BIOCON Stock is facing lot of resistance in the zone of 375-387 Remain cautious till trading below 375 Its between Support and resistance.. kind of in a no trade zone.
In Short Term Stock has a decent trend and now approaching support zone. Which is also near Trendline Support. Remain positive till trading above 365 Fresh longs can also be taken in the support zones of 372-369
Remain cautious till trading below 1528 Breakdown below trendline can push the price to next support zones Keep an eye.
DR REDDY Reacting to the trendline resistance. CMP 4610 Support near 4500 levels.
Question on Bajaj Finserv Currently at support. Trading below 15700 this will open a possible move towards 14000 levels. Keep an eye.
Yes Bank is trading in a range.. As of now near the lower end of the range. One can buy now with Sl at 12 or better below 11 on CLBS. It may take time for it to breakout of 15 but once it does this can easily move towards 20+ Risk to Reward Favorable at CMP
Axis Bank It has some bit of support near 670-660 zones. If other factors remain ok this level should hold. One can take a risk to buy in this zone with Stop near 645
Maruti First Resistance is at 7380 Till trading below it can retest levels of 7060 Further breakdown can take it towards 6777
Divis Lab Near small Support, Breakdown can further move this stock to 4250 levels. Remain Bearish till trading below 4660 Use small bounce to 4560 to create Short Positions with Stops above 4660
India cement Futures Remain cautious till trading below 192
Eicher ST in a range Bullish if stays above 2766 remain cautious below 2687
In ST stock has given a breakout of a triangle. Staying above 1020 some trending moves may come.
INFOEDGE Near Breakout Levels If stays above Pitchfork this may move towards 6581/6800 levels. Keep an eye
SBIN ST Support and Resistance Major Range 540-500 Expect Trending moves only above or below it.
DOW Jones ST Support and Resistance Use this for future reference Point.
BTCUSD Following Pitchfork. One can use the trendlines for future support and Resistance. Nearest important support near 61600-51300 zones.
Asian Paints Remain Positive only till trading above 3130 Resistance from CMP 3222/3279/3344
Strong Bearish Candle 4700 small support. Short Term Traders should look to exit on bounce. Staying below 4700 may open a possible move to next support zones.