gsmartresearch

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Markets Allocation
100 % stocks
Top Mentioned Symbols
SUNPHARMA 33% | 1 AXISBANK 33% | 1 LT 33% | 1
gsmartresearch gsmartresearch SUNPHARMA, 60, Short ,
SUNPHARMA: SUN PHARMA
72 0 1
SUNPHARMA, 60 Short
SUN PHARMA

Price failed to build upside momentum post touching the channel resistance & thus reversed back. 20EMA crossed 50EMA downside which indicates further negativity. Avoid catching low as long 658 level is intact on upside. Price can move towards 630-620 level.

gsmartresearch gsmartresearch LT, 60,
LT: LARSEN & TOURBO - Trading in Range
43 0 2
LT, 60
LARSEN & TOURBO - Trading in Range

LARSEN & TOURBO (LT) has been testing neckline of Head & Shoulder pattern post breakout. Move below 1697 will take price towards 1650 levels. On the upside, resistance is at 1765.

gsmartresearch gsmartresearch AXISBANK, 60,
AXISBANK: AXIS BANK - Trading in range
55 0 2
AXISBANK, 60
AXIS BANK - Trading in range

AXIS BANK trading in the range between 510 & 490 levels. Move below 490 will open up negative possibility towards 480 & 465 levels. However, close above 510 will indicate short term uptrend.

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