#SBIN DAILY CHART VIEW!! State Bank Of India closes at the resistance level. Technical indicators are bullish. If price trades above resistance level 206, the near by resistance is 200 day sma(219) and 231. The support is 185 on daily chart.
#MnMFIN WEEKLY CHART VIEW Mahindra & Mahindra Financial Services Ltd. bounced from the weekly support zone some time ago. Likely to see short term breakout above swing high of 137 level and further momentum to be seen above 148. Technical parameters looks neutral as of now. Keep a watch.
#PVR WEEKLY CHART VIEW!! PVR Ltd. is consolidating in a rising channel and is likely to see short term bounce until the stock holds 1125-1130 zone. Probable resistance in the medium term comes at 1330. Technical parameters looks neutral as of now. Keep a watch.
#BAJFINANCE WEEKLY CHART VIEW!! Bajaj Finance Ltd. closed at mid bollinger band. MACD showed bearish crossover and RSI sloped downwards. If price closes below mid bollinger band 3204, the near by support is 2750 and resistance is 3750 on weekly chart.
#ASIANPAINT WEEKLY CHART VIEW!! Asian Paints Ltd. formed doji candle. Technical indicators are bullish. If price trades below previous week low 2011, the near by support is 1907 and if price trades above swing high 2123, the near by Fibonacci resistance is 2200 and 2268 on weekly chart.
#COALINDIA WEEKLY CHART VIEW!! Coal India Ltd. trading below support level and trading at "life time low". Technical indicators are bearish. If price trades below swing low 109.60, the near by Fibonacci support is 103 and 92 & resistance is mid bollinger band 130 on weekly chart.
#BAJAJAUTO WEEKLY CHART VIEW!! Bajaj Auto Ltd. trading in narrow range. Technical indicators are mild bullish. If price trades above narrow range 3159, the near by resistance is 3315 and if price closes below mid bollinger band 2943 near by support is 2830 on weekly chart.
#HINDALCO WEEKLY CHART VIEW!! Hindalco Industries Ltd. Positive inside bar clearly visible in the weekly chart. Price closed above 50MA: 173.10, which showing about short term positive trading sentiment. As of now 165(50MA) - 182.50 should consider as support and resistance, fresh sustainable move above 183 can help the price to achieve 185-190 on the...
#RATNAMANI WEEKLY CHART VIEW!! Ratnamani Metals & Tubes Ltd. Candle stick DOJI pattern clearly visible with in rising channel. Technically its an indecision pattern. Trade with caution. 1220-1200 should consider as immediate supports and 1300-1310-1340-1350 are as resistances.
#ELANTAS WEEKLY CHART VIEW Elantas Beck India Ltd. The stock price started the week with marginal negativity but til the end its managed to hold the same position with small bounce . 2350-2335-2300-2280 are should consider as immediate resistances where 2465-2520 are resistances.
#RADICO WEEKLY CHART VIEW Radico Khaitan Ltd. The stock price maintaining up trend above 5MA: 419.50. Technically short term momentum is positive and on the upside 430-435-440-450 are important resistance to consider. On the lower side 400- 395-390 are standing as strong immediate supports.
#KANSAINER WEEKLY CHART VIEW!! Kansai Nerolac Paints Ltd. The price trading below 5MA: 487.50 with strong negative closing. Technically 500- 510-520 are should consider as immediate resistances on the upside and on the lower side 470 -459 (50MA) - 455 as supports.
#BALRAMCHIN WEEKLY CHART VIEW!! Balrampur Chini Mills Ltd. The stock price maintaining flattish sentiment based negative momentum trading with in rectangle pattern. As of now 165.50 should consider as possible resistance on the upside. Breakout above 166 can extend prior up move more on the upside. On the lower side , 147-145-140 should maintain as strong supports.
#DHAMPURSUG WEEKLY CHART VIEW!! Dhampur Sugar Mills Ltd. bounced from the lower end of a range and likely to see fresh momentum either side of the range 130-165 zone. Probable support zone comes at 130-135 zone and probable resistance zone at 160-165 zone. Technical parameters looks neutral as of now. Keep a watch
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Lubricants India 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.
#APOLLOPIPE Apollo Pipes Ltd. faced resistance from 200 SMA in the weekly chart and change in trend to take place only above 445 level. Technical parameters looks neutral to positive as of now. Probable support in the near term comes at 355-360 zone. Keep a watch.
#ABB WEEKLY CHART VIEW!! ABB India Ltd. trading below mid bollinger band and is trading with in an Inside bar pattern. Technical indicators are mild bearish. If price closes below Inside bar 846, near by support is 754 and if price trades above Inside bar 906 near resistance is 1009 on weekly chart.
#HEIDELBERG WEEKLY CHART VIEW!! Heidelberg Cement India Ltd. closed below previous week high. Technical indicators are mild bullish. If price trades below weekly low 186 near by support is mid bollinger band 181.65 and 174 resistance is 203 on weekly chart.