Stock is less than 2% away from 52 week high and has been consolidating within a tight range of 8% for whole of last week. Average 10 day volumes of less than 55k. If stock breaks above last week's high on decent volumes a buy could be initiated with SL 10% away.
Stock is less than 2% away from 52 week high and has been consolidating within a tight range of 6% for whole of last week. Average 10 day volumes of less than 15k. If stock breaks above last week's high on decent volumes a buy could be initiated with SL 10% away.
Institutions seem to be accumulating Aarti Industries above 50 DMA of 1132.
Accumulation happening above 50 DMA of 604 with volumes of 3M above the average volumes
Accumulation happening in Maruti above 50 DMA of 8982.
Biocon seems to be under accumulation above 50 DMA today as volumes of 3M are above avg volumes of 2.3M. Can be bought with a stop loss @ 597.
Nifty failed to close above 100 DMA for 4th consecutive day and infact todays high has remained below 100 DMA of 10400-10410 range indicating further weakness which makes me think it is going to go down to 10250-10275 levels which is the 1 month low and 150 DMA which might provide the next support. Cover if Nifty crossess 10410.
Hit a 1 month high today, trading above 50 & 100 DMA on large volumes.
Hit a 6 month high today while the Nifty closed below 100 DMA for 2nd consecutive day.