Midhani is consolidating within 40-50 range since last 1.5 year. Seems 170 is a strong support. Can be a long candidate if breaks falling trendline & sustain at their. PSU /Defense sector & Disinvestment connection can bring quick fireworks.
Welspun Enterprises is offering good risk reward setup. Looking good for long at CMP or wait for BO.
Jindal Poly is showing strength. Can be a long candidate above 1080. Keep on radar
James Warren Tea is offering good RR set up. Keep on radar. Illiquid counter. Trade accordingly.
Elgi equipment looking good. Keep on radar for BO above 230
Nifty is trading on a crucial support. Need to be cautious.
Indiamart is showing strength in weak market from last 3-4 trading session. Keep on radar
DXY is trading near major resistance. More downfall can be seen in equity market if breaks the level upside.
SOTL having solid fundamentals can be a good pullback candidate. Trading around its major support. Recently touch 1800. RSI is showing oversold position. Keep on radar.
Seems Cheviot company is respecting its previous gap up point as support. Can be a buy above 1320 levels.
Target is consolidating in a tight range. Offering good RR entry. Can be a long candidate above 66. Keep on radar.
Redington India is consolidating & trading near support. Can be a long candidate above 151.
Bank Nifty is now at crucial support level. Follow up selling can drag it upto 38200. Need caution for any fresh position of either side.
Indusind Bank is looking good to break its major resistance. Keep on radar
SMS life science is consolidating nicely after breaking C&H neckline. Keep on radar.
DP Abhshan is consolidating nicely. Looking good for long above 230 closing.
Venky's India is consolidating in tight range since last one month. Volumes are drying. Keep on radar for BO.
JTEKT is consolidating in tight range since last 15-16 trading days. Can be a long candidate above 110 closing on daily basis.