ZYDUSWELL has a strong resistance zone around 920-930 and it has fallen multiple times from that level. It has formed ascending triangle pattern on weekly chart. It is good for long once it breaks out and closes above 930.
ONGC has strong support near 155 zone and stock was trading in a 10 point range for the past 12 weeks. RSI is making higher highs while prices remained stable, which is classic case of bullish RSI divergence. RSI is currently 47 and stock is showing signs of breaking out of this 10 point range. RSI close above 50 will provide further momentum for this stock to...
INDOCO has demonstrated bullish RSI divergence on weekly chart. RSI is making higher highs while prices have remained range bound. 195-201 is good accumulation zone for initial target of 240. Once RSI closes above 50, then stock likely to see further upside.
MCDOWELL-N has formed ascending triangle on a daily chart and it did show breakout upside on ascending triangle pattern but came down due to selling pressure in NIFTY. Stock likely to go higher and can test resistance zone of 2750-2774