#BALRAMCHIN WEEKLY CHART VIEW Balrampur Chini Mills Ltd. The stock price continues consolidation with in a rectangular formation with marginal positive closing. Technically 5Ma: 152.10 should consider as immediate resistance and 140 (50MA) as support. Breakout from consolidation 25 points range where on the upside 165 is resistance and down side 140 support...
#NAVINFLUOR weekly chart view!! Navin Fluorine International Ltd. is trading on the verge of breakout from the pattern and looks strong as per technical parameters. Likely to see breakout above swing high of 2250 levels. Keep a close watch.
#DMART WEEKLY CHART VIEW!! Avenue Supermarts Ltd. is trading near mid bollinger band. Technical indicators are mild bullish. If price closes above mid bollinger band 2238 near by resistance is 2527 and support is 1995 on weekly chart.
#YESBANK WEEKLY CHART VIEW!! Yes Bank Ltd. Their is no changes in the trading sentiment, price maintaining negative trading below 5Ma: 13.85. Technically 12.75 - 12.30 - 11.10 are supports for the price now. On the flip side sustainable trading above 14.25 can try to test 15.25 - 15.60 - 16.40 - 17 on the upside. All should consider as resistances.
#HEROMOTOCO WEEKLY CHART VIEW!! Hero MotoCorp Ltd. is trading above previous week close. Technical indicators are bullish. Near by resistance is 3430. If price closes above 3430 level, the next resistance is 3700 and support is 3000 on weekly chart.
#IOLCP DAILY CHART VIEW!! IOL Chemicals & Pharmaceuticals Ltd. is trading below mid bollinger band. Technical indicators are bearish. Near by support is 711. If price closes below 711 level near by support is 601 and if price closes above mid bollinger band 762 near by resisatcne is 860 on daily chart.
#GULFOILLUB WEEKLY CHART VIEW!! Gulf Oil Lubricants India Ltd. is consolidating in an Ascending Triangle pattern in the weekly chart. It 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.
#ICICIBANK WEEKLY CHART VIEW!! ICICI Bank Ltd. trading at mid bollinger band and trading with in Inside bar pattern. Technical indicators are mild bullish. If price closes below Inside bar 333 near by support is 290 and if price closes above Inside bar 368 near by resistance is swing high 422 on weekly chart.
Tata Steel Ltd. istrading with in Inside bar pattern. Technical indicator are mild bullish, the price can move either side. If price trades above Inside bar 399.20 near by resistance is 443 and if price trades below Inside bar 342.75 near by support is 302 on weekly chart.
#INDIACEM WEEKLY CHART VIEW The India Cements Ltd. is trading right above the weekly support zone and likely to stay positive until it stays above 110-112 zone. Likely to see short term consolidation in 110-125 zone and breakout only above 127 on daily closing basis . Technical parameters looks neutral to positive as of now. Keep a watch.
#CRISIL WEEKLY CHART VIEW!! CRISIL Ltd. is trading below the weekly resistance zone and is likely to stay weak until it stays below 1840-1880 zone. Confirmed breakout in the stock to take place only above 1915 level. Technical parameters looks neutral to positive as of now. Probable resistance post breakout comes at 2000 level. Probable support in the medium...
#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....
#GODREJCP Godrej Consumer Products Ltd. is trading near resistance level. Technical indicators are bullish. If price trades above resistance level 727; breakout is expected Near by resistance is 770 and support is 50 day sma(684) on daily chart. KEEP A WATCH!!
#LINDEINDIA DAILY CHART VIEW!! Linde India Ltd. is trading with in an Inside-bar pattern. Technical indicators are bullish. If price trades above inside bar 765 near by resistance is swing high 860 and support is Inside bar low 705 on daily chart.
#SPENCERS WEEKLY CHART VIEW!! SpencerS Retail Ltd. is consolidating in a strong consolidation zone in the weekly chart Confirmed breakout to take place above swing high of 112 level. Next probable support in the short term comes at 75-80 zone zone as of now on a closing basis. Technical parameters looks neutral as of now. Keep a watch.
#POLYCAB WEEKLY CHART VIEW!! Polycab India Ltd. closed below previous week low and is trading at mid bollinger band. Technical indicators are mild bearish. If price closes below mid bollinger 809 near by support is 750 and resisatcne is swing high 939 on weekly chart.
#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 zone and probable resistance in the near term comes at 268 and 300 respectively. Technical parameters looks neutral as of now. Keep a watch.
#ABBOTINDIA WEEKLY CHART VIEW!! Abbott India Ltd. As per weekly chart price consolidating with negative conviction in higher side of the flag pattern. Breakout with sustainable trading above 17100 - 17350 may add strength to achieve 18000 and onward points. Technically 1600 - 16200 zone should consider as immediate short term support, breakdown can again test...