PEL SPOT chart is forming inverse head and shoulder pattern. Break out with closing above neckline may give the marked target to validate this pattern successfully. VIEW NEGATED BELOW - 1369 (DCB).
JUBILANT SPOT Breakout resistance trend line and day close above. good entry level @740-50 for Levels - 936/1095/1209. VIEW NEGATED BELOW - 709 (DCB).
VIPIND SPOT chart is forming XABCD Harmonic pattern. looking good for levels - 449/519/609. VIEW NEGATED BELOW - 329.
ICICIGI Spot chart is forming inverse CUP WITH HANDEL pattern. Break out with closing above neckline may give the marked target to validate this pattern successfully. VIEW NEGATED BELOW - 1359 (DCB).
MARUTI Spot chart is forming inverse head and shoulder pattern. Break out with closing above neckline may give the marked target to validate this pattern successfully. VIEW NEGATED BELOW - 6749 (DCB).
MANAPPURAM FINANCE SPOT LONG ABOVE @171 for Levels -181/195. VIEW NEGATED BELOW - 159.50 (DCB).
BREAK OUT OF INVERSE HEAD AND SHOULDER. TO VALIDATE THIS PATTERN IT MAY GIVE TARGET OF 334.70 IF IT PROTECTS 285 (DCB). IDEAL ENTRY 297-300
RAYMAN HOSPITALITY PPTYS (CMP-37.33) strong resistance zone seen at 37-39. if breakout and hold then go long for levels - 47.50/64/77. View negated below -33.90 (DCB).
RPGLIFE (Spot) made double bottom pattern in weekly timeframe. This is looking attractive for 411/461/521 if 329 is protected on DCB. Fundamentals- -> Company has been maintaining a healthy dividend payout of 29.68% -> Pharma and API are in strong uptrend.
CUPID LTD (SPOT) Made double bottom pattern. If it break neckline it may rally for level -299/325/349. view negated below - 239 (Day Closing Basis). Fundamentals- 1. Repeated consumption business 2. Expecting good quarter 3. Maintaining healthy dividend payout of 26.48% 4. Profit growth and ROE is also very attractive.
AUROPHARMA spot is near strong support zone (850-40). if hold this level then go long for level - 899/949. view negated below - 819 (DCB).
If Maruti Spot Day Closing Above @7101 then go Long for Levels - 7551/8111. View negated below - 6999 (DCB).
TCS SPOT is in strong uptrend. If this holds present support zone. It can rally up to 2450++. View negated if create new LOWER LOW on Day Closing Basis.
TATACHEM SPOT (CMP-335.80) trading at strong resistance zone (332-40).If breakout this zone and hold then go long for levels -399/489. VIEW NEGATED BELOW -314 (Day Closing Basis).
NIFTY SPOT (CMP-11387.50) Strong Support Zone (11320-290) and Rising Bottom Line & Trend Line Support Zone (11340-360).
HINDUNILVR FUTURE (2182.35) Strong Support Zone @2180-50. Resistance Line at 2211 if Breakout Resistance Line and hold then go long for Levels - 2249/2299/2349. VIEW NEGATED BELOW - 2184 (DCB).
BERGERPAINT FUTURE (CMP-572.05) Strong Support Near @565. if hold this level then go long for levels -572/581/588. View negated Below - 559.
BAJFINANCE FUTURE (CMP-3501) strong resistance zone @3500-3540. if breakout and hold above then go long for levels - 3849/4149/4299. View negated below - 3449 (DCB).