MACD - Check RSI moving above 50 Volume - Average 9,21 EMA - Cross Target 2600+ Stop Loss mentioned
The Trend Lines and MACD are positive for an upside from here.
Reliance has been range bound for a long time now, the recent news of Saudi Aramco getting closer to finalising the 20% equity buyout deal has shown some upside on the share price. It would be interesting to see if the price can break out of the resistance now.
Hindalco has beene trading inside this upward channel for a while now, it might pick up from here if the trend continues
Shree Cement has reached an Imp support, RSI also picked up, waiting for MACD to give the green signal
TCS has been trading inside an ascending traingle pattern for a while, might be high time it broke out of it
Escorts has a great Q1 result and the chart seems bullish. It has almost broken out of a resistance trend and the upside is good
GAIL has shown a very healthy trend line and a strong bounce frm supoort with good MACD
The trend analysis shows that the share price might have hit its top
TCS had faced rejected at this price range 2 times in the past and seems like a healthy breakout till now. Can buy tomorrow if tomorrow seems to be a green day