Cipla has increased with high volumes in the last 3 months. The most recent high traps the chart in a triangle. There is momentum right now but unless we see a price settlement above 680 levels, long could be riskier. It might be worth to keep long in check and see the gaps below as support zones. In case the triangle breaks, partial buying can be done with the...
Infratel has been sliding in a channel since the end of 2017. We are again approaching the top of the channel. It might be worth keeping a check on longs...
Airtel has recently made a new 52 week high. There could be potential for upside, keep an eye for a reversal to enter.
Bajaj Finance has given up over 60% from the top and may just be ready for another 300-400 points. Let's wait and watch
Bajaj Auto is in an upward channel and any break in the channel may lead to a sharp move. Good probability for a short move, keep your eyes on the channel
Adani Ports has been rising in a channel, there could be some shorting or a range-bound move. Fresh longs should be taken either near the channel low or on the breakout of the channel high.