RECLTD The stock is trading in a rising channel. The prices are facing mild resistance from 20EMA. Technical indicators are weak. Sentiments Buy 44 % Sell 56 % Derivative Option OI Maximum Call @100 (Resistance) Maximum Put @85 (Support) Once the channel is broken with Volume, we might see the prices moving swiftly from 86.5 to 85. If the 84.5 price point is...
GAIL INDIA LTD. The stock is taking a strong resistance from 50% Fibonacci. However, my view is bullish as: TIME-TREND INDICATOR ARE BULLISH. RSI IS ABOVE 50 & MOVING UPWARDS. Once the prices break 88.5 with volume, the next resistance is 90.3 & 93. Nearest Support is 86.5 KEEP AN EYE !! #B+
NIITTECH The stock is BULLISH in 15m & Hourly Time-trend. RSI & MACD are BULLISH. BUY - 1448 - 1456 STOPLOSS - 1432; TECHNICAL SL 1410 TARGET - 1484 UPTO 1510 Sentiments Buy 93 % Sell 7 % Derivative Option OI Maximum Call @1400 (Resistance) Maximum Put @1200 (Support)
JSWSTEEL - TESTING SIMPLE NOTEBOOK "NR7 STRATEGY" FOR STUDENTS BUY ABOVE - 173 WITH STOPLOSS - 168 TARGET - 180/190 OR SELL BELOW - 168 WITH STOPLOSS - 173 TARGET - 162 TRADE WITH CAUTION.
AUROBINDO PHARMA - BULLISH INDICATIONS RSI - ABOVE 75 TE TREND INDICATOR - BULLISH IN HOURLY & DAILY BUY BETWEEN 700 - 710 WITH STOPLOSS 682 TARGET - START BOOKING AT 744 UPTO 756
The India Cements Ltd. - DAILY The stock looks quite strong in charts and presently consolidating in an inside bar candle and in a narrow range which is usually followed by expansion in the share price. We may see short term pullback to the breakout area to 110 but the breakout on strong volume above swing high of 124 may infuse further strength in the...
Lupin Ltd. -- DAILY The stock is consolidating in a narrow range. Rsi too taking support above 55 level showing strength in the stock. Likely to see a breakout above swing high of 878. Next Resistance is swing Low if 828. Keep a watch.
Bharat Forge Ltd. The prices are forming a descending Triangle pattern and facing a resistance at 280 levels. If prices move up, the stock can reach 300 330 levels. Support exists at around 265 levels! Keep a Watch!!
Amara Raja Batteries Ltd. The prices are consolidating in a narrow range and trading on the verge of a breakout. Likely to see short term breakout above swing high of 685. Probable resistance (post-breakout) comes at 625 and 645 respectively. Keep a watch.
Yes Bank Ltd. - BEARISH TREND There is no reversal witnessed and the price is maintaining negative bias in the lower side of the downtrend. Daily and weekly trading volatility has sqeezed which clearly shows that traders are not interested to enter for long positions yet. 31.60 - 20.25 zone can be considered as resistance and support respectively. Breakout...
Tata Chemicals Ltd. It closed within 100 and 200 day SMA and formed an Inside bar pattern. Technical indicators are mild bearish. If price trades below Inside bar 274, nearby support is 50 day SMA(261) on the daily chart. We might see a downfall till 245.
ICICI Bank Ltd. The stock is making lower lows. Technical indicators are bearish. If price trades below weekly low 293.70 next support is swing low 268 and resistance is 390 on the weekly chart.
Indraprastha Gas Ltd. The stock is taking support at 100 SMA in the daily chart and likely to see short term bounce until 440-445 zone is protected on the downside. Technical parameters look neutral to positive as of now. The next resistance is 460 & then 480. If prices break the support one, it can move down to 398. Keep a Watch!!
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Tata Motors Ltd. is trading within Inside bar pattern for the last 3 sessions. Technical indicators are mild Bearish now. Price can move either side if price closes above Inside bar 93.75 next resistance is 106 and if price closes below Inside bar 74.80 next support is swing low 63.50 on the weekly chart.
ITC Ltd. The stock is trading within Inside bar pattern for the last 2 trading weeks. Technical indicators are mild bearish. However, the prices can move eitherside. If price trades above Inside bar 182, the next resistance is mid bollinger band 193.35 and if price trades below Inside bar 157 near by support is 139 on weekly chart. Keep a Watch!!
Yes Bank Ltd. - BEARISH TREND There is no reversal witnessed and the price is maintaining negative bias in the lower side of the downtrend. Daily and weekly trading volatility has sqeezed which clearly shows that traders are not interested to enter for long positions yet. 31.60 - 20.25 zone can be considered as resistance and support respectively. Breakout...
Cipla Ltd. The stock bounced from the support zone and inched higher. RSI too took support from 55 level showing strength in the stock. We may see further strength until 565-570 zone is protected on the downside and further momentum breakout to take place above swing high of 633. Above 633, it may rise to the touch the high of 678. Keep a watch.