Based on the previous price action and the current structure, anticipating a breakout and nearly 12% upside in short term.
Confluence of multiple factors to trigger a bearish reversal in NIFTY FUTURES chart.
Cummins India is at the gate of the strong resistance of 800. Will it be able to cross it? Looking at the enormous monthly volume, it looks possible. Monday (08-Feb-2021) should be an interesting day for Cummins.
Zee tried to breakout of its channel but failed. Good try though! It's now sitting on a good support near 215-210. If broken, one can look to re-enter at 200 or 185 levels.
Looks like Sun TV has broken its toughest resistance (550) in the monthly chart and managed to close above it last Friday. If it holds the level on Monday, it looks strong for a buy.
Inverted Cup and Handle pattern in ZEE Entertainment Weekly Chart