#POLYCAB DAILY CHART VIEW!! Polycab India Ltd. is trading below mid bollinger band. Technical indicators are bearish. Near by support is 798. If price closes below 798 level near by support is 762 and if price closes above mid bollinger band 842 next resistance is 910 on daily chart.
#THOMASCOOK WEEKLY CHART VIEW!! The stock price gave a breakdown and now testing the trendline in the weekly time frame. Technical parameters are flattish, where RSI is below 40 in weekly time frame. 26.65 -30.55 should be considered as support and resistance respectively.
#GARFIBRES WEEKLY CHART VIEW! Shooting star formation clearly visible on the top of the current up trend. Technical parameter are positive and strong. 2090-2250 should consider as support and resistance range. Weakness below 2085 can try to test 2050-2030-2025 on the lower side.
#BIRLACORPN WEEKLY CHART VIEW!! Birla Corporation Ltd. bounced from the weekly support zone. It is likely to stay positive until it stays above 580-600 zone. Technical parameters looks neutral as of now. Keep a watch
#RATNAMANI WEEKLY CHART VIEW!! Their is no major change witnessed in the overall trading sentiment. Price is trading with in rising channel. As of now 1310 - 1335-1350 should be considered as resistances, where as 1223- 1210 - 1200 - 1175 are standing as supports.
#TRIVENI DAILY CHART VIEW!! Triveni Engineering & Industries Ltd. closed at resistance level. Technical indicators are bullish. If price trades above 80 level, a breakout is expected. Keep a watch.
#MOIL WEEKLY CHART VIEW!! MOIL Ltd. has violated the weekly support zone and likely to stay weak until the stock stays below 138-142 zone on closing basis. Next probable resistance comes at 165-170 zone. Technical parameters looks neutral as of now. Probable support comes at 130 and then at 120. Keep a watch.
#NTPC DAILY CHART VIEW!! NTPC Ltd. formed bullish divergence with RSI and formed a Doji candle with good volume. MACD is above signal line. If price trades above 83.15 level, a short term upmove is expected. Near by resisatcne is 86 and support is swing low 81.65 on daily chart.
#KOTAKBANK WEEKLY CHART VIEW!! Kotak Mahindra Bank Ltd. is trading at mid bollinger band.Technical indicators are mild bullish. If price closes above mid bollinger band 1327 near by resistance is 1480 and if price closes below 1230 level near by support is 1110 on weekly chart.
#PIIND DAILY CHART VIEW!! PI Industries Ltd. is trading at resistance. Technical indicators are bullish. If price closes above resistance level 2100, breakout is expected near by Fibonacci resistance is 2207 and 2315 and support is 50 day sma(1938) on daily chart.
#SUNTECK WEEKLY CHART VIEW!! Sunteck Realty Ltd. faced resistance from the convergence of weekly resistance zone, 50 SMA and 38.2% Fib retracement. Likely to stay weak in the short term until the stock stays below 290-295 zone on a daily closing basis. Probable support in the short term comes at 245-250 zone. Technical parameters looks neutral as of now....
#HAVELLS DAILY CHART VIEW!! Havells India Ltd. is trading near resistance. Technical indicators are bullish. If price trades above 693 level near by resistance is 722 and support is 667 on daily chart.
#POWERGRID DAILY CHART VIEW!! Power Grid Corporation Of India Ltd. has strong support near 158. If it is broken, stock may drop 30 points more based on rectangle break down. However if the stock is able to trade above 160 level it may move towards upper end of the range towards 190-195.
#HCLTECH DAILY CHART VIEW!! HCL Technologies Ltd. is consolidating in a broader triangle after fast upmove well ahead of result. The range has been shrinking. If the stock breaks out of 810-840 zone, it can have a meaningful move in either direction with upside looks higher probability at this point.
#HDFC DAILY CHART VIEW!! Housing Development Finance Corporation Ltd. had sharp upmove to its trendline resistance 1970. Sustaining above 1970 and 2000, stock may have 200-400 points upmove. However sustaining below 1970 stock may fall towards 1800.
#ACC DAILY CHART VIEW!! ACC Ltd. has strong momentum breakout above 1426 with large volume, if stock is able to sustain above 1425 it may move towards 1580-1680-1700 zone respectively, which are prior swing highs. RSI 50+ & bullish.
#JINDALSTEL DAILY CHART VIEW!! Jindal Steel & Power Ltd. came back within range after it had gapped up beyond the range in the shape of a megaphone yesterday. If the stock maintains below mid bollinger 190, it may dip towards lower bol band 165 or lower. RSI is below 50 and overall maintaining bearishness.
#HEROMOTOCO DAILY CHART VIEW!! RSI steady above 50 It broke out of triangle and then pulled back to edge post rally. If stock stays above 3080 , it may move towards 2018 December swing high of 3380.