Avenue Supermarts Ltd. trading above mid bollinger band whereas technical indicators are mild bullish near by resistance is 2527 and if price closes below mid bollinger band 2266 near by support is 1955 on weekly chart.
#TCIEXP TCI Express Ltd. Stock price crossed its initial resistance of 770 levels and is now trading at 810 levels. Volumes are good and stock has good delivery and traded quantity. It faces resistance at 825-830 levels and need to give a closing above this on daily charts for good upmove towards 920 levels. View negated if it closes below 795.
#LTI The stock price maintaining short term negative bias. Technically no changes as well as revarsal witnessed yet . Fresh Lower side below More lower side below 2225 - 2330 range may extend negative move further on the lower side. On teh up side 2407 (5MA) - 2480 -2500- 2530 are important short term resistance to keep in mind .
HCL Technologies Ltd. The stock price maintaining trading with in small pennant formation. Technically 675 - 730 zone should consider as immediate strong support and resistances respectively. Breakout of the mentioned support and resistance expected to unfold fresh momentum and directional clarity.
PVR Ltd. taking support right above the breakout area and likely to stay positive in the medium term until it stays above 1290-1310 zone. Probable resistance in the medium term to be seen at 1400 level at 200 SMA. Keep a watch.
BharatRoadNetwork bounced from weekly support zone and strong volume last week shows buyer's interest in the stock. RSI failing to enter oversold area is a sign of weakness as of now. Likely to stay positive in the medium term until the stock stays above 30-32 zone. Keep a watch.
Indraprastha Gas Ltd. trading above weekly resistance zone and likely to stay positive until it stays above 400-405 zone on a closing basis. RSI too witnessed breakout from the trend line. Probable resistance in the medium term comes at 445-450 zone. Keep a watch.
#NMDC NMDC Ltd. consolidating right above the breakout area and likely to stay positive until it stays above 93-95 zone. Technical parameters looks strong as of now. Likely to see further momentum above swing high of 100 level. Probable resistance in the medium term comes at 110 and 120 respectively. Keep a watch.
Titan Company Ltd. closes at resistance level whereas Technical indicators are bullish. If price closes above 1159 level next resistance is 1341 and support is 1045 on weekly chart.
Bharti Airtel Ltd. trading at support zone in the daily timeframe and likely to stay weak in the medium term until the stock stays below 535-540 zone Hourly close below 518 may extend weakness in the short term and next important support in the short term comes at 500-505 zone. Break below 500 level may lead tom further weakness. Keep a watch.
HDFC Bank Ltd. (9.56% weight in NIFTY 50& 26.68% in NIFTY BANK ) Had an important breakout above 1070 1095 is channel resistance, sustaining above it may move towards ascending channel breakout possibility 1140 & above that possibly towards 1235 RSI 50+ & bullish
Infosys Ltd. Technically price trading with in small pennant formation since past three trading weeks. As of now 974 - 986.40 are important resistances in front of the price, where 940 - 942 are immediate support. Breakout of this mentioned support resistance zone may unfold fresh momentum.
Tanla Solutions Ltd. The stock price maintaining anticipated strong up side move supported by volumes. Technically as of now 200 -225 zone need to be consider as resistance in front of the price. On the lower side 190 - 184 - 174 are important supports.
Garware Technical Fibers Ltd. Sharp up move positive move halted now. Technically intraweek negativity clearly visible. Weakness below 1800 may extend intraweek negative move further on the lower side. 1850 -1900 are important short term resistances for the price.
Ratnamani Metals & Tubes Ltd. The stock price formed Candlestick doji pattern. Technically Price traded with in 100 points in this week, where 1180 -1200 re should consider as weekly high and resistance and 1088 should consider as intraweek low and support. Breakout of this mentioned support and resistance zone expected to unfold fresh momentum
United Breweries Ltd. The stock price produced bounce back from rectangular consolidation phase lower side 935-945 area. Closing near present weekly holding short term positive sense intact. More higher side above 1040 may try to test 1060 - 10950- 1100 on the upside.
#PIDILITIND Pidilite Industries Ltd. has broken out of important level of resistance, RSI 50+ & surging If the stock can give weekly close above 1450 & then sustain above , it can eventually move towards 1530,1580 & 1710. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
Sobha Ltd. has broken out of ascending triangle after huge volume being traded yesterday and today RSI very bullish and 70+ If it sustains above 250 it may eventually move towards 320-327 (61.8% fibonacci pullback of the major fall in Feb ) THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!