Kotak Mahindra Bank Ltd. is trading at life time high. Technical indicators are bullish. If price trades above weekly high 1899 near by Fibonacci resistance is 2052 and support is 1729 on weekly chart.
#BAJFINANCE WEEKLY CHART VIEW!! Bajaj Finserv Ltd. is making higher highs with good volume. Technical indicators are bullish. If price trades above weekly high 8588; near by resistance is 9950 and support is 6700 on weekly chart.
#IEX WEEKLY CHART VIEW!! Indian Energy Exchange Ltd. is trading right below the weekly resistance zone and momentum breakout to take place above 220 level. Technical parameters looks neutral to positive as of now. Keep a watch
#WONDERLA WEEKLY CHART VIEW!! Wonderla Holidays Ltd. is consolidating in a Cup and Handle pattern in the weekly chart and is likely to see momentum breakout above swing high of 200 level. Probabale resistance post breakout comes at 225 and 240 respectively. Technical parameters looks neutral as of now. Keep a watch.
#SUNDARMFIN WEEKLY CHART VIEW!! Sundaram Home Finance Ltd. is trading right below weekly resistance zone and is likely to see momentum breakout above swing high of 1790 level. Technical parameters looks positive as of now. Probable resistance post breakout comes at 1890-1925 zone. Keep a watch.
#TATACONSUM WEEKLY CHART VIEW!! Tata Consumer Products Ltd. is trading above mid bollinger band. Technical indicators are mild bullish. If price trades above weekly high 524, near by resistance is 570 and if price closes below mid bollinger 498 near by support is 460 on weekly chart.
#SUNTECK WEEKLY CHART VIEW!! Sunteck Realty Ltd. is consolidating in a narrow range and likely to see short term breakout above the swing high of 274. Technical parameters look neutral to positive as of now. Probable resistance post breakout comes at 290-290 zone.
#JAGRAN WEEKLY CHART VIEW!! Jagran Prakashan Ltd. is consolidating in a narrow range right above the support zone and the breakout from the downtrend line comes at 45 level. Probable resistance post breakout comes at 52 level. Technical parameters look positive as of now. Keep a watch.
#IGL WEEKLY CHART VIEW!! Indraprastha Gas Ltd. sustained above weekly resistance zone on a closing basis and likely to stay positive in the short term if the stock stays above 430-438 zone. Probable resistance comes at 455 and then at 480 level respectively. Technical parameters look positive as of now.
#NESTLEIND WEEKLY CHART VIEW!! Nestle India Ltd. is trading near mid bollinger band. Technical indicators are mild bullish. If price trades above 17400, near by resistance is 18300 and if price closes below mid bollinger band 16457 near by support is 15400 on weekly chart.
BSE #APOLLOPIPE MONTHLY CHART VIEW!! Apollo Pipes Ltd. is trading above previous swing top but looks strong as per technical setup in the long term chart. Weekly swing high above 725 may extend further strength in the stock in medium term. Keep a watch.
#HDFC WEEKLY CHART VIEW!! Housing Development Finance Corporation Ltd. is trading above upper bollinger band. Technical indicators are bullish. If price trades above weekly high 2365 near by resistance is 2477 and support is 2138 on weekly chart.
#TCS WEEKLY CHART VIEW!! Tata Consultancy Services Ltd. is trading in narrow range. Technical indicators are bullish. If price trades above narrow range 2885 near by Fibonacci resistance is 3122 and if price trades below narrow range 2600 near by support is mid bollinger band 2445 on weekly chart.
#SPENCERS WEEKLY CHART VIEW!! SpencerS Retail Ltd. is consolidating in a strong consolidation zone in the weekly chart and confirmed breakout to take place above swing high of 112 level. Next probable support in the short term comes at 70-75 zone as of now on a closing basis. Technical parameters looks neutral as of now. Keep a watch.
#SIEMENS WEEKLY CHART VIEW!! Siemens Ltd. witnessed profit booking in the last session and any pullback to the breakout area of 1290-1310 zone may be looked upon as a buying opportunity as per risk reward setup. Probable resistance comes at 1470 level. Keep a watch.
#RITES WEEKLY CHART VIEW!! Rites Ltd. bounced from the convergence of 100 SMA and support zone and likely to stay positive until it holds above 235-240. Probable resistance in the near term comes at 268 and 300 respectively. Technical parameters looks neutral as of now. Keep a watch.
#MnMFIN WEEKLY CHART VIEW!! Mahindra & Mahindra Financial Services Ltd. is trading right below resistance zone and likely to stay weak till it stays below 144-148 zone. Likely to see short term breakout above swing high of 152 level. Technical parameters looks neutral to positive as of now. Keep a watch.
#MOTHERSUMI DAILY CHART VIEW!! Motherson Sumi Systems Ltd. had a first red candle after several green days. RSI & DI+ still indicate bullishness, immediate support near 129 & 123.5, followed by 114 (mid bol band) Staying above 129, the stock may move towards 142.