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!

Tata Steel: Momentum strength creates breakout
Metal counters in good form suggests more gains ahead. After having reached the 62% pullback zone during the rally, the Tata Steel stock has surged past that resistance today. This has been enabled by the high momentum readings. One can expect the prices to rise further as the overall sector is in play and individually, Tata Steel is also showing strength.

Rossari Bio: Fresh uptrend on cards

A recently listed name in the market, the stock has shown good trends post listing. The largely sideways price action of the past several days indicates that profit taking has been absorbed and now the fresh upward thrust promises more gains ahead.

Siemens: Solid Recovery
Despite some poor numbers, the stock has refused to fall and shown a sharp recovery from the lower levels. There seems to be some good buying interest at around the price zone of Rs 1,120 and hence that can be kept as a good stop loss level against long positions that may be created.