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Tata Communiation uptrend channel losing strength,today closed with forming a shooting star pattern and stock may see downside up the the channel support 748 in near term.

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Apollo Tyre uptrend journey seems to be taking pause, stock is looking week in two day continue trading at resistance, it may see some correction in near term up to 254.

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Tata Steel after making high,today lost gain and formed shooting star patter,which is considered strong bearish sign,stock may see some downside from this level to 498 level in near term.

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Maruti has been trading in longterm uptrend and there may seem some correction as trading at channel resistance,it may see some consolidation up to 6835 in near term.if open above the channel resistance then it may make new high.

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Nifty has been trading at channel support and not willing to break the support, we may see nifty to again show strength and cross 9600 this time. alternatively if breaks 9390 then correction is sure.

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Adani Ports has broken the channel support and may go further down up the next short term support around 340 in near term.

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MRPL has been trading in uptrend and it closed on weekend making downside channel breakout,the stock may see downside upto the fibo 23% level around 123 in near term.

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Nifty has broken resistance and uptrend journey seems to continue somewhere around 9500 in near term.with retest of 9372.

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Cadlida Healthcare has made breakout today and there seems to be great buying opportunity at CMP with very less SL.

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Apollo Tyre has broken the channel and closed outside the uptrend channel and possible correction in the stock up to 233 may be seen in the stock.

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ICIL has been trading in up trend channel it closed on weekend touching channel support,the stock seems to approach channel resistance from this level 210 in near term.

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Glenmark Pharma has been trading in trend reversal if closed on symmetrical triangle which may go up breaking the triangle, buy above 895 after breakout with target 910 in near term.

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IDBI has been trading in down trend channel it closed touching the resistance and seem to approach again support if breakout doesnt happen. we can see the target of 72 or if breakout then 77 in near term.

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Allahabad Bank has been trading in uptrend and forming a rising wedge, it touched today wedge resistance and seem to approach wedge support around 75.50 in near term.

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Jindal Steel has been trading uptrend and has retraced up to 38% of fibolevel we may see the stock to upward from this level up to 192 in short term.

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Aurobindo Pharma has been trading in down trend and at its long term support,stock may see upside movement from this level to channel resistance around 655 in near term.

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Ujjivan has retraced up to 32% of fibo level and it seems to be approaching the resistance 23% of fibo level in near termaround 420.

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Cadila Helthcare has been trading in rising wedge pattern and it closed touching the support we may see the stock to approach resistance level around 464 in near term.