Hindalco Industries Ltd. Technical observation is clearly unchanged. The stock price closed with a negative inside bar candle. As of now prior positive momentum got halted since the past two trading weeks. Fresh positive move may expand above 208 . On the down side 190 - 180 are important support to consider.
Yes Bank Ltd. Their is no change in technical observation. No clear changes witnessed in the price momentum, which is clearly flattish. Technically price maintaining negative sentiment on the lower side of the down trend . Higher side above 17.20 may try to achieve 20 -22 o the up side. Weakness below 13.75 may drag the price towards 13.55- 12.50 - 11.90 - 11...
Tube Investments of India Ltd. DOJI pattern witnessed in the higher side of the current up trend. Technically its a indecision situation. 678 - 680 zone is resistance and 635 is support. Breakout of this mentioned resistance and support expected to unfold fresh momentum.
Kansai Nerolac Paints Ltd. Technically Price maintaining short term flat bullish sentiment above 50MA: 464. Short term momentum marginally flattish, on the upside 500 - 505 - 518 - 526 are immediate resistances to maintain. On the down side 475 - 464 are crucial support to be maintain.
BSE Ltd. witnessed breakout from the downtrend line and likely to stay positive until it holds 490-500 zone. Likely to see further momentum above swing high of 565. Technical parameters looks positive as of now and volume setup too looks strong. Keep a watch.
RBL Bank Ltd. has a pullback to the breakout area and likely to stay positive until it holds 185-190 zone. Likely to see further momentum above swing high of 220 level. Technical parameters looks neutral as of now. Keep a watch.
#ESCORTS Escorts Ltd. Broke above important resistance of 1195, volume was high, RSI 50+ & surging Staying above 1195, stock can move towards 1310.
Havells India Ltd. pulled back to supertrend , RSI 50+ & steady. once it sustains above mid bol 625, it may move towards upper bol 660. Stock has strong support in 615-605 zone.
#RELIANCE Reliance Industries Ltd. Stock on daily chart is trading in a symmetrical triangle pattern and a likely breakout above 2130 levels can drive stock to 2200 2230 levels while 2000 levels seem to be a good support.
ICICI Bank Ltd. pulled back post breakout,RSI 50+ Stock took support at 380-376 (mid bol) If it sustains above 393-395 it may move towards 435 or higher Overall structure looks bullish.
#HEROMOTOCO Hero MotoCorp Ltd. stock pulled back to the important support of mid bol in 2900 area. RSI 50+ . If the stock can maintain above 2900, it can resume its up move and approach upper bol 3195.
#TITAN Titan Company Ltd. is having a channel up move RSI 50+ & steady 1087-1100 range is support area; sustaining above 1117 (daily mid bol) it can move towards 1165 (upper bol) & 1220 (upper end of channel)
#SUNTECK Sunteck Realty Ltd. faced resistance from the convergence of 38.2% Fib retracment and 50 SMA. Likely to stay weak in the short term until it stays below 300 level. Technical parameters looks neutral as of now. Probable support on the downside comes at 215 level. Keep a watch.
#DHAMPURSUG Dhampur Sugar Mills Ltd. faced resistance from the convergence of 50 SMA and weekly resistance zone. Likely to see short term resistance from 160-165 zone and made a pullback to the breakout area. Likely to see bounce in the short term until it holds 140-143 zone. Technical parameters looks neutral as of now. Keep a watch.
#TATACOFFEE Tata Coffee Ltd. witnessed breakout last week and any pullback to 103-108 zone may be seen as a retest to the breakout zone. Until the above support zone is held, we may see further pullback in the stock. Probable resistance in the medium term comes at 130-135 zone. keep a watch.
#PVR PVR Ltd. trading right above the support zone after facing resistance 200 SMA in the weekly chart. Likely to see bounce in the near term until the stock stays above 1275-1310 zone in the near term. Probable resistance comes at 200 SMA at 1400 and close above which in the daily chart may trigger further strength in the stock. Technical parameters looks...
Tata Steel Ltd. trading near resistance level whereas technical indicators are bullish if price closes above resistance level 442 near by resistance is 500 and support is 438 on weekly chart.