neutral
Technical Setup Points to Fresh Opportunities in Four Stocks Despite Nifty Weakness
Indian markets ended lower on Friday as the Nifty slipped beneath its 21-EMA amid a broad global sell-off led by pressure in financials, metals and real estate stocks. Analysts observed a bearish Harami formation on the hourly chart, alongside a weakening RSI, indicating potential downside towards the 25,920–25,900 zone unless Nifty reclaims 26,166. Within this setup, four stocks have displayed strong technical strength:
Avanti Feeds shows a breakout above recent swing highs with high volumes and RSI near 81; Anupam Rasayan has cleared key resistance levels and trades well above major EMAs.
Companies:
- Avanti Feeds
- Anupam Rasayan
Tags:
- stocks
- technical analysis
neutral
Technical Setup Points to Fresh Opportunities in Four Stocks Despite Nifty Weakness
Indian markets ended lower on Friday as the Nifty slipped beneath its 21-EMA amid a broad global sell-off led by pressure in financials, metals and real estate stocks. Analysts observed a bearish Harami formation on the hourly chart, alongside a weakening RSI, indicating potential downside towards the 25,920–25,900 zone unless Nifty reclaims 26,166. Within this setup, four stocks have displayed strong technical strength:
Avanti Feeds shows a breakout above recent swing highs with high volumes and RSI near 81; Anupam Rasayan has cleared key resistance levels and trades well above major EMAs.
Companies:
- Avanti Feeds
- Anupam Rasayan
Tags:
- stocks
- technical analysis
1 min read
91 words
Weak market sentiment persists, but Avanti Feeds and Anupam Rasayan show strong technical breakouts with high volumes and momentum, offering near-term gain potential up to 10 percent.
Indian markets ended lower on Friday as the Nifty slipped beneath its 21-EMA amid a broad global sell-off led by pressure in financials, metals and real estate stocks. Analysts observed a bearish Harami formation on the hourly chart, alongside a weakening RSI, indicating potential downside towards the 25,920–25,900 zone unless Nifty reclaims 26,166. Within this setup, four stocks have displayed strong technical strength:
Avanti Feeds shows a breakout above recent swing highs with high volumes and RSI near 81; Anupam Rasayan has cleared key resistance levels and trades well above major EMAs.
Indian markets ended lower on Friday as the Nifty slipped beneath its 21-EMA amid a broad global sell-off led by pressure in financials, metals and real estate stocks. Analysts observed a bearish Harami formation on the hourly chart, alongside a weakening RSI, indicating potential downside towards the 25,920–25,900 zone unless Nifty reclaims 26,166. Within this setup, four stocks have displayed strong technical strength:
Avanti Feeds shows a breakout above recent swing highs with high volumes and RSI near 81; Anupam Rasayan has cleared key resistance levels and trades well above major EMAs.
Companies:
- Avanti Feeds
- Anupam Rasayan
Tags:
- stocks
- technical analysis
- stocks
- technical analysis
- Nifty
- Avanti Feeds
- Anupam Rasayan