TATA CONSUMER LOOKS VERY BULLISH IN THE CHARTS..CONSOLIDATION AT A HIGHER LEVEL IS A GOOD SIGN FOR THE STOCK..IN THE WEEKLY TIME FRAME IT HAS GIVEN A STRONG UPSIDE MOVE WITH RSI AND OTHER INDICATORS SHOWING POSITIVE DIVERGENCE..
TVS MOTORS LOOKS STRONG IN THE CHART..AFTER A BIG CONSOLIDATION PERIOD FROM IT'S HIGH..IT HAS GIVEN A FALLING TREND BREAKOUT WITH GOOD VOLUMES WHILE THE INDICATORS SHOWING A POSITIVE DIVERGENCE AND RSI SHOWING A POSITIVE STRENGTH..COULD BE A GOOD SHORT TERM BET FOR 5-7% SHORT TERM RETURN.
ADANI GAS LOOKS A GOOD BUY FOR SHORT TERM PURPOSE..THE STOCK HAS GIVEN BREAKOUT IN DAILY AS WELL AS WEEKLY CHART WITH STRONG VOLUMES AND RSI HAS SHOWING A POSITIVE STRENGTH..CAN EXPECT GOOD UPSIDE MOVEMNT FOR 3-5% RETURN..
MUTHOOT FINANCE LOOKS GOOD IN THE CHART..FORMED A STRONG BULLISH CANDLE AND GIVEN A BREAKOUT AFTER CONSOLIDATION.. COULD BE A GOOD BET FOR 3-4% RETURN AMID THE VOLATILITY..RSI HAS BEEN PLACED WELL AND SHOWING AN UPTREND WITH THE CONFIRMATION OF MACD..
NIFTY PHARMA INDEX IS UNDER CONSOLIDATION ZONE AND WE CAN SEE SOME MAJOR SHORTS BUILDUP IN PHARMA STOCKS..DIVIS LAB CAN BE A GOOD SHORTING CANDIDATE FOR SHORT TERM GAINS AS IT HAS CLOSED BELOW IT'S 50DMA WHICH WILL LEADS TO MORE BEARISHNESS IN THE STOCK..THE INDICATORS ARE SHOWING SOME MORE BEARISHNESS IN THE STOCK..
TECH MAHINDRA IS A GOOD SHORTING CANDIDATE..AS IT SECTOR IS UNDER PRESSURE ..TECH MAHINDRA SEEMS WEAK ON CHARTS EASY 1-2% SHORT TERM GAINS POSSIBLE
MOTHERSON SUMI IS LOOKING GOOD ON CHART FOR SHORT TERM TRADERS ...A MAJOR BULLING CANDLE CREATED ON THE CHART AFTER LONG CONSOLIDATION TIME..