#HDFC DAILY CHART VIEW HDFC Bank Ltd. stock had a nascent breakout of the triangle. If the stocks stays above 1160, we can see a fast move towards 1300. RSI looks bullish.
#AXISBANK HOURLY CHART VIEW Axis Bank Ltd. has a bullish setup in hourly chart Presently in a pennant formation. On sustaining above 453, it may surge towards 486 in quick time. Hourly Setup shows RSI above 50 which is bullish.
#TATACONSUM DAILY CHART VIEW!! Tata Consumer Products Ltd. has formed a flag correction with declining volume. If the stock trades above 518-525 zone, it may move towards recent high of 590s or above.
#TATASTEEL HOURLY CHART VIEW Tata Steel Ltd. Inverse head and shoulder break out in hourly chart, near resistance. Sustaining above 387, the stock is likely to move towards 400 or above. RSI 50+, volume higher on up move leg.
#DABUR WEEKLY CHART VIEW!! Dabur India Ltd.. Weekly RSI is near 50 & bullish. If the breaks out and sustains above 525-530, it can potentially move towards 655. Else sustaining below 520, it may pull back towards 485.
#TITAN DAILY CHART VIEW!! Titan Company Ltd. closed near resistance level. MACD bullish crossover and RSI sloping upwards. If price closes above resistance level 1220 near by resistance is 1300 and support is mid bollinger band 1155 on weekly chart.
#RITES WEEKLY CHART VIEW!! Rites Ltd. bounced from the convergence of 100 SMA and support zone. It is likely to stay positive until it holds above 235-240 zone. Probable resistance in the near term comes at 268 and 300. Technical parameters looks neutral as of now. Keep a watch.
#IDFCFIRSTB WEEKLY CHART VIEW!! IDFC First Bank Ltd. Their is not huge changes in the technical overview, price maintaining closing below 5MA: 30.70. Though the short term trend is weak but price produced a marginal positive close. Technically 28.75 - 26.85 should consider as immediate support levels and on the opposite side 31.10 - 31.35 - 32.75 are as...
#MEGH WEEKLY CHART VIEW Meghmani Organics Ltd. The stock price holding 5MA: 77.40 as support ahead of 85.50 resistance. Technical parameters still showing positive bias in the short time frame. Fresh sustainable breakout above 86 can extend bullish momentum. Technically as of now 84 should consider as support weakness below may drag the price below 80 - 75.
#RVNL WEEKLY CHART VIEW!! Rail Vikas Nigam Ltd. closed near support level. Technical indicators are mild bearish and sloping downwards. If price closes below support level 18.80; near by support is 16.20 and if price bounced from support level, the near by resistance is 23 on weekly chart.
#HINDALCO WEEKLY CHART VIEW!! Hindalco Industries Ltd. Positive inside bar clearly visible in the weekly chart. Price closed above 50MA: 166.35, which shows short term positive trading sentiment. As of now 154.40 - 182.50 should consider as support and resistance, fresh sustainable move above 181 can help the price to achieve 185-190 on the upside. Below 160...
#ASIANPAINT WEEKLY CHART!! Asian Paints Ltd. is trading near 52 week high. Technical indicators are bullish. If price trades above swing high 2070; near by Fibonacci resistance is 2251 and support is 1915 on weekly chart.
#BAJFINANCE DAILY CHART VIEW!! Bajaj Finance Ltd. closed above mid bollinger band with good volume. Technical indicators are sloping upwards. Near by resistance is 3575. If price closes above 3575 level next resistance is swing high 3750 and support is lower bollinger band 3109 on daily chart.
#KANSAINER WEEKLY CHART VIEW!! Kansai Nerolac Paints Ltd. The price trading below 5MA: 489 with marginal positive closing. Technically 510 -518 are should consider as immediate resistances and on the lower side 475 -460- 455 as support. Sustainable breakout of this mentioned support and resistance can unfold fresh directive momentum.
#SIEMENS DAILY CHART VIEW!! Siemens Ltd. is consolidating in an Ascending triangle pattern in the weekly chart and recently attempted a failed breakout. Further strength to be seen only above 1270 on a closing basis in the daily chart. On the downside, 200 SMA at 1195 likely to act as a crucial support. Keep a watch.
#LT WEEKLY CHART VIEW Larsen & Toubro Ltd. closed above previous week close and trading near mid bollinger band. Technical indicators are mild bearish. If price closes above mid bollinger band 927; near by resistance is 1025 and support is 821 on weekly chart.
#KOTAKBANK WEEKLY CHART VIEW!! Kotak Mahindra Bank Ltd. bounced from lower level and closes near mid bollinger band. Technical indicators are mild bullish. If price closes above mid bollinger band 1320, near by resistance is 1430 and if price closes below 1230 level near by support is 1110 on weekly chart.
#BAJAJFINSV WEEKLY VIEW!! Bajaj Finserv Ltd. closes above mid bollinger band. Technical indicators are mild bullish. If price trades above weekly high 6105, near by resistance is 6670 and support is 5275 on weekly chart.