Pearl_Kaur

Pearl_Kaur

Rites Ltd. bounced from the convergence of 100 SMA and support zone and likely to stay positive until it holds above 235-240 zone and probable resistance in the near term comes at 268 and 300 respectively. Technical parameters looks neutral as of now. Keep a watch.

Pearl_Kaur

#SIEMENS WEEKLY CHART VIEW Siemens Ltd. consolidating in an ascending triangle pattern in the weekly chart and also trading in an Inside bar candle. Breakout from the pattern to take place above swing high of 1270 level. In the short term, 1120-1140 zone likely to act as a support. Technical parameters look neutral as of now. Keep a watch.

Pearl_Kaur

#IEX DAILY CHART VIEW Indian Energy Exchange Ltd. faced resistance from weekly resistance zone. Probable support in the near term comes at 175. Breakout in the stock to take place only above swing high of 205 level. Technical parameters look neutral as of now. Keep a watch.

Pearl_Kaur

Majesco Ltd. in a strong consolidation in the weekly chart and likely to see momentum breakout above swing high of 802 level. Technical parameters looks positive as of now. Keep a close watch.

Pearl_Kaur

CRISIL Ltd. trading right at the weekly resistance zone and confirmed breakout in the stock to take place only above 1915 level. Technical parameters looks positive as of now. Probable resistance post breakout comes at 2000 level. Keep a watch.

Pearl_Kaur

TVS Motor Company Ltd. trading in a rising channel and taking support from the convergence of support zone, lower line of the channel and Kijun Sen line of Ichimoku. Likely to see further strength in the coming days until the stock stays above 423-430 zone. RSI too taking support right above 50 level which suggest strength as of now. Overall a very good risk...

Pearl_Kaur

NIFTY 50 has closed above the convergence of support zone and Kijun Sen line of Ichimoku. RSI too took support from mid 50 line which suggest positive as of now. We may most likely see the uptrend to continue until the index stays above 11300 level on a daily closing basis. Overall the setup is still bullish as of now.

Pearl_Kaur

Havells India Ltd. closed above resistance level whereas Technical indicators are bullish. If price trades above today,s high 654 near by resistance is 665 and and support is 100 day sma(638) on hourly chart.

Pearl_Kaur

#RELIANCE Reliance Industries Ltd. consolidating in an Inside Bar candle in the weekly chart and looks very strong as per technical parameters in the weekly chart. On the downside, important support comes at 2000 and further momentum to take place above swing high of 2200 level. Overall the chart setup is still very strong and the uptrend is still intact as...

Pearl_Kaur

#BPCL DAILY CHART VIEW Bharat Petroleum Corporation Ltd. consolidating in a symmetrical triangle. RSI below 50 with very mild bearish bias & Volume declining day by day. The stock can breakout on either side. On upside breakout above 425, it can rally towards 468.. On downside break below 403, 355 can be seen on downside.

Pearl_Kaur

#NTPC DAILY CHART VIEW NTPC Ltd. pulled back to 61.8% Fibonacci zone 94 after a sharp rally. If 94 is protected on the downside, the stock can move higher towards 97(mid bol ) & 108(upper bol band). RSI near 50 & neutral. Below 94, it can fall towards 84 (lower bol). Volume on decline lower than volume in Rise.

Pearl_Kaur

#RECLTD DAILY CHART VIEW REC Ltd.LTD consolidating in an ascending triangle. likely breakout is expected on upside. Sustaining above 117 it can move towards 133-142. RSI is directionless and neutral. In case of unlikely break below 104, it has the potential to fall towards 80.

Pearl_Kaur

#LT DAILY CHART VIEW Larsen & Toubro Ltd. 940 important support level Below 940 stock may move to 915 (channel lower bound) or 900 RSI has dipped below 50 and weak However sustaining above 940, it may move towards 975 (mid bol), 1015 (upper bol) & 1100

Pearl_Kaur

#TATASTEEL DAILY CHART VIEW Tata Steel Ltd. stock is near the support zone of 420. If 420 breaks, 408 (lower bol)-410 may act as support and may eventually fall towards 355 On upside 424 (mid bo) and 441 (upper bol) are important levels, above which fresh upmove may resume

Pearl_Kaur

#TATACONSUM daily chart view Tata Consumer Products Ltd. charting a territory of its own irrespective of the overall market. Stock remains strongly bullish above 555. RSI in the overbought zone. maintaining above 555 stock can eventually move towards Fibonacci extension levels 650-708. On Downside 555, 530 important supports.

Pearl_Kaur

#TATACOMM DAILY CHART VIEW Tata Communications Ltd. stock is in a clear steady uptrend so far RSI steadily above 50. On Friday among market mayhem ,it broke out of a flag pattern. Immediate support near mid bol 863, staying above it stock can move towards 938 & 1048.

Pearl_Kaur

#SUNPHARMA WEEKLY CHART VIEW Weekly RSI 50+. The stock pulled back to 61.8% Fibonacci level, if it breaches 510, it may fall towards 490 (mid-bol)-485 Staying above 510, stock can pullback towards 530 However weekly candle may act as a bearish engulfing triggering a major fall next week

Pearl_Kaur

#DIVISLAB DAILY CHART VIEW Divis Laboratories Ltd. is consolidating with progressively declining volume and positive RSI divergence RSI still 50+. Stock has initial support at mid bol 3193 On downside 3012 is crucial, once breached it may fall towards 2820 to fill up breakaway gap. Upper bol 3329-3370 - immediate resistance.