Kalyan Jewelers is respecting the trend line and is continuing its up trend.. until the upward trend line is holding the stock shall be bullish.....with diwali coming in next month i am expecting the prices to rise
AU small finance bank is at a long time support level and bouncing off ....the current trend line break confirms the change in short term bearish trend and at current prices the risk vs reward is very attractive...
HDFC Bank was down for a sizeable amount of time. Post RBI allowing HDFC to restart CC offerings to customers , there is a good movement in HDFC Bank.
Recently it has broken the resistance level highlighted in orange and then profit booking was obvious......current levels are crucial for a swing trade with good risk to reward ....i believe in case HDFC Bank turns...
Kalyan Jeweleris as good as in a sideways as per recent price action. Also it is the first diwali for this stock after its IPO.....the trend seems to have reversed and downside is also looking limited.
I find the current rick vs reward very attractive for a good swing trade..
Bank of Baroda is the PSU bank looking in a healthy trend , with less volatility.
Also the stock has been consolidating since long and it seems the consolidation is nearing an end. I am expecting an up move here.