Pearl_Kaur

Pearl_Kaur

#BRITANNIA CHART VIEW Britannia Industries Ltd. Sharp down fall witnessed after break down from 3700 level as per weekly chart. As of now intraday trading sentiment is looks negative and more lower side below 3585 can extend weakness further on the down side. As of now 3700- 3750- 3800 - 3900 should consider as resistance.

Pearl_Kaur

Bharat Heavy Electricals Ltd. Consecutive three negative closing increase probability of negative momentum in coming days. Technically, Price presently trading on the verge of 34 support. Weakness below can drag the price towards 30 and more lower side. On the up side 35.55 - 37 (50MA) - 37.50 (5MA) are strong resistances.

Pearl_Kaur

#RAIN CHART VIEW Rain Industries Ltd. AS per chart its clear that price had broken down 107- 105 support and extended weakness on the lower side. As of now 100 is major psychological support, weakness may drag the price towards 95- 92. On the upside 107- 110 (5MA)-113 are should consider as immediate strong resistances.

Pearl_Kaur

#SBIN CHART VIEW State Bank Of India closed below mid bollinger band Technical indicators are mild bearish and sloping downwards. Near by support is 163 and resistance is 225 on weekly chart.

Pearl_Kaur

#IBULHSGFIN Indiabulls Housing Finance Ltd. As per anticipation the price had extended weakness below 190 (support). Technically Symmetrical triangle breakdown is clearly visible and closed near to weekly low, hence holding negative-sense intact . More weakness below 175.50, may increase bearish move more on the down side. On the up side 185 - 190 - 195 -...

Pearl_Kaur

#BALKRISIND Balkrishna Industries Ltd. closes at resistance level with good volume. Technical indicators are bullish. If price trades above resistance level 1415, next fibonacci resistance is 1449 and 1513 support is 50 day sma(1317) on daily chart.

Pearl_Kaur

#VOLTAS Voltas Ltd. is in a uptrend within a wedge like structure. The stock had a flag break out. Staying above 682, it is poised to approach February swing high 742 or flag pole projection 780. But Friday's candle created a potential bearish engulfing pattern, hence staying below 680, it can see a correction towards mid bollinger approx. 660.

Pearl_Kaur

#INFY Infosys Ltd. had broken out of symmetrical triangle. It is moving up with the upper bollinger band. If it sustains above the upper bollinger 1007, it may move towards 1040 as we infer from the triangle breakout. Sustaining below 1000, stock may move towards mid bol 950. RSI is bullish and supportive.

Pearl_Kaur

#CIPLA Cipla gave a breakout. Volume was high and it closed near to the prior swing high 815. The stock will remain bullish as long as it will stay above 784. Sustaining above 815, it may move towards fibonacci extensions 880-925 or even higher. Keep A Watch!!

Pearl_Kaur

#JSWSTEEL JSW Steel Ltd. is quite bullish. Price is undergoing consolidation near prior high of 296. RSI firmly bullish Mid bollinger 286 is an important level, below that lower bollinger 276 is important support. On higher side 296 important resistance. If the stock sustains above 296, it can resume a stronger upmove, Also you can see a RSI hidden bullish...

Pearl_Kaur

#RBLBANK RBL Bank Ltd. recently took support from the weekly support zone and likely to stay positive until it holds 165-170 zone. Likely to see further momentum in the stock above swing high of 218 level. Technical parameters looks neutral as of now. Keep a watch.

Pearl_Kaur

#BRITANNIA Britannia Industries Ltd. The stock price trading with marginal bullish conviction with in a flag pattern. 3900 is standing as immediate resistance Breakout can help the price to test 3930- 3950 - 4000 on the upside. Whereas on the lower side 3700 - 3655 -3680 are should consider as support.

Pearl_Kaur

Mahindra & Mahindra Ltd. The stock price is consolidating around 5MA: 624. Though the price has some bullish momentum but currently has not enough volume to give a successful breakout above 655- 680 levels. Breakout above 655 may try to achieve 680 and above levels. Below 610-600 support support comes at 590 -570- 550.

Pearl_Kaur

Dabur India Ltd. Their is no huge changes visible The price is maintaining same sideways trading sentiment. 515 is immediate resistance and 494 (5MA) - 490 are supports. Breakout from mentioned support and resistance can unfold up move towards 525-530 on the up side and 480 - 475 should consider as sown side supports below 490.

Pearl_Kaur

Tata Metaliks Ltd. Retested the breakout area and took support right from uptrend line. Technical parameters look neutral as of now. The stock is consolidating in a narrow range and likely to see further momentum post breakout on either side of the range 500-590. Next important resistance post breakout comes at 618 at 200 SMA. Keep a watch.

Pearl_Kaur

Birla Corporation Ltd. Trading right above the resistance zone and 200 SMA. Likely to stay positive in the medium term until the stock holds 700-707 zone on a weekly closing basis. Probable resistance in the medium term comes at 800-820 zone. Keep a watch.

Pearl_Kaur

IndusInd Bank Ltd. Low volatile small DOJI type candle witnessed above 5MA: 605 . Technically 641 - (600 -585) should consider as resistance and support respectively.

Pearl_Kaur

Siemens Ltd. Consolidating in an Ascending triangle pattern in the weekly chart and recently attempted a failed breakout. Further strength to be seen only above 1270 on a closing basis in the daily chart. On the downside, 200 SMA at 1195 likely to act as a crucial support. Keep a watch.