In daily, first it broke the horizontal support, then moved up to touch the broken support, now acted as a resistance, and price moving down, after touching the horizontal resistance and trend line resistance. sl - 113, 1st tgt - 103. after a long consolidation, BB expansion and BB is moving down. Note: this is not a fno call, I am sharing my view only.
PNBHFL is at a trend line resistance& is quite expensive on FY18 basis when compared with peers like Canfin,Ibulhousing. If charts pattern repeat it could consolidate here for a while or could correct to the levels of 1500&1460. RSI is also showing overbought Sign. SO THINK BEFORE ENTERING IT NOW.
FORTIS price chart given a long term resistance break out near 200, one can add on dips for target 300 by keeping stop loss below 205.
INFY NOW CAN SHORT AT 1029-1032 WITH SL 1040 TARGET 1020-1010