Mallcom India is looking good on monthly time frame. Stock is trading near all time high levels and near highest monthly closing. Keep on radar.
Wep Solution is accumulating well and forming cup & handle formation on monthly time frame. Keep on radar for breakout.
Prerna Infrabuild is looking in good momentum. Stock is trading near all time high levels and looking good for closing above highest ever closing in this quarter. Promoters are buying continuously from open market on regular basis. Volumes are also looking decent since listing. Since listing stock is trading in a range and attempting breakout now. Keep on radar.
Sensex is trading in a range today. Short can be initiated below 79400 if sustain for 10 minutes. For upside, if sustain above 79560 for 10 minutes then only its looking promising for further upside movement.
Jindal Poly is looking in good momentum. Keep on radar for sustaining above breakout levels. Stock has retraced well and seems now getting ready for reversal with good accumulation at lower levels.
Vinyl Chemicals is attempting for inside bar breakout on weekly time frame. Keep on radar for closing. Stock is consolidating in a range since 7-8 weeks. Can expect good run up if sustain above breakout levels. Sector tailwind will also help in momentum.
Wheels India Ltd is looking good on weekly time frame. Keep on radar for breakout. Stock is looking in good momentum.
Vinyl Chemical is looking good on weekly time frame. Stock is trading near inside bar breakout levels. Keep on radar for today's closing.
Redington Ltd is looking good on daily time frame. Stock is in good momentum and forming multiple inside bar on daily time frame. Can expect good bullish candle soon if breakout sustain. Stock is trading near all time high zone. Keep on radar.
Dharmaj Crop is looking good on daily time frame. Stock is trading near IPO high levels. Keep on radar for breakout.
Redington Ltd is looking good on hourly time frame. Stock is trading near breakout levels. Keep on radar.
Nifty 50 is yet not able to cross 23400 levels. Yesterday nifty formed shooting star and today till now doji candle pattern can be seen on daily time frame. 23200 is key to hold for upside movement. Keep on radar. Seems market is waiting for global support for next leg of upward movement. Today is Fed meeting also in US.
Bank Nifty is getting resistance at higher levels. 49750 is important to hold else can see sharp fall of 200-300 points. Keep on radar.
Nifty 50 is consolidating in a range of 23200-23400. Seems market is getting ready for next trending move. Keep on radar for range breakout.
Nupur Recyclers is looking good on weekly time frame. Stock is taking pause near resistance levels . Keep on radar for closing above 95.
Redington Ltd is looking good on monthly time frame. Stock is trading near trendline breakout on monthly time frame. Keep on radar.
Mayur Uniquoters is looking good on longer time frame. Stock is trading near all time high breakout zone. Keep on radar.
Nupur Recyclers Ltd is looking good. Stock has given breakout on daily time frame & seems retest has also been done. Keep on radar.