RBLBANK- Medium Term, Bulls gaining momentum at accumulation zone. Potential move towards 200+ levels in the medium term.
BANKNIFTY- Short Term :Bears Counter attack , Down trend as long as it sustains below 39760 on closing basis. Potential targets - 38690 and 37588.
EMAMI- Bulls Counter attack , upward trend as long as it sustains above 441 on closing basis. Potential targets 485
ACC- Bulls continue to gain control, potential up move till 2335
ZYDUS WELLNESS- Medium Term, Bulls gaining momentum at accumulation zone. Potential move towards 2080 levels in the medium term.
RATTANINDIA- Bulls Counter attack , upward trend as long as it sustains above 41 on closing basis. Potential target- 50
SAIL- Bulls Counter attack , upward trend as long as it sustains above 73.55 on closing basis. Potential targets 83
METROPOLIS - Bulls Counter attack, price trending up as long as sustains above 1474 on closing basis. Target -1770+ levels
TORRENT POWER- Bulls Counter attack , upward trend as long as it sustains above 501 on closing basis. Potential targets 554 and 589
AARTI INDS- Bulls Gaining momentum and potential up move towards 736 and 836 as long as it sustains above 679 on closing basis
IOC- Short Term :Bulls Counter attack , upward trend as long as it sustains above 70.50 on closing basis. Potential targets 76.50 and 81
ATUL- Bulls Counter attack , upward trend as long as it sustains above 8485 on closing basis. Potential targets 8937 and 9504
TECHM- Bulls Counter attack , upward trend as long as it sustains above 1024 on closing basis. Potential targets 1093 and 1220
INDIGO-Bulls Counter Attack, Price trending up as long as it sustains 1761 above on closing basis. potential targets -1897 and 1992
BPCL- Bulls Counter attack- Momentum built up on upside.
DMART- Bulls Counter attack. Price trending up as long as it sustains above 3902 on closing basis. Potential target - 4360
BANKNIFTY - In contrary to Nifty , BANKNIFTY has broken Falling trendline and marching upwards with strong momentum. Though this is sectoral specific index , it has substantial weightage in Nifty. Lets monitor if BANKNIFTY has enough power to take Nifty beyond 17600-17700 levels.
NIFTY is on charge towards major trendline resistance zone i.e. 17600-17700 zone. Nifty has to break out this falling trendline to see all time high. Any resistance here , Nifty will continue to be in sideway consolidation will wait and watch what Mr. Market says in coming days.