Tata communication broke weekly trendline, trading above 50 sma weekly. Also it took support at previous trendline. So buy above 1180 and target is 1300, sl at 1100 if price closes below 1100 on daily basis
previous weekly trendline became resistance for suntv, stock should go down
divis lib is taking support at 200 sma daily, it can go long very quickly
strong weekly close, made w shape in daily. it should move higher
colpal gave strong weekly closing, in daily time frame made W pattern, it should go up
if it breaks above 140, then go long, if it breaks low of weekly candle, then short, possible breakdown of trendline. But I will not trade at short side, since trendline is very near and price may dance around trendline for long time and then breakdown or bounce back
bajaj finance good closing in weekly chart and in daily made a reverse head and shoulder pattern
canara bank in weekly timeframe broke over 200ma and then getting support at 20 and 200 ma
suntv coming to weekly trendline and should go up. so look out for buying opportunities
once it touches 114.7 , it should convert into uptrend
sun pharma broke weekly trendline and took resistance at the trendline, it should go down more
balkrishna broke uptrend trendline and took resistance on trendline. It should go for a correction short term
Buy techm once it crosses 1103.5, all time high
Nifty finance is looking weak. The Relative strength is showing bearish divergence. Among finance, Kotak is the weakest in terms of Relative strength NSE:KOTAKBANK and ROC.
natural gas if breaks out above triangle pattern, it will go higher. there is good consolidation also near the trend line, so good chance of it breaking pu
Auto sector is underperforming. Among auto, MnM is having the least ROC. If it breaks multi weak support of 732, it will go for bigger correction