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Rallies will move up. Moving in the channel. Taking support of trendline and 21DEMA.

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Amara Raja Batteries – CMP - ₹698.75 Dt. – 30-07-2020 On a daily chart, the price has given close above 21DEMA. If the stock moves upward it will face resistance ₹713.10 and then ₹732.90. If starts moving down the stock will take support at ₹677.40 and if falls more the stock will take support at ₹636.75. The MACD indicator has given the sell signal whereas RSI...

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UPL Ltd–CMP - ₹445.80 Dt.–27-07-2020 On a daily chart, the stock is giving respect to the trend line as well as to the 21DEMA. 3 times stock has taken the support of the trend line and bounced back. In the last trading session, the stock has given a slight close below the trend line but above the 21DEMA. It looks like if stock started moving up then it will face...

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SBI CARDS - ₹740.80 Dt. – 26-07-2020 The stock has given a perfect buy opportunity right now. Price is near to support line as well as a trend line. Stock is moving in a channel and if move upward the stock will face resistance at ₹765.35 and then ₹797.40. If price starts moving down it can go up to ₹720.25. Moving averages and indicators have given a buy signal.

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Marico - CMP - ₹357.10 Dt.–25-07-2020 I have taken the 4-hour chart and in the chart, you can see the stock is in an uptrend and was taking the support of red trend lines and now the stock is moving up and down between support and resistance line placed at ₹342.80 and ₹358.85 respectively. The price is also moving upward, trapped between the purple trend line. If...

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CMP - ₹598.70 Dt. - 25-07-2020 If stock starts moving upward it will face resistance at red line and then the next resistance level which is placed at ₹618.

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Wipro – CMP - ₹270.55 Dt. – 24-07-2020 Price can move up.

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It looks like the stock is exhausted after a good rally of last week. Stock may enter consolidation form or can break the support and try to touch the downtrend line. If moves downward than the below purple trend line will give buying opportunity in a few trading sessions.

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You can see some profit booking tomorrow so if the price starts moving down, wait for the support level and if sustain above then purchase. moving Averages have given buy signal whereas CCI and RSI are in the oversold zone.

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Titan - CMP - ₹997.85 Dt. - 17-07-2020 Some fresh buying has been seen in the stock today. If this trend remains then the will be successful to beat the level of ₹1020 to where it faces the strong resistance.

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CAN FIN HOME–CMP - ₹370.10 Time–12:26, Dt.–21-07-2020 The price is taking the support of the trend line once again. From last few trading sessions, the stock was in and out of trend line but yesterday the stock made evening star pattern and today the stock is above the trend line. The price will face resistance at ₹376.

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Glenmark – CMP - ₹429.75 Dt. – 19-07-2020 In 4 hr. chart you can see the stock is trapped in the symmetric triangle and can give good breakout upside once the stock crosses the resistance level of ₹439.25. After breakout stock has the capacity to go till ₹476.15.

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LT – CMP - ₹925.55 Dt. – 18-07-2020 On the daily chart, the stock has broken the trendline on 10-07-2020 and fall for 3 more days. From last 2 days, the stock is closing above the previous close which is good. If this trend continues then by 2 trading sessions the MACD will give the buy signal and the stock can try to break the purple line and start moving upward....

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State Bank of India – CMP - ₹186.25 Dt. – 16-07-2020 The stock has broken the support trendline on 15-07-2020 as the stock was falling from 3 continuous sessions before closing in green on 16-07-2020. Purple line, now acting as a resistance line if stock start moving upward it can break purple line and can go up to ₹195.30. If moving down stock is expected to go...

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Tata Motors – CMP - ₹102.95 Dt. – 16-07-2020 On the daily chart, the stock is moving in pattern taking the support of redline. Apart from trendline the price also takes the support of 50DEMA. If the stock breaks the 50DEMA support then the price can go up to ₹99. If the stock moves upward and crosses the above redline in the next trading session or after touching...

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Adani Ports – CMP - ₹320.4 – Dt. – 14-07-2020 On the daily chart, you can the stock has made continuous low for past 3 days and in last session, the stock made black Marubozu which indicates bearishness in the market. If the market is a week in next trading session than stock can go up to the support level of ₹301.25. On the controversy, if the stock starts moving...

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Grasim – CMP - ₹588.90 Dt. – 15-07-2020 On the weekly chart, you can see how the stock is falling since 2018. The stock has given closing below 20DEMA. A support level is placed at ₹581.15 and if the price breaks then it can go below ₹500 easily. Redline will act as a crucial support line but it will take a couple of months to reach there. If some good news comes...

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JSW STEEL – CMP - ₹198.40 Dt. – 13-07-2020 In 4 hour, chart the stock has made a higher high and higher low pattern. Buying has increased and CCI is in the overbought zone and the price is above 50DEMA in daily chart as well. Estimated return is 8-10% if purchased around ₹200. If the stock broke the upper trendline with good volume then it can give a very good...