Trade_for_growth

Trade_for_growth

PNB seems to take support at 50 and 200 SMA. There was a good candle today, so can it move up.

Trade_for_growth Updated 

On a daily timeframe, SBI Life is continuously trading above 20 SMA and there seems to be no conviction in the up move with most of the last 10 candles in red though there is relatively increase in volume. Need to see if there will be a breakout or breakdown.

Trade_for_growth Updated 

Sail had a good bullish run and RSI has crossed 80 and there is a divergence in RSI, but with volume and last up move, need to see if it will consolidate a bit in the range of the last big candle and then continue its movement or maintain its bull run.

Trade_for_growth Updated 

BHEL is at a key support area and seems to be a good place with good risk reward entry. It is taking support over 20 period moving average and can exit if the stock closes below 20 SMA.

Trade_for_growth Updated 

Apollo tyres is at a key resistance level. This time it is moving up after the pandemic correction. There was some pullback last week, but it reversed with a big candle and volume. Need to see if the up-trend will continue or will it stay in the zone for some consolidation.