LIVE Market Technicals with CK Narayan

If you care to look at technical charts before taking investment/trading decisions in the stock market, this is the place you should be visiting regularly. CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page. Stay logged in!

Dynemic Products could touch Rs 275
The stocks from chemicals sector are on the move and one of them that staged a breakout upward today is Dynemic Products. The stock had earlier moved aggressively and had been undergoing some consolidation over the last several days. Today, it has staged an upward breakout that should take the price action towards Rs 265-75 levels.

Adani Ports to continue its climb
When a stock shows some good price action that is also accompanied by some good new momentum then it is a fair chance that the new move will sustain for some more time. This seems to be the case in Adani Ports and hence we can expect the current rise to continue further and reach higher levels in coming sessions.

Bharti Airtel can hit Rs 510
After being bashed down rather severely over the past couple of weeks, the stock seems to be finding its feet a bit and with the selling easing off, the stock is seen breaking up into a rally. The prices have revived from a retracement level and the momentum indicator is showing a reversal from the oversol zone. One can expect the rally to continue towards Rs 510 levels or so in the short term.

Further gains likely in Divi's Labs
All pharma stocks were on fire on Friday and among those that showed large volumes and price gains that were held to the end was Divi's. The stock has witnessed good support during the dips and this pick up from those supports on the back of sector action augurs well for the counter for further gains.