Bajaj Finserv Ltd. The Stock is consolidating in a symmetrical triangle pattern in the daily chart. It is likely to see short term breakdown below swing low of 4375. Technical parameters suggest weakness in the stock. Keep a watch!!
NMDC Ltd. Trading in a rising channel and likely to see breakdown below swing low of 69.5. Technical parameters suggest weakness in the stock. BEARISH TREND IN WEEKLY & MONTHLY TIMEFRAME. On the upside 80-82 zone likely to act as a crucial resistance zone for the stock as of now. Keep a watch.
Housing Development Finance Corporation Ltd. Trading near the support level (1620). Technical indicators are bearish. If price closes below support level 1473, the next support is lower bollinger band 1294 and resistance is 1950 on weekly chart.
Tata Consultancy Services Ltd. It is trading within INSIDE BAR pattern for the last 3 trading weeks. Technical indicators are mild bullish. Nearby resistance is 50 day SMA (2064). If price closes above 50 day SMA, the next resistance is swing high (2285) and support is Inside bar low 1825 on weekly chart.
BSE Ltd. Witnessed a breakout last week and presently trading right below 100 SMA and resistance zone in the daily chart. Further strength to take place only above swing high of 440 on an hourly closing basis and next probable resistance post breakout comes at 480 at 200 SMA. However we may see correction in the stock if it fails to sustain above 440 level....
Tata Steel Ltd. - BEARISH IN WEEKLY AND MONTHLY TREND Trading near the support level. Technical indicators are bearish. Nearby support is 250. If price closes below 250 level next support is 200 and the resistance is 304 on the weekly chart.
Dabur India Ltd. Anticipated weakness extended below 50 MA: 454 and also broken down 440 support line. Trading near low indicates weakness intact on the underlying momentum. RSI trying hold above 50 but weakness below 40 will increase the speed of the negative move. MACD trying to enter the negative territory. The breakdown below 430 may extend weakness...
Indiabulls Housing Finance Ltd. Negativity intact and it is maintaining the same price extended underlying weakness on the first day of the week. No reversal signal found yet. The trend is still Bearish in 15min, 1 hour and daily timeframes. Below 117, there might be more weakness on the cards. Can move down to 114 - 108 - 100 (immediate supports). On the...
ASHOKLEY - DAILY - ASCENDING TRIANGLE Stock is bearish in Weekly and Monthly timeframes. Prices have been facing Resistance from the Upper Bollinger band (51.90) and the Mid-Bollinger band has been acting as a SUPPORT. If the prices break (46.75), the next support is 43.50 and then 39.75.
Dr. Lal Pathlabs Ltd. - Symmetrical Triangle It closed near resistance level and above 100 day sma. - Technical indicators are bullish if price closes above the resisatnce level 1632; next near by resistance is 1758 and support is 50 day SMA (1520) on daily chart. - If it breaks the lower side with volumes, the support levels are 1465 and 1303.
Lupin Ltd. It is trading in a narrow range and has closed with an Inside bar pattern. Technical indicators are mild bullish. However, the price can move either side. If price trades below Inside bar 828 next support is 792 and if price trades above Inside bar 867 next resistance is swing high 906 on the daily chart.
SRF Ltd. It is trading in a narrow range and at the resistance level (Fibonacci 61.8%). Technical indicators are mild bullish. - If price trades above the upper resistance level 3750 and breaks Fib 78.6% level (3879) with Volume, then the next resistance is 4100 & then 4264. Support is 100 DAY SMA (3549) on daily chart. - On the downside, if it breaks (3480)...
Glenmark Pharmaceuticals Ltd. - It is trading above 200 DAY SMA (BLUE). - It is trading in a narrow range. - Technical indicators are mild-bullish. If price trades above narrow range 359 #breakout is expected. Keep a watch!!
TE SCALPER TOOL HELPED US TO BOOK RISK-FREE 180 POINTS IN BANKNIFTY, EVEN IN THIS CHOPPY MARKET. TRADE WITH CONFIDENCE. 1 INDICATOR. 1 SYSTEM. EASY RULES. FOLLOW TE SCALPER SYSTEM, PROFITS WILL FOLLOW YOU.
RBL Bank Ltd. is consolidating in a rectangle pattern. Fresh momentum post-break is expected either side of the range 100-140. A breakout above 140, the next resistance comes at 160 level. Technical parameters look weak as of now. Keep a watch.
AMARA RAJA BATTERIES - BEARISH TREND (3-4 DAYS) SELL BETWEEN 547 - 544 WITH STOPLOSS 558 (KEEP TRAILING) TARGET - 529
MARICO - BULLISH TREND BUY BETWEEN 319 & 321.50 WITH SL 312 TARGET 332
NIFTY BANK IS BEARISH IN 15MIN AND 1 HOUR TIMEFRAME. I WILL SELL ON EVERY RISE UPTO 19225 WITH STOPLOSS 19430. ONCE 19170 IS BROKEN WITH VOLUMES, MY TARGET IS 17970. INCASE OF EXTREME GAPUP/GAP DOWN, THESE LEVELS WILL NOT BE VALID. TRADE WITH CAUTION.