It is consolidating in the range of 2240-2470 for the 2 months. breakout at either side of this range gives a very good momentum.
HUL is repeatedly coming to support line. if it closes below 1900 , we can see a further downside fall. i.e recent lows of 1760. if it closes above 2020 level by this weekend. it is going to rally further. Good opportunity for both. Already fallen 20% from it's peak. In the March crash also it has fallen 23% only from it's peak.
It has broken weekly support in a ascending channel. but has a immediate support 10% below the current price. i.e 1350-1390 levels, good to buy at these levels for long term.
it has crossed a long term Resistance. looking to touch upper side of the channel. it will easily test 640 levels. we can follows buy on dips strategy as long as it is in this ascending channel.
it took support at 200DMA and created bullish reversal, go for long with a initial target of 330 with a stoploss below 200 DMA.only go for long if opens above today close price of 303 or closes above today's close.
if it breaks down 1975 levels, we can go for shortsell it will retest 1900 levels which exhibited as support level earlier. we can look at price action after reaching that level.
It broke the second support trendline also. now it is heading towards next support level which is around 333. we can take the directional trade once it reaches that level, based on price action.
This stock has been consolidating between 12600 and 15000. now it is approaching 12600 levels. if it revers from here it can give return upto 20%. otherwise it may create fresh lows. Watch it for breakdown or Bullish reversal patterns !
It is continue to consolidate in the range of 840-940. breakout at 940 can rally upto 1000-1020 which is at 200 DMA.
AUBANK has made new 52W low, now again retraced to 442-445 which is acting as a resistance line. if is able to cross 442-445 level and sustain then it can achieve 566 easily. however in current trend it looks like it is making lower lows. It may retest 380 level again.
Nifty is showing a gap up around at 9550, however it may see a resistance at 9600 which is a Gap low. can act as resistance. if it above sustain above it intraday it can go upto 9730 followed by 9770 and 9880.
BIOCON has already broken support trend line, if it closes below 338,which is also acting as flag. it can easly touch 315 followed by 300.
ABBOTINDIA is in flag consolidation range, once it give breakout. it may go up. that too it is trading near support trendline. breakout at support trend line gives further rally. if it breaks down it may fall upto 16400. upside it can go upto 19000
It is failing to make higher high's, as long as it sustains above 525 it may go higher, if it fails to sustain the support trend line it fall upto 500 followed by 480 levels. we can review further levels after reaching those levels. However weekly chart continues to Bullishness. which is a longterm view.
It looks more weak as it closed below 52W Low. it may fall further and it has already given poleflag breakout around 78 levels. hoping for oil demand growth, we can set for lesser targets. it may go upto 70. if still not able to reverse it may go upto 62 levels.
DEEPAKNTR failed to make Higher High after making a new 52W High. If DEEPAKNTR opens below today's close price and closes in Red, then it may try to break the support line. then it could retest 490 levels followed by 430 if not able to sustain above 490. it made a reversal pattern at high
BIOCON is consolidating in 345-367 range for the last 10-12 sessions, breakout of either side given a very good momentum. put this in your watch list. Closing above 367 on daily basis gives a very good momentum towards upside. similarly downside as well 345 acting as a support, if it breaks it go upto 300.
IRCTC is forming Lower High, it may retest previous lows 774-887. which can be acted as potential buy zone. it may take more time to revive. now second wave rally is also over.