Axis Bank - A heavyweight in Bank Nifty and Nifty is taking support at the neckline of W pattern. Axis bank formed a perfect W pattern and then Axis bank is taking support at the neckline of W formed. Moreover we can clearly see the volumes increasing as compared to previous days. This stock can be kept in the Watchlist to gain some profits.
Birlasoft : A fundamentally strong IT Company with a good chart setup. This company has given some excellent returns previous year. It has formed a bullish pole and flag pattern in 1h time frame. The stock is trying to go up and it can go up with the current market sentiment. Keep an eye on this stock.
Tata Power is just another Tata Company which gave stellar returns in 2021.
Again the chart setup looks pretty tempting.
As shown in the chart, the stock is facing resistance at 236-237 area, above which it can rally upwards.
Keep an eye on this stock.
Latent View is a fundamentally strong company. The chart has given a breakout of the trendline with a clear spike in volume. The chart looks good for upside movement and can be accumulated for long term.
TCS is on the verge of Breakout. As you can see in the chart, TCS has faced resistance from this particular level and if this level breaks, it can give a good profit.
Moreover, TCS has formed a rounding bottom pattern and the market sentiment currently seems positive. Keep this stock in your watchlist.