p><button class="view">View Program <span></span></button></div></a></li></ul></div><div class="nextprev-btn"><span class="arrow_btn prev-btn cSprite disable"></span><span class="arrow_btn next-btn cSprite"></span></div><div class="ts-dots"><ul class="sliderContainer"></ul></div></div><!--/include_growfast.cms?pagename=article&skipcss=1&ismarket=1potime:2--><strong>What should investors do?</strong> <br><div data-mid-vdoai="vdoai_115639257" id="div-vdoai-mid-115639257"></div>We expect IT, pharma, real estate, and metals to show a bullish trend. Attention should be on stocks like HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Lab, DLF, Godrej Properties, JSW Steel, and National Aluminium for potential upside momentum. This week, traders can implement a moderately bullish strategy with reduced premium outflow and a lower break even point called the Call Spread of 28 Nov expiry. Buy one lot of the 23,900 Call for Rs 190 and sell one lot of the 24,200 Call for Rs 67. This results in a net outflow, or maximum loss, limited to Rs 3,075. If Nifty closes above the breakeven point of 24,023 on expiry, the strategy will start generating profits up to Rs 4,425<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID_INTL_300" data-loc="100" id="div-gpt-ad-858478126-1-115639257" class="country_specAD"></div><strong>PRITESH MEHTA<br></strong>EXECUTIVE VICE PRESIDENT – RESEARCH, YES SECURITIES<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="2" id="div-gpt-ad-858478132-1-115639257" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="5" id="div-gpt-ad-858478132-1-115639257" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="3" id="div-gpt-ad-858478132-1-115639257" class="country_specAD2nd"></div><strong>Where is the Nifty headed?</strong> <br>Nifty found respite around the confluence of support zone which is a three-digit Gann number of 23,300, a 61.8% retracement of its entire move from a low of election day outcome to all-time high and bullish crossover in our customised breadth of Nifty & Bank Nifty. We expect the index to build on Friday’s comeback and gradually move higher towards the 24,500 zone. Our customised Nifty top 10 index has rebounded off the support zone, implying strength in index biggies. 23,300 is likely to act as major support. Sustenance of Bank Nifty above 200-DMA is essential for follow-through moves.<br><br><strong>What should investors do? <br></strong>Nifty IT has been a major mover and an outperformer. The ratio of IT vs Nifty is trading comfortably above the 2023 peak, we expect strength to persist in this space. TechM and HCLTech are likely to witness followthrough moves of 8-10% in the next few weeks. Nifty Metal index is holding onto multiple support zones. Pullback trade is likely to play out in this space. National Aluminium is outperforming the metals index, we expect the strength to continue. National Aluminium has seen a series of double top buys and a bullish turtle break, suggesting a move of 10%.<br><br><br><strong>RAHUL SHARMA<br></strong>HEAD - TECHNICAL & DERIVATIVE RESEARCH, JM FINANCIAL SERVICES<br><br><strong>Where is the Nifty headed?</strong> <br>The weekly chart shows a piercing candle with a 50% retracement of the previous week’s red candle. Friday’s momentum suggests Nifty could head towards 24,200–24,400. However, this should be viewed as a trading bounce unless significant changes in market data occur over the next few days. Nifty has a support level of 23,800, and 23,500; and resistance levels of 24,200, 24,400, and 24,770. Expect Bank Nifty to join the upmove once it crosses 51,400. Additionally, the IT index has shown a fresh breakout after 2.5 months of sideways movement, indicating that IT stocks may outperform going forward. <br><br><strong>What should investors do?</strong> <br>Investors can look to exit positions in which they have been stuck around the 24,200-24,400 mark. Alternatively, sector rotation can be done, especially into IT stocks. Buy Bharti Airtel: After weeks of correction, signs of a reversal are emerging. Targets Rs 1,640 and Rs 1,670. Maintain a stop loss at Rs 1,510. Breaking out from two months of underperformance, L&T Technology Services shows potential for targets of Rs 5,700 and Rs 5,800. Maintain a stop loss at Rs 5,150 for long positions.<br><style> #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} </style><!--/article_liveblog.cms?msid=105115637&pos=botpotime:2--><div class="hide_content mt10"><div><a target="_blank" href=""></a></div><!--/rigi_hyperlink.cmspotime:1--></div><div class="inSideInd"><br><br><em>(You can now subscribe to our <a rel="nofollow" href="https://www.whatsapp.com/channel/0029VaAr2nxHbFV91x3BKx10" target="_blank" data-ga-onclick="WhtsApChnl#Click_Web#Markets">ETMarkets WhatsApp channel</a>)<br></em></div></div><div class="clr"></div><div class="clr"></div><div class="rating_block hide ftr custom_ad"></div><div class="inSideInd"><div class="clearfix relTopics raltedTopics" data-ga-action="Widget Read More News"><h4 class="uc">Read More News on</h4><div><a data-track="ReadMore1" data-ga-onclick="1 - href" href="/indices/nifty_50_companies" target="_blank">Nifty</a><a data-track="ReadMore2" data-ga-onclick="2 - href" href="https://economictimes.indiatimes.com/national-aluminium-company-ltd/stocks/companyid-11997.cms" target="_blank">national aluminium</a><a data-track="ReadMore3" data-ga-onclick="3 - href" href="https://economictimes.indiatimes.com/hcl-technologies-ltd/stocks/companyid-4291.cms" target="_blank">hcl tech</a><a data-track="ReadMore4" data-ga-onclick="4 - href" href="/ipca-labs/stocks/companyid-10587.cms">ipca labs</a><a data-track="ReadMore5" data-ga-onclick="5 - href" href="https://economictimes.indiatimes.com/bharti-airtel-ltd/stocks/companyid-2718.cms" target="_blank">bharti airtel</a><a data-track="ReadMore6" data-ga-onclick="6 - href" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms" target="_blank">infosys</a><a data-track="ReadMore7" data-ga-onclick="7 - href" href="https://economictimes.indiatimes.com/dlf-ltd/stocks/companyid-12393.cms" target="_blank">dlf</a><a data-track="ReadMore8" data-ga-onclick="8 - href" href="https://economictimes.indiatimes.com/tech-mahindra-ltd/stocks/companyid-11221.cms" target="_blank">tech mahindra</a><a data-track="ReadMore9" data-ga-onclick="9 - href" href="/topic/selling-pressure">selling pressure</a><a data-track="ReadMore10" data-ga-onclick="10 - href" href="/topic/analysts">analysts</a></div></div></div><div data-placement="Below Article Thumbnails" data-target_type="mix" data-mode="thumbnails-below" style="margin-bottom:12px;" class="wdt-taboola" id="taboola-eoa-article-thumbnails-115639257"></div><div class="inSideInd"><div class="disclamerText disc_ellipsis"><p>(What's moving <a href="https://economictimes.indiatimes.com/indices/sensex_30_companies">Sensex</a> and <a href="https://economictimes.indiatimes.com/indices/nifty_50_companies">Nifty</a> Track <a href="https://economictimes.indiatimes.com/markets/stocks">latest market news</a>, <a href="https://economictimes.indiatimes.com/markets/stocks/recos">stock tips</a>, <a href="/budget">Budget 2024</a> and <a href="https://economictimes.indiatimes.com/markets/expert-view">expert advice</a>, on <a href="https://economictimes.indiatimes.com/markets">ETMarkets</a>. 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data-oop="0" data-loc="All" data-adtype="atf300" class="adSelector2 adsbg300 adMinH250 prime_ads"></div><!--/dfpads_all.cms?msid=115639257&adpos=atfpotime:3--><section class="mostSearchedStocks js_mostSearchedStocks mpNews mt20"><h2 class="heading3 heading">Most Searched Stocks</h2><table><tbody><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-railway-finance-corporation-ltd/stocks/companyid-12523.cms" title="IRFC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IRFC Share Price</a></td><td class="stockValue">146.63</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.48(3.16%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/suzlon-energy-ltd/stocks/companyid-1209.cms" title="Suzlon Energy Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Suzlon Energy Share Price</a></td><td class="stockValue">65.53</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.32(0.48%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms" title="IREDA Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IREDA Share Price</a></td><td class="stockValue">191.4</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.91(3.19%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-motors-ltd/stocks/companyid-12934.cms" title="Tata Motors Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Motors Share Price</a></td><td class="stockValue">796.05</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.05(0.64%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/yes-bank-ltd/stocks/companyid-16552.cms" title="YES Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">YES Bank Share Price</a></td><td class="stockValue">19.58</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.37(1.93%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms" title="HDFC Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HDFC Bank Share Price</a></td><td class="stockValue">1772.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">26.61(1.53%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nhpc-ltd/stocks/companyid-12536.cms" title="NHPC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NHPC Share Price</a></td><td class="stockValue">82.99</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.83(4.84%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rail-vikas-nigam-ltd/stocks/companyid-18466.cms" title="RVNL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RVNL Share Price</a></td><td class="stockValue">439.15</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">18.95(4.51%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms" title="SBI Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SBI Share Price</a></td><td class="stockValue">845.6</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">29.56(3.63%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-power-company-ltd/stocks/companyid-12918.cms" title="Tata Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Power Share Price</a></td><td class="stockValue">416.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.45(0.6%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-steel-ltd/stocks/companyid-12902.cms" title="Tata Steel Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Steel Share Price</a></td><td class="stockValue">144.7</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.92(1.35%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-power-ltd/stocks/companyid-23479.cms" title="Adani Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Power Share Price</a></td><td class="stockValue">460.4</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-0.06(-0.02%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms" title="PayTM Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PayTM Share Price</a></td><td class="stockValue">889.15</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-11.81(-1.31%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/punjab-national-bank/stocks/companyid-11585.cms" title="PNB Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PNB Share Price</a></td><td class="stockValue">104.53</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.72(4.72%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms" title="Zomato Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Zomato Share Price</a></td><td class="stockValue">278.86</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">14.67(5.55%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-electronics-ltd/stocks/companyid-11945.cms" title="BEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BEL Share Price</a></td><td class="stockValue">293.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">13.1(4.67%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-heavy-electricals-ltd/stocks/companyid-11831.cms" title="BHEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BHEL Share Price</a></td><td class="stockValue">243.7</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.32(3.98%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms" title="Infosys Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Infosys Share Price</a></td><td class="stockValue">1886.35</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-15.91(-0.84%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-railway-catering-tourism-corporation-ltd/stocks/companyid-16705.cms" title="IRCTC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IRCTC Share Price</a></td><td class="stockValue">820.6</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">12.0(1.49%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms" title="ITC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">ITC Share Price</a></td><td class="stockValue">473.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-0.85(-0.18%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jio-financial-services-ltd/stocks/companyid-14555.cms" title="Jio Financial Services Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Jio Financial Services Share Price</a></td><td class="stockValue">319.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.15(1.96%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/life-insurance-corporation-of-india/stocks/companyid-5050.cms" title="LIC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">LIC Share Price</a></td><td class="stockValue">904.05</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">14.55(1.64%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" title="RIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RIL Share Price</a></td><td class="stockValue">1292.15</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">26.75(2.12%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hindustan-aeronautics-ltd/stocks/companyid-9206.cms" title="HAL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HAL Share Price</a></td><td class="stockValue">4276.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">165.2(4.02%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jaiprakash-power-ventures-ltd/stocks/companyid-1513.cms" title="JP Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">JP Power Share Price</a></td><td class="stockValue">16.34</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.04(0.25%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nbcc-india-ltd/stocks/companyid-4531.cms" title="NBCC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NBCC Share Price</a></td><td class="stockValue">94.58</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.46(6.12%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms" title="TCS Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">TCS Share Price</a></td><td class="stockValue">4287.05</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">42.45(1.01%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vedanta-ltd/stocks/companyid-13111.cms" title="Vedanta Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vedanta Share Price</a></td><td class="stockValue">445.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.2(0.05%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms" title="Wipro Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Wipro Share Price</a></td><td class="stockValue">581.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.56(1.68%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-oil-corporation-ltd/stocks/companyid-11924.cms" title="Indian Oil Corp. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Indian Oil Corp. Share Price</a></td><td class="stockValue">137.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.39(3.32%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ircon-international-ltd/stocks/companyid-11980.cms" title="Ircon Intl. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ircon Intl. Share Price</a></td><td class="stockValue">196.1</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">8.54(4.56%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/steel-authority-of-india-sail-ltd/stocks/companyid-11974.cms" title="SAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SAIL Share Price</a></td><td class="stockValue">114.71</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.88(1.67%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/sjvn-ltd/stocks/companyid-18460.cms" title="SJVN Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SJVN Share Price</a></td><td class="stockValue">111.44</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.88(3.6%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/gail-india-ltd/stocks/companyid-4845.cms" title="GAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">GAIL Share Price</a></td><td class="stockValue">199.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">7.29(3.79%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/housing-and-urban-development-corporation-ltd/stocks/companyid-4516.cms" title="HUDCO Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HUDCO Share Price</a></td><td class="stockValue">215.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.83(4.77%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rec-ltd/stocks/companyid-4616.cms" title="REC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">REC Share Price</a></td><td class="stockValue">524.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">18.4(3.64%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-power-ltd/stocks/companyid-4422.cms" title="Reliance Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Reliance Power Share Price</a></td><td class="stockValue">36.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.16(3.29%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms" title="Tata Technologies Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Technologies Share Price</a></td><td class="stockValue">948.3</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">7.1(0.76%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vodafone-idea-ltd/stocks/companyid-3154.cms" title="Vodafone Idea Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vodafone Idea Share Price</a></td><td class="stockValue">6.79</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.13(1.8%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-enterprises-ltd/stocks/companyid-9074.cms" title="Adani Ent. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ent. Share Price</a></td><td class="stockValue">2327.75</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">99.75(4.48%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-green-energy-ltd/stocks/companyid-64847.cms" title="Adani Green Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Green Share Price</a></td><td class="stockValue">1057.35</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.55(0.53%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms" title="Adani Ports SEZ Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ports SEZ Share Price</a></td><td class="stockValue">1175.25</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">38.5(3.39%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ashok-leyland-ltd/stocks/companyid-14041.cms" title="Ashok Leyland Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ashok Leyland Share Price</a></td><td class="stockValue">233.49</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.54(4.26%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bank-of-baroda/stocks/companyid-12040.cms" title="Bank of Baroda Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Bank of Baroda Share Price</a></td><td class="stockValue">247.05</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.06(4.69%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bse-ltd/stocks/companyid-2809.cms" title="BSE Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BSE Share Price</a></td><td class="stockValue">4912.3</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">192.36(4.08%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/canara-bank/stocks/companyid-9218.cms" title="Canara Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Canara Bank Share Price</a></td><td class="stockValue">100.83</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.82(3.94%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/central-depository-services-india-ltd/stocks/companyid-4259.cms" title="CDSL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">CDSL Share Price</a></td><td class="stockValue">1555.15</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">14.91(0.97%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/coal-india-ltd/stocks/companyid-11822.cms" title="Coal India Ltd Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Coal India Ltd Share Price</a></td><td class="stockValue">419.25</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.2(1.26%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hfcl-ltd/stocks/companyid-13649.cms" title="HFCL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HFCL Share Price</a></td><td class="stockValue">127.62</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">01:38 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.35(1.07%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/idfc-first-bank-ltd/stocks/companyid-62245.cms" title="IDFC First Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IDFC First Bank Share Price</a></td><td class="stockValue">65.23</td></tr><tr class="hide 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However, a break below 23,500 could trigger selling pressure, dragging the index toward 23,300–23,000 levels. Stocks such as L&T Technology Services, Bharti Airtel, HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Labs, DLF, and National Aluminium show bullish chart patterns, indicating potential upside moves, according to analysts.RAJESH PALVIYAHEAD TECHNICAL DERIVATIVES, AXIS SECURITIESWhere is Nifty headed this week? After seven consecutive weeks of negative close, the index has formed a small bullish candle with a long lower shadow on weekly chart, indicating buying support at lower levels. Chart pattern suggests that if Nifty crosses and sustains above 24,000, it could experience buying pressure, pushing the index toward 24,300-24,600. However, if the index breaks below 23,500, it may face selling pressure, leading to a decline toward 23,300-23,000. Nifty is currently positioned above its 200-day simple moving average of 23,593, which indicates a positive bias in the medium term.What should investors do? We expect IT, pharma, real estate, and metals to show a bullish trend. Attention should be on stocks like HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Lab, DLF, Godrej Properties, JSW Steel, and National Aluminium for potential upside momentum. This week, traders can implement a moderately bullish strategy with reduced premium outflow and a lower break even point called the Call Spread of 28 Nov expiry. Buy one lot of the 23,900 Call for Rs 190 and sell one lot of the 24,200 Call for Rs 67. This results in a net outflow, or maximum loss, limited to Rs 3,075. If Nifty closes above the breakeven point of 24,023 on expiry, the strategy will start generating profits up to Rs 4,425PRITESH MEHTAEXECUTIVE VICE PRESIDENT – RESEARCH, YES SECURITIESWhere is the Nifty headed? Nifty found respite around the confluence of support zone which is a three-digit Gann number of 23,300, a 61.8% retracement of its entire move from a low of election day outcome to all-time high and bullish crossover in our customised breadth of Nifty & Bank Nifty. We expect the index to build on Friday’s comeback and gradually move higher towards the 24,500 zone. Our customised Nifty top 10 index has rebounded off the support zone, implying strength in index biggies. 23,300 is likely to act as major support. Sustenance of Bank Nifty above 200-DMA is essential for follow-through moves.What should investors do? Nifty IT has been a major mover and an outperformer. The ratio of IT vs Nifty is trading comfortably above the 2023 peak, we expect strength to persist in this space. TechM and HCLTech are likely to witness followthrough moves of 8-10% in the next few weeks. Nifty Metal index is holding onto multiple support zones. Pullback trade is likely to play out in this space. National Aluminium is outperforming the metals index, we expect the strength to continue. National Aluminium has seen a series of double top buys and a bullish turtle break, suggesting a move of 10%.RAHUL SHARMAHEAD - TECHNICAL & DERIVATIVE RESEARCH, JM FINANCIAL SERVICESWhere is the Nifty headed? The weekly chart shows a piercing candle with a 50% retracement of the previous week’s red candle. Friday’s momentum suggests Nifty could head towards 24,200–24,400. However, this should be viewed as a trading bounce unless significant changes in market data occur over the next few days. Nifty has a support level of 23,800, and 23,500; and resistance levels of 24,200, 24,400, and 24,770. Expect Bank Nifty to join the upmove once it crosses 51,400. Additionally, the IT index has shown a fresh breakout after 2.5 months of sideways movement, indicating that IT stocks may outperform going forward. What should investors do? Investors can look to exit positions in which they have been stuck around the 24,200-24,400 mark. Alternatively, sector rotation can be done, especially into IT stocks. Buy Bharti Airtel: After weeks of correction, signs of a reversal are emerging. Targets Rs 1,640 and Rs 1,670. Maintain a stop loss at Rs 1,510. Breaking out from two months of underperformance, L&T Technology Services shows potential for targets of Rs 5,700 and Rs 5,800. Maintain a stop loss at Rs 5,150 for long positions.", "image": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-115639250,resizemode-4,width-1200,height-900,imgsize-88022,overlay-etmarkets/articleshow.jpg", "width": 1200, "height": 900 }, "author": { "@type": "Thing", "name": "ET Bureau" }, "publisher": { "@type": "NewsMediaOrganization", "name": "Economic Times", "logo": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-76939477,width-600,height-60,quality-100/economictimes.jpg", "width": 600, "height": 60 } } , "isAccessibleForFree" : "https://schema.org/False", "hasPart": { "@type": "WebPageElement", "isAccessibleForFree": "https://schema.org/False", "cssSelector" : ".paywall" }, "isPartOf": { "@type": ["CreativeWork", "Product"], "name" : "Economic Times", "productID": "prime.economictimes.indiatimes.com:prime" } }</script><script type="application/ld+json"> { "@context": "https://schema.org/", "@type" : "WebPage", "name" : "Nifty bullish on charts, could aim at 24,500 : Analysts", "speakable" : { "@type": "SpeakableSpecification", "cssSelector" : [".article_wrap h1", ".artSyn h2"] }, "url": "https://economictimes.indiatimes.com/markets/stocks/news/nifty-bullish-on-charts-could-aim-at-24500-analysts/articleshow/115639257.cms" } </script><script type="text/javascript"> //set iframe height on load (function(){ $('#toispecials-iframe').height($(window).height()); })(); /* function scrollIframeToTop() { setTimeout(function() { $('body, html').animate({ scrollTop: $menuEl.offset().top }, 800); }, 500); } scrollIframeToTop(); */ </script><script> var countryCode = window.geoinfo && geoinfo.CountryCode; if (countryCode === "IN"){ $('.inSideInd').addClass("show"); $('.outsideInd').remove(); } else{ $('.outsideInd').addClass("show"); $('.inSideInd').remove(); } window.onload = function() { // setFont(); }; </script><div class="blocker_wrap hidden"><section class="font_mon login_blocker hidden"><div class="lb_head tac">Continue reading with one of these options:</div><div class="lb_box_cont"><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Limited Access</div><div class="lb_boxt">Free</div><div class="lb_boxd">Login to get access to some exclusive stories<br> &amp; personalised newsletters</div><div onclick="objPrimePaywall.cta('login')" class="lb_boxbtn">Login Now</div></div></div><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Unlimited Access</div><div class="lb_boxt lb_pr">Starting @ Rs120/month</div><div class="lb_boxd">Get access to exclusive stories, expert opinions &amp;<br> in-depth stock reports</div><div onclick="objPrimePaywall.cta('plan')" class="lb_boxbtn">Subscribe Now</div></div></div></div></section><div class="loader_box"><div class="spinner"><div class="loading-text">ET</div></div></div><section class="font_mon prime_paywall"><style> .articleBlockerWrap {width: 650px;background: #ffe9e2;height: 251px;display: none;margin: 2% auto 2%;box-shadow: 0 12px 20px 0 rgb(0 0 0 / 13%);} .articleBlocker {background: #ffe9e2;border: 7px solid white;padding: 28px 22px;width: 567px;margin: auto;text-align: left;position: relative;min-height: 149px;} .articleBlocker h4 {font-size: 24px;font-weight: bold;line-height: 1.27;} .articleBlocker p {font-size: 16px;margin: 15px 0;} .articleBlocker button {background: #ed193b;color: white;font-size: 16px;font-weight: 800;margin: auto;width: 215px;height: 37px;border-radius: 2px;position: absolute;animation: .18s linear infinite alternate slide;} @keyframes slide {from {left: 15px;}to {left: 30px;;}} .articleBlocker button:hover {animation-play-state: paused;cursor: pointer;} .articleBlocker img {position: absolute;right: 22px;height: 120px;bottom: 0;} </style><div data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="articleBlockerWrap"><div class="articleBlocker"><h4>Uh-oh! 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width: 42px; height: 42px;} .paywall_msg{padding-bottom: 8px; } .campign_sec{margin:33px -33px -33px} </style><div data-ga-category="Subscription Flow" data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="brd_wrap generic_blocker_new_v2 hidden" style="border: 10px solid #FFE9E2"><div class="paywall_login hidden">Already a Member? <span class="sign-in_btn">Sign In now</span></div><h3 class="paywall_msg"></h3><h3 class="bp_subheading">Unlock this story and enjoy all members-only benefits.</h3><button data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Articleshow box CTA wBenefit" class="subscribe_btn">Subscribe Now</button><div class="campign_sec skip_inswg" style="background-color: #FFF0EC"><img class="lazy thumb_lft"><img class="lazy thumb_rgt"><div data-set="0" class="dyn_pricing_item hidden" data-minrange="0" data-maxrange="0.499999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Save up to Rs. 700/-</p><p class="desc">ON ET PRIME MEMBERSHIP</p><a class="plans_btn">Avail Offer</a></div><div data-set="1" class="dyn_pricing_item hidden" data-minrange="0.5" data-maxrange="0.59999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="2" class="dyn_pricing_item hidden" data-minrange="0.6" data-maxrange="0.69999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="3" class="dyn_pricing_item hidden" data-minrange="0.7" data-maxrange="0.79999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get Flat 40% Off</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="4" class="dyn_pricing_item hidden" data-minrange="0.8" data-maxrange="1"><p class="heading">Offer Exclusively For You</p><p class="subheading">ET Prime at ₹ 49 for 1 month</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="5" class="dyn_pricing_item hidden"><p class="heading">Special Offer</p><p class="subheading">Get flat 35% off on ETPrime</p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div data-set="6" class="dyn_pricing_item hidden"><p class="heading"></p><p class="subheading"></p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div class="stu_of"><a class="plans_btn" style="border: 0px; font-size: 18px; font-weight: 400; text-decoration: underline;"></a></div></div></div><style> .ipadapp_blocker {border: 10px solid #FFE9E2; padding: 33px; position: relative;} .ipad_title {font-size: 30px; padding-bottom: 10px; font-weight: 600;} .ipadapp_btn {font-size: 20px; color: #ffffff; font-weight: 500; background-color: #ed193b; display: inline-block; cursor: pointer; padding: 11px 30px; min-width: 150px; min-height: 24px; margin: 20px; text-decoration: none;} .ipadapp_btn:hover {text-decoration: none;} </style><div class="ipadapp_blocker hidden" style="border: 10px solid #FFE9E2"><p class="ipad_title">90 Days Prime access worth Rs999 unlocked for you</p><a class="ipadapp_btn">Claim Now</a><div class="paywall_login">Already a Member? <span class="sign-in_btn">Sign In now</span></div></div></div><script> var isPaywallMoved = 0; // ET-17548 function storyCollectionLoad() { var _processNormal = function () { $('#paidSCWidget').attr('data-onload', '').removeClass('load_done').html(''); 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Market Research. Industry Trends</strong> on 4000+ Stocks<strong></strong><strong></strong></p></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493812,quality-100,imgsize-12280/clean-experience-with-minimal-ads.jpg"><div class="fl_i_title"><Story>Clean experience with<br><strong>Minimal Ads</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493806,quality-100,imgsize-24821/comment-engage-with-et-prime-community.jpg"><div class="fl_i_title"><Story><strong>Comment &amp; Engage</strong> with ET Prime community</Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493810,quality-100,imgsize-19449/exclusive-invites-to-virtual-events-with-industry-leaders.jpg"><div class="fl_i_title"><Story>Exclusive invites to <strong>Virtual Events with Industry Leaders</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493809,quality-100,imgsize-11126/a-trusted-team-of-journalists-analysts-who-can-best-filter-signal-from-noise.jpg"><div class="fl_i_title"><Story>A trusted team of <strong>Journalists &amp; Analysts </strong>who can best filter signal from noise<br></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-99030928,quality-100,imgsize-82843/get-1-year-complimentary-subscription-of-toi-worth-rs-799/-.jpg"><div class="fl_i_title"><Story><p>​Get <strong>1 Year Complimentary Subscription of TOI+</strong> worth Rs.799/-​</p></Story></div></li></ul></div></div></section><!--/etprime_paywall.cms?sec1id=1977021501&adaptive=1&blocker_type=adap-bureaupotime:5--></div><div class="shadow_exitdlg"><div class="exitdlg_wrapper"><span class="close_btn"></span><p class="heading">Stories you might be interested in</p><ul></ul><div class="footer_nwsltr"><div class="flt"><span class="hdr_label">Subscribe to our</span><span class="subhdr_label">ET Investment Opportunities</span></div><div class="flr"><input placeholder="Enter your email id here" class="input_nwsltr" type="text"><button class="submit_btn" type="button">SUBMIT</button></div></div></div></div><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_ettechpoll/v-5,minify-3.cms" type="text/javascript" defer></script><script> if(window.location.href.indexOf('.com/articleshow/') != -1){ grxEvent('event', {'event_category': 'articleshow', 'event_action': 'url_issue referrer: ' + document.referrer, 'event_label': window.location.href}); } </script></body></html>

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