Tata Consumer Products Ltd. – CMP - ₹430.1 Dt. – 13-07-2020 Currently the stock is in the channel between purple and red line. On 09-07-2020 the stock made Doji on the daily chart after gains of 5 consecutive days. On 10 -07-2020 stock made gravestone pattern which indicates correction. CCI and RSI both indicate overbought. If stock start correcting it will take...
Share is taking support of trend line and in attempt of breaking resistance level of ₹172.75 and if breaks than the price will try to break ₹188.75 levels. If it fall in next trading session the stock is likely to test the support level of ₹159.7 RSI on daily chart is neutral however the stock has given closing above previous close and with higher volume.
Update Dt. – 11-07-2020 Price is a trap between the triangular pattern and the share is near an all-time high. On 10-07-2020 the share made the all-time high of ₹420.5 and closed at ₹414.3. Price is also taking the support of 21DEMA and 50DEMA also indicates the uptrend. From 1st week of June, the share price was in consolidation form ranging between 380 to 400...
Exide Industries - CMP - ₹156.20 Dt. - 13-07-2020 In the historical daily chart, the price has respected the cross of 21DEMA and 50DEMA and gave a good trend on both sides. On 13-07-2020 the 21DEMA is all set to cross above the 50DEMA and if tomorrow it crosses above 50DEMA with good volume then the stock can give return up to 8-10% in 8-9 trading sessions. RSI...
Bharti Airtel – CMP - ₹574.7 – Dt. – 12-07-2020 The stock has made the Ascending Triangle pattern and can give a good amount of return if it gives close above ₹587.2 for 2 consecutive days and 2nd resistance level is placed at ₹603.7 and after that ₹612 which is an all-time high.