Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Reliance is currently at a major support level, what it does here will be of vital importance. A break of this level can take the stock down significantly whereas a bounce from this level can take it back to 2000 levels. The best strategy will be to wait & watch at these levels & position yourself after it breaks or takes support.
L&T is on the verge of giving a break out, It is currently in a triangle pattern with a major support zone at 1340-46. a Downside break can take it to 1300 levels & an upside break can take it to new highs.
HDFC is forming a triangle pattern & will soon give a breakout.
Reliance is going down towards its previous supply zone. We could see a classic reversal of supply zone become a demand zone or could a downward break of supply zone trigger a fresh wave of selling?
IndusInd bank is taking support at an upward trend line & is near its resistance. If the resistance is broken with good volumes we can see a good up move.
HPCL is at a major supply zone, the next few days will be crucial
Bharti Airtel is in a major supply zone, it will be interested to see how it reacts from here.
Tata power has broken decades old trend line with never before seen volumes. It will be a great investment for the long run.
HDFC has formed a H&S pattern & the price is currently at the neckline. If the neckline breaks then we can expect a good fall.
SBI is possibly forming a Bull flag, a break out with volumes will give a good Rs10-12 up move.
Tata steel is currently in a range, wait for it to break out on either side with volumes.
L&T is at a confluence of 2 major support, with today's delivery percentage above 50% there is a good chance it is getting ready for a leg up. As long as it holds its support mentioned in the chart it can go to 1380 & 1400 levels.
Kotak Mahindra Bank is at crucial levels & is forming a H&S pattern, It can give a good fall if it breaks the neckline.
HDFC has broken a good resistance level with good volumes, It can go to new highs very soon.
Bajaj Finance has taken support at an upward trend line & can give a good bull move once it breaks the resistance of 5130.
ICICI Bank is forming a flag & pole pattern. Can expect a minimum 30 points move if it breaks on the upside. It has also taken good support from the upwards trend line.
HDFC has taken support at its trend line & might give a breakout soon. Good stock to go long.