NBCC after failing to break its resistance of 68.40, corrected till 60.
Since 9 days it has been trading in a narrow range between 63-60.
Expecting a big move, hopefully on the positive side as the market is bullish.
Ashok Leyland is trading in a narrow channel after being down from 95 levels.
Possible cup and handle formation can be played if it breaks from 89+ and will try to test 95 levels.
Keep a close watch on the stock as it is undergoing various internal changes in the management.
M&M has been in a downtrend for a while now.
Fortunately, it has shown some recovery from 622 levels.
A possible Inverted Head & Shoulder pattern seems to be in a formation
Auto sales report will be in focus on April 1 which could act trigger for the stock.
It's a must buy above 700 for 780 targets.