Eicher motor is near to all-time high, which will attract you to keep eye on for long-term investment or swing trading if we get a strong break out like M&M.
HUL re-enter its old long-term trend line which starts in 2016, its shows that HUL is ready to move higher
ICICI Bank is near to all-time high with solid volume and marubozu candle, it seems it can touch the 860 level again.
The overall banking sector is suitable for buying opportunities, SBI Bank has been the most appropriate stock for a long and it is near to all-time high, if there is any pull bank it would be buying on deeps.
Infosys' long-term trend is very strong, it takes bounces from the 1400 level which is 38.20% of Fibonacci retracement with solid volume
SBI Life is at its all-time high, with solid candle and volume any pullback is buying opportunity, 1300 is a Do or Die level
LTI has given a breakout, with good volume and 2 months of consolidation
On weekly time frame "Havells" form a wedge pattern, 1300 is a crucial level for upside momentum
Axis bank looks going to break the 1.5 years of consolidation from Jan 2021 to June 2022, which make axis bank fall further 15% to 20%
HDFC Bank corrected 25% from its all-time high, Now it's trading below 1300 level it can fall further 10% to 15% more, this is the best time to start SIP in HDFC Bank
800 level act as support, if 800 level break it will fall 10% to 15% more
Bank of Baroda looks in good structure for long-term investment in a SIP manner.
#investment #bank #sip
ICICIGI Corrected 28% from an all-time high, 1200 level act as a strong support zone if 1200 level break it will fall further 10% to 15%, so be cautious
Godrej CP in a wide range of 90 points, the overall structure is bearish, put this stock on a watch list for swing trade
Keep eyes on BHARTI AIRTEL in a bearish channel pattern
ITC looks strong for a long trade, 270 is a strong support level
TCS form Head and Shoulder Patten, 3350 act as a resistance level
Pull Back in Bajaj finance 5800 level act as a resistance