MediumPositive
Announced Mon, 22 Jun · 06:11 IST

Street Signals: Technical charts point to further upside for Nifty

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Technical analysts from Kotak Securities, Motilal Oswal, and Bajaj Broking are unanimously bullish on Nifty, projecting targets of 24,300 to 24,600 with key support at 23,700 to 23,900. Top weekly buy calls include Britannia Industries (target Rs 5,450), Grasim Industries (target Rs 3,300), Aditya Birla Capital (target Rs 405), Premier Energies (target Rs 1,180), Bharat Electronics (target Rs 452), and Eternal (target Rs 290). The broader market is also expected to outperform, with Nifty Midcap 100 and Smallcap 100 targeting 63,500 and 19,225 respectively.