Heavy weight NSE:TCS has been leading the rally for some days. Today it has broken 3550 levels and gave closing at almost high of the day. Great move. The momentum can continue for some more time. I would love to see 3800 levels by December.
NSE:MARUTI respected the support of 6750 levels and reversed from there. The people who have been able to grab some small quantity should be feeling lucky. Great recovery of more than 100 points from there. RSI (around 30) is showing kind of reversal. But consolidation can start from here for some time before moving further up or down.
After a long time of consolidation NSE:HCLTECH has been able to finally show it's real strength. It's been showing a good rally that can continue for some more time followed by some consolidation. 1150 is a good level for the people who bought it around 900.
NSE:EICHERMOT had been cracking for some time. It might show 2480 and below levels soon.
NSE:MARUTI has broken support of 6850, now heading towards 6800 and 6750. But it can show reversal from RSI 30 as seen historically. This time it might not show 6400 like earlier.
NSE:HCLTECH is in good momentum. IT sector is booming today.
NSE:TCS has broken it's life time high today with good volumes. Great thing for the investors who have TCS on lower levels.
NSE:ESCORTS is showing some consolidation today. If it closes above 1265 then we can see 1300 levels soon. Golden crossover is also seen.
NSE:HDFC is looking bullish now. It can show 2750 levels soon. RSI is also showing strength.
NSE:MARUTI is looking weak. If it breaks 7000 levels and gives closing below 6950 then 6850 levels can be seen.
NSE:HDFCBANK can show 1550 soon. If it gives closing above 1510 then desired levels can be seen easily.
NSE:ICICIGI had been cracking for sometime without any bad news about it. I think this is profit booking and followed by consolidation. If it comes to 1400 then a small quantity and on at 1300 levels some more. Let's keep an eye on it.
NSE:ESCORTS showed some profit booking in the morning but buying started in the later half. It may consolidate for a day or two. Signs of weakness are not visible yet.
NSE:HCLTECH has been able to give closing above 1060 levels today. This time it looks like we'll be able to see 1080 levels.
NSE:ESCORTS is showing a big candle today supported by volumes too. Can see good momentum continued for the next few days. 20 DEMA has crossed 50 so it's a bullish sign.
NSE:HDFC is showing some retracement and soon it can show 2700 levels.
NSE:KOTAKBANK had been showing some good moves for the last few days. It's getting some resistance at 1825 levels.
NSE:TCS is showing good signs of crossing it's selling zone this time but my only worry is volumes. Volumes are so less.