sriramakh

sriramakh

Divislab in consolidating between 3800 and 3300 since the beginning of the year. The stock is bullish above 3920 which will be a breakout. If there's a trend continuation, the price will reverse and may reach 3300 which is a good support.

sriramakh

Cipla has managed to close above a short term resistance and a long term resistance in the last 5 trading sessions. This is indicating a heavily bullish sign on Cipla. Cipla will close above 1000 in the next few trading session if the trend continues.

sriramakh

Cadila Healthcare is bullish if it manages to hold 507. It has gained good momentum has also managed to close above the previous resistance levels. It is sell below 500

sriramakh

One can accumulate Apollo Tyres upto 200 level. 200 is a strong support for apollo tyres and this price will be respected. The price will soon catch up with the 50DMA. Apollo Tyres can be bought with a stop loss of 190.

sriramakh

Aarti Industries is seeing a good buying. It is forming an ascending wedge and one can expect it to breakout on the positive side if the price sustains above 1440-1460.

sriramakh

Axis bank looks like it may take a head and shoulder pattern. If this prediction holds true, we are likely to see Axis bank reach 700 before any divergence.

sriramakh

Wipro has broken out and has retraced to the previous resistance level. This level is acting as support and has been respected for the last two trading sessions. if this continues, we will see Wipro reaching 460+ in the near future. If the resitance of 465 as well is broken, Wipro can see 500 very soon.

sriramakh

Glenmark has broken out of the channel as expected. If it sustains above 541, there may be a sharp up move to 570-600 levels.

sriramakh

DABUR is breaking out of the channel pattern and is likely to touch 600 in the short term.

sriramakh

Titan is trying to break the resistance zone of 1600. It failed to break this resistance at least 4 times this year. If Titan sustains above 1600, there can be a good up move.

sriramakh

If the current levels are sustained (1930 - 2000) and the breakout continues after the retracement, stock is likely to reach 2100 in the next few days.. Likely a strong uptrend as the resistance levels were reach and rebound 10+ times and then the breakout occured

sriramakh

Tata Consumer is forming an ascending wedge pattern and is likely to breakout above 680. Looking good for a short term target of 740-750.

sriramakh

Glenmark is breaking out of the channel pattern on a daily time frame. Breakout happened with a good 6% increase. Can increase 10% from here in the short term.

sriramakh

M_M trading around support level. Sell 500-495 Stop Loss 515 Target 490-485