Tata Elxi has posted superb numbers.
Trading at a 52 week high.
Look at that weekly chart.
It's going to be in an open movement upwards. Brilliant setup. Buy at current levels with at least an upside of 5-6 %.
HDFC Q1 results: Decline in PAT, Net income QoQ basis.
No insights included on the moratorium loans in results.
But still being showcased as positive by media houses.
Technically stock has made a resistance level around 1080-1090 zone. Price is hovering around 200 DMA.
Volume has dissipated. Thus stock presents mixed signals.
1. If Candle breaks the...
Nifty is looking in a strong uptrend, but Banknifty is neutral as it still hasn't broken the 23000 barrier on a daily chart. For Banknifty to be bullish, it needs to break 23000 on a daily chart. This is my personal setup for Banknifty on Monday. Looking at domestic cues, the trial for vaccine has been allowed by AIIMS, which is a positive, but on the other hand,...
Infosys will declare its result tomorrow. Currently Infosys is around the strong resistance region marked in the chart.This is a very strong resistance as it was formed a long time ago.Even with Nifty fall today Infosys hasn't fallen much due to speculation around the result. Even after factoring the decline due to ongoing crisis Infosys has been able...
As we have seen early the Britannia has broken its cup and handle pattern.
Also their results are coming this Tuesday hoping for a good results, as packaged food were much in demand during the lockdown
have added the initial support and resistances to lookout during this week.