#BIRLACORPN WEEKLY CHART VIEW!! Birla Corporation Ltd. is trading right below the resistance line. It is likely to see short term breakout above swing high of 760 . Further momentum to take place above 805 level. Technical parameters looks positive as of now. Keep a watch.
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Corporation Ltd is consolidating in an Ascending Triangle pattern in the weekly chart and recently bounced from the lower line of the pattern. Probable resistance comes at 690-705 zone. Closing above 705 level may lead to further strength in the medium term. Keep a watch.
#TCIEXP MONTHLY CHART VIEW TCI Express Ltd. bounced from the weekly support zone and 38.2% Fib retracement. Likely to bounce future up in the near term until the stock holds 740-760 zone. Technical parameters looks neutral as of now. Keep a watch.
#ABB WEEKLY CHART VIEW ABB India Ltd. trading near resistance level. Technical indicators are mild bullish. If price closes above resistance level 997 near by resistance is 1140 and support is 850 on weekly chart.
#ASIANPAINT WEEKLY CHART VIEW!! Asian Paints Ltd. trading at life time high. Technical indicators are bullish. If price trades above weekly high 2243 near by Fibonacci resistance is 2298 and 2403 support is 2060 on weekly chart.
#MPHASIS DAILY CHART VIEW!! Mphasis Ltd. trading in an uptrend and constantly respecting uptrend line and 50 SMA. Presently the stock consolidating in a narrow range and likely to see further momentum above 1415 level. Technical parameters looks neutral as of now. Keep a watch.
#ABB WEEKLY CHART VIEW!! ABB India Ltd. trading at support level. Technical indicators are mild bearish. If price closes below support level 846, the near by support is 722 and resistance is 998 on weekly chart.
#TATACONSUM WEEKLY CHART VIEW!! Tata Consumer Products Ltd. witnessed breakout from the falling wedge and likely to see further momentum above swing high of 505 level. Technical parameters looks positive as of now. Keep a watch.
#ROUTEMOBILE DAILY CHART VIEW!! RouteMobile has taken monthly breakout and likely to stay positive till the stock holds 970-980 zone on closing basis. Further momentum to take place above swing high of 1015 level. Technical setup looks quite strong as of now. Keep a watch.
#ADANIENT DAILY CHART VIEW!! Adani Enterprises Ltd. has taken Cup & Handle breakout in the daily chart with strong support at 330 level. Moreover the recent breakout has taken place on strong volume. Technically the chart setup looks quite strong in weekly timeframe. Keep a close watch.
#ITC WEEKLY CHART VIEW!! ITC Ltd. trading near support level whereas technical indicators are bearish. If price closes below support level 157 near by support is 139 and resistance is mid bollinger 185 on weekly chart.
#INFY DAILY CHART VIEW!! Infosys Ltd. bounced from the convergence of uptrend line and Kijun Sen line of Ichimoku. Likely to stay positive until it stays and closes above 1078 level. Technical parameters looks neutral to positive as of now. Keep a watch.
#ICICIBANK WEEKLY CHART VIEW!! ICICI Bank Ltd. trading near resistance level. Technical indicators are bullish. If price trades above resistance level 429 near by resisatcne is 475 and support is mid bollinger band 374 on weekly chart.
#APOLLOTYRE WEEKLY CHART VIEW!! Apollo Tyres Ltd. has broken above very significant trendline. Weekly RSI 50+ If stock sustains above 140.5 it can have significant uptrend towards 215 (61.8% Fibonacci pull back) or even higher over time.
#TATASTEEL WEEKLY CHART VIEW!! Tata Steel Ltd. is trading near resistance level. Technical indicators are bullish. If price trades above resistance level 444 near by resisatcne is 506 and support is 350 on weekly chart.
#INDUSINDBK WEEKLY CHART VIEW!! IndusInd Bank Ltd. As per weekly chart short term trading sentiment is clearly flattish ahead of 665 resistance. sustainable trading above 668 may try to achieve 690-700-730 on the upside. Weakness below 590 may convert short term flattish bias in to negativity.
#BRNL WEEKLY CHART VIEW!! Bharat Road Network Ltd. is consolidating in a narrow range; right above the support zone. Presently the stock is trading below 20 SMA and likely to see short term bounce if the stock holds 27-29 zone. Break below 27 on daily closing basis may extend further weakness in the stock. Technical parameters looks weak as of now. Keep a watch.
#SPENCERS WEEKLY CHART VIEW!! SpencerS Retail Ltd. is consolidating in a strong consolidation zone in the weekly chart and confirmed breakout will take place above swing high of 112 level. Next probable support in the short term comes at 75-80 zone as of now on a closing basis. Technical parameters looks neutral. Keep a watch.