Bharat Petroleum Corporation Ltd. has pulled back to a level where two trend-lines intersect Today it formed a green bodied Doji. 395-398 is decent support for the stock Staying above 408 (61.8% fibonacci pull back of last rise ), it may resume uptrend. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
#MARUTI Suzuki India Ltd. As per expectations price produce positive breakout above 6800, which pulled the underlying positive momentum above 6900. Short term technical momentum is positive , more higher side above 6920 may test 7000- 7100 on the higher side. 6700- 6675- 6625 are should consider as immediate supports.
#BRITANNIA Industries Ltd. Since past six trading sessions price consolidating with in 300 points on higher side of the current up trend where 3700 is support and 4010 is resistance. Price should break this mentioned support & resistance zone to unfold fresh momentum based clarity on short term direction.
NIFTY 50 going up, however a RSI divergence is also very prominent It may be possible that we are near a short to medium term top if sustains below mid bol and 1160 , it may move towards lower bol 10960 and sustaining below that we may observe much deeper fall THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP....
ICICI Bank Ltd.(4.8% weight in NIFTY 50& 18.7% in NIFTY BANK) RSI above 50, above 370 and 374 the stock may breakout for a strong move towards 390-395 The stock turned around 61.8% pullback of last rise. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
Quick Heal Technologies Ltd. stock had a swift rally, then a shooting star top was created. Then the stock fell to 61.8% Fibonacci pullback level of the upmove to fill the gap. Since last 2 days, the stock is creating small inside bar candles, sustaining above 133.50-134, stock can move towards prior swing high of 146. On downside,mid bollinger 121 is very...
Gulf Oil Lubricants India Ltd. consolidating in a symmetrical triangle pattern in the weekly chart and likely to see breakout only above swing high of 690. Technical parameters looks neutral as of now. Probable resistance post breakout comes at 717 and then at 735 respectively. Keep a watch. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS,...
CCL Products (India) Ltd. faced resistance from 200 SMA in the weekly chart and closed below the downtrend line. Probable resistance in the near term comes at 266 at 200 SMA and momentum breakout to take place only above swing high of 277. Technical parameters looks positive as of now. Keep a watch. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK...
Sundram Fasteners Ltd. closes with in narrow range. Technical indicators are bullish. If price trades above narrow range 459 near by resistance is 520 and support is 422 on daily chart. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
National Aluminium Company Ltd. It is trading right below the downtrend line and likely to face resistance from 200 SMA at 36.7 in the daily chart. Break to take place only above swing high of 37.5. Technical parameters looks neutral to positive as of now. Immediate short term support on the downside comes at 34-34.5 zone. THIS IS MY GENERAL VIEW OF THE...
Indraprastha Gas Ltd. is trading below weekly resistance zone. It is likely to stay weak until it stays below 400-410 zone. Technical parameters looks weak as of now. Next important support comes at 350 level. Keep a watch. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
Abbott India Ltd. As per weekly chart price consolidating with in flag pattern . Sell off from weekly high halted the up move possibility. Breakout with sustainable trading above 17350 may gain strength to achieve 18000 and onward points. 16230 - 15720 should act as immediate support. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS,...
Infosys Ltd. Post 845 resistance breakout sharp up move helped the price to test 970 mark easily. Since last two trading sessions up move been halted and inside bar clearly visible. 987 - 1000 zone should consider as immediate resistance and breakout must extend bullish move further . On the lower side 939 - 915 should act as important supports, breakdown may...
Larsen & Toubro Infotech Ltd. Underlying main positive up move halted in front of negative closing . Considering 2530 if intraweek negative momentum extended below 2400 short term correction possibility may increase. 2375 (5MA) - 2400 may act as support. 2375 - 2530 zone should break to produce fresh momentum clarity. Underlying trend is bullish . More higher...
Dabur India Ltd. ended with a potential hammer (confirmation together) , RSI above 50, close above mid bollinger 496, if stock maintains above 496 it can again move towards upper bollinger 524. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
Though Friday's fall was sharp in NIFTY 50 , it managed to closed above mid bollinger 11171. It has formed a wedge and on close below 11171, 11000 & 10962 (lower bol ) may open up. Staying above 11180, Nifty may try to retest 11380 (upper bol). RSI steady above 50. THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND...
Larsen & Toubro Ltd. trading at resistance level Technical indicators are mild bullish if price closes above resistance level 995 next resistance is 1135 and support is 874 on weekly chart.
Bajaj Finance Ltd. trading above resistance level. Technical indicators are bullish near by resistance is 3833 and if price closes below 3100 level near by support is mid bollinger band 2634 on weekly chart. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!