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Nifty needs to close above 23,400 to trigger short covering; Federal Bank top pick: Dharmesh Shah

Indian equity markets are in a corrective phase. Technical analyst Dharmesh Shah identifies a potential turning point. He highlights critical resistance for Nifty at 23,350 to 23,400. A breakout above this level could lead to a rally towards 23,800. Bank Nifty shows strength with a target of 56,500. Federal Bank is a top stock pick with a target of ₹340.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo3 g fa

Nifty needs to close above 23,400 to trigger short covering; Federal Bank top pick: Dharmesh Shah

Indian equity markets are in a corrective phase. Technical analyst Dharmesh Shah identifies a potential turning point. He highlights critical resistance for Nifty at 23,350 to 23,400. A breakout above this level could…

originale
thehindubusinessline.com2 g fa

Nifty Futures and Nifty Bank Futures Eyeing Further Gains

Nifty and Bank Nifty futures show potential gains with easing bearish sentiment and improving options positioning.

Leggi questa versione → originale

Timeline cronologica

  1. mercoledì 10 giugno 2026·thehindubusinessline.com

    Stock to buy today: Federal Bank (₹315.15) – BUY

    Buy Federal Bank shares at ₹315.15; target ₹350 with bullish short-term outlook and strong support levels.

  2. giovedì 11 giugno 2026·economictimes.indiatimes.com

    Nifty eyes 23,516 breakout; Vinay Rajani flags key levels, recommends Pidilite and Aditya Birla AMC

    The Nifty is at a crucial technical point. It faces resistance at 23,516 and support at 23,100. A breakout above resistance will confirm the uptrend. Broader markets are showing…

  3. venerdì 12 giugno 2026·economictimes.indiatimes.com

    Nifty needs to close above 23,400 to trigger short covering; Federal Bank top pick: Dharmesh Shah

    Indian equity markets are in a corrective phase. Technical analyst Dharmesh Shah identifies a potential turning point. He highlights critical resistance for Nifty at 23,350 to…

  4. sabato 13 giugno 2026·economictimes.indiatimes.com

    F&O Talk: Bullish Nifty charts; Sudeep Shah picks 7 stocks, outlines HDFC Bank, Sterlite Tech strategy

    Indian stock markets rallied sharply on Friday, with Sensex and Nifty gaining 2% each, driven by hopes of a US-Iran peace deal and easing crude oil prices. Analysts see potential…

  5. sabato 13 giugno 2026·thehindubusinessline.com

    Nifty Futures and Nifty Bank Futures Eyeing Further Gains

    Nifty and Bank Nifty futures show potential gains with easing bearish sentiment and improving options positioning.

  6. lunedì 15 giugno 2026·economictimes.indiatimes.com

    Nifty tops key 23,500 hurdle, can head to 24,500 on buying interest: Analysts

    Nifty's strong breakout above 23,500 has turned technical analysts bullish, anticipating a move towards 24,000-24,500. Analysts highlight improving momentum, bullish patterns, and…

  7. lunedì 15 giugno 2026·thehindubusinessline.com

    Nifty Prediction Today – June 15, 2026: Nifty futures: Surpasses a barrier

    Nifty futures show strong potential for growth, aiming for 24,150, with a positive market sentiment today.