Beruflich Dokumente
Kultur Dokumente
SREI INFRA has been excluded from this report as it has been excluded from the F&O segment by NSE.
Daily
View
Resistance of 200 DsMA at 579. Bullish on strength above 579. Likely bearish Head &
Shoulder pattern breakdown below 540 should target 470 at least.
Weekly
View
Likely continued range-bound trading with resistance at 560-600 zones and support at 470.
Strength above 100 WsMA at 594 should target 700+ levels.
1
Diamond & Jewellery
Titan Company Views Buy
Daily
View
Range breakout and bullish pennant pattern breakout above 1160 should be bullish and
target 1200. Bearish on weakness below 50 DsMA at 1089 targeting 100 DSMA at 1026.
Weekly
View
Bullish Head & Shoulder pattern breakout at 970 should be bullish targeting 1300 at least.
Bearish only on failed breakout and on weakness below 950 targeting 890 at least then
likely 100 WsMA at 842.
2
Auto
Ashok Leyland Views Neutral
Daily
View
Bullish on strength above 100 DsMA at 91.49 and then above 95 targeting 200 DsMA at 105
and then likely 114-115 which is a gap resistance. Bearish on weakness below previous
pivot low at 85.3 targeting 75 at least.
Weekly
View
Bearish Head & Shoulder pattern breakdown below 98 should target 60 or lower. Bullish on
pattern failure and then on strength above 100 WsMA at 117 targeting 140 or higher.
Continued bearish on weakness below 20 DsMA at 90.75.
3
Auto
Bajaj Auto Views Buy
Daily
View
Breakout above previous pivot high at 2905 should target 3200 or higher. Cautious on failed
breakout and then on weakness below reverse bullish Head & Shoulder pattern neckline
support at 2850 targeting 2500 at least.
Weekly
View
Bearish only on weakness below 200 WsMA at 2758 otherwise bullish on breakout above
2920 targeting 3250 – 3500 zones. Weakness below 2758 should target 2400 which is a
falling demand line.
4
Auto
Bosch Views Sell
Daily
View
Bearish Head & Shoulder pattern break below 18200 should target 17500 at least. Bullish on
strength above 200 DsMA at 18926.
Weekly
View
Trading range at 20000 – 18000. Weakness below 18000 should target 16500 – 15500
zones. Bullish above 200 WsMA at 20557.
5
Auto
Eicher Motors Views Sell
Daily
View
Bearish pullback 1-2-3 pattern has found gap resistance at 23000 – 22000 zones. Bearish on
continued weakness below 50 DsMA at 20990 targeting 18500 at least. Short-term bullish
on breakout above 100 DsMA at 21162. Resistance of 200 DsMA at 23418.
Weekly
View
6
Auto
Escorts Views Sell
Daily
View
Bearish Head & Shoulder pattern breakdown at 715 should target rising trend line support
at 650 at least.
Weekly
View
Trend continuation bear-flag pattern has been confirmed on weakness below 100 WsMA at
757 targeting 200 WsMA at 516 at least. Bearish Head & Shoulder pattern breakdown
below 550 will target 300. Bullish on strength above 100 WsMA at 757 otherwise continued
bearish.
7
Auto
Hero Moto Corp Views Sell
Daily
View
Bearish Head & Shoulder pattern break below 2850 should target 2420. Bearish on
weakness below 50 DsMA at 2650. Bullish only on strength above 100 DsMA at 2809.
Weekly
View
Bearish Wolfe Wave pattern target at 2400. Strong resistances at 2775-3038 - 3178 zones.
8
Auto
Mahindra & Mahindra Views Sell
Daily
View
Bearish Head & Shoulder pattern breakdown at 660 should target 600 at least. Bullish only
on pattern failure on strength above 666 otherwise continued bearish.
Weekly
View
Bearish Head & Shoulder pattern neckline resistance at 710 – 720 zones should be short on
rise. Continued bearish below 645 targeting 550 at least. Bullish only on strength above
lower support of the expanding pattern at 650 targeting 710.
9
Auto
Maruti Suzuki India Views Buy
Daily
View
Pullback should be bullish only above 100 DsMA at 7112 targeting 200 DsMA at 7653
otherwise continued bearish below falling supply line resistance at 6800 targeting short-
term falling demand line support at 6100.
Weekly
View
Falling range breakdown at 6000 should target 5000. Bearish on weakness below 200
WsMA at 6478. Strength above 20 WsMA at 7053 should pullback targeting 100 WsMA at
8089.
10
Auto
Motherson Sumi Views Neutral
Daily
View
Trading range at 140 - 180. Bearish on weakness below support zone at 140 targeting 115.
Strength above 10 DsMA at 153 should target 200 DsMA at 167 and then likely 180.
Weekly
View
Resistance of 200 WsMA at 167.98. Bullish on strength above 50 WsMA at 171.8 targeting
100 WsMA at 199 otherwise bearish; targeting 90.
11
Auto
Tata Motors Views Buy
Daily
View
Bullish only on strength above 200 DsMA at 204 with bullish reverse Head & Shoulder
pattern targeting 245 – 265 zones; otherwise bearish on weakness below previous pivot
low at 198 targeting demand zone at 170 – 165 zones.
Weekly
View
Reverse bullish Head & Shoulder pattern neckline support at 198-197 zones should find
demand targeting 100 WSMA at 307. Long-term bearish target has been achieved.
Continued bearish below 20 WsMA at 184 targeting previous pivot low at 131.
12
Auto
Tata Motors DVR Views Buy
Daily
View
Bullish only on strength above 200 DsMA at 108.4 should target supply zone at 125-135
otherwise bearish on weakness below 100 WsMA at 93.56.
Weekly
View
Strong support at 93-94 should be bought targeting 130-135. Continued bearish only on
weakness below 92 targeting 75. Long-term bearish target has been achieved.
13
Auto
TVS Motor Company Views Buy
Daily
View
Weakness below 50 DsMA at 484 should be bearish. Bullish only on reverse Head &
Shoulder pattern breakout above 490 targeting 200 DsMA at 529 and then likely 560.
Falling demand line at 440-430 zones.
Weekly
View
Bullish on strength above 200 WsMA at 463 targeting bullish Wolfe Wave pattern target at
620 – 640 zones. Breakdown below 449 should be considered as bullish failure and target
400 or lower.
14
Housing Finance
CAN FIN HOMES LTD Views Neutral
Daily
View
Bullish reverse Head & Shoulder pattern breakout above previous pivot high at 306 should
target 360 – 380 - 400 zones. Trading at the upper end of the trading range. Bearish on
weakness below 200 DsMA 291 targeting 220 at least.
Weekly
View
Continued strength above 200 WSMA at 345 should be regarded as bear-flag failure
targeting 100 WsMA at 408; otherwise bearish on weakness below 20 WsMA at 296
targeting 200.
15
Housing Finance
Indiabulls Housing Fin Views Sell
Daily
View
Bearish Head & Shoulder pattern breakdown below 740 should target 560 at least. Bullish only
on pattern failure on strength above 100 DsMA at 750 targeting 200 DsMA AT 892.
Weekly
View
Resistance of 200 WsMA at 919 should be shorted targeting 700 – 650 zones.
16
Housing Finance
LIC Housing Finance Views Neutral
Daily
View
Strong gap resistance at 560 – 580 zones should attract supply. Continued bullish only on
strength above 580 targeting 640 otherwise cautious. Bearish on weakness below 460 targeting
400.
Weekly
View
Bearish Head & Shoulder pattern breakdown below 480 should target 400-300. Structural
bullish only on strength above 100 WsMA at 544 targeting 650 and then likely 800+ levels.
17
Healthcare
Ajanta Pharma Views Sell
Daily
View
Bear-flag upper resistance at 1071 – 1080 zones should be shorted targeting 850 or lower or
bearish below previous pivot low at 970. Bullish on strength above supply line resistance at
1150 otherwise cautious.
Weekly
View
Bearish breakdown from Head & Shoulder pattern and on weakness below 20 WsMA at
1046 targeting 600. Structural bullish only on sustained strength above 200 WsMA at 1411.
18
Healthcare
Apollo Hospitals Views Sell
Daily
View
Bullish pennant pattern failure should trigger bear-flag pattern on weakness below
previous pivot low at 1153 and should target 1000. Bearish on pattern failure on strength
above 1300 targeting 1500 or higher.
Weekly
View
Bearish Head & Shoulder pattern break below 1100 should target 900 or lower.
19
Healthcare
Aurobindo Pharma Views Buy
Daily
View
Channel trading within 840 – 700 zones. Bullish on strength above 100 DsMA at 758.
Breakdown on weakness below 200 DsMA at 736. Bullish reverse Head & Shoulder pattern
and triangle breakout above 802 targeting 840 – 860 zones.
Weekly
View
Range breakout support at 720. Bullish on strength above 20 WsMA at 762 targeting 1000.
Breakdown below 100 WsMA at 696.
20
Healthcare
Biocon Views Sell
Daily
View
Rising channel with breakdown below 600 targeting 500 and bullish on strength above 20
WsMA at 625 targeting 750.
21
Healthcare
Cadila Healthcare Views Sell
Daily
View
Falling channel breakout above 200 DsMA at 357 should target 400 at least otherwise
bearish on weakness below 50 DSMA at 330 targeting 260.
Weekly
View
Bearish Head & Shoulder pattern break below 330 should target 200. Bullish on pattern
failure and on strength above 350 targeting 393 – 412 levels then likely bullish breakout
targeting 600 or higher.
22
Healthcare
Cipla Views Neutral
Daily
View
Pullback from support should be bullish on strength above 200 DsMA at 573 targeting 620.
Cautious on breakout failure and then on weakness below 550. Support at 510 – 505 zones.
Breakdown below 500.
Weekly
View
Bearish range breakdown should be bearish on weakness below 520 targeting 400. Strength
above 200 WsMA at 580 should see pattern failure and target 700 at least.
23
Healthcare
Divis Laboratories Views Buy
Daily
View
Continuous higher-high / higher-low trend should target rising supply line at 2000.
24
Healthcare
Dr.Reddys Lab Views Neutral
Daily
View
Rising demand line support at 2900 should target 300 at least and then likely higher.
Weekly
View
Bullish on strength above 200 WsMA at 2811 targeting 3600. Bearish on weakness below
2811.
25
Healthcare
Glenmark Pharma Views Buy
Daily
View
Trading channel at 700 – 560 zones. Bullish on strength above 560 targeting 700 again and
then likely 200 WsMA at 748. Break below 600 should see sharp fall towards 420 – 400
zones.
26
Healthcare
Lupin Views Buy
Daily
View
Range breakout above 865 should target 960. Cautious on breakout failure on weakness
below 200 DsMA At 843 targeting 780.
Weekly
View
Trading range at 1000 – 700. Weakness below 800 should target 700 or lower. Breakout
above 100 WsMA at 883 should target 1000 - 1250.
27
Healthcare
Strides Shasun Views Neutral
Daily
View
Strong supply line at 520. Bullish on strength above 520 should target 580.
Weekly
View
Rising channel breakdown below 480 should target 360. Sell on weakness below rising
supply line at 500. Strict bearish below 50 WsMA at 442. Bullish on strength above range
breakdown failure at 520 targeting 100 WsMA at 628.
28
Healthcare
Sun Pharma Views Sell
Daily
View
Bearish below 100 DsMA at 441 targeting 350 or lower. Expanding pattern trading at 500 –
350 zones. Gap resistance at 465 – 485 zones. Structural bullish on strength above 200
DsMA at 512.
Weekly
View
Expanding pattern breakdown below 435 should target 360 at least then full breakdown
targets at 330. Bullish only on strength above 100 WsMA at 522.
29
Healthcare
Piramal Enterprises LTD Views Sell
Daily
View
Breakout failure on weakness below 2400 should target demand line at 2000. Bullish only
on strength above 200 DsMA at 2444 targeting 3000 or higher.
Weekly
View
Weakness below 100 WsMA at 2580 should be shorted. Bullish on continued strength
above 2600 otherwise cautious. Support of 200 WsMA at 2008.
30
Inds. Gas & Fuels
Gail Views Neutral
Daily
View
Bullish breakout on strength above 200 DsMA at 353 and then above 360 targeting 385
otherwise cautious.
Weekly
View
Falling channel support at 320 – 310 zones should be bullish on strength above 50 WsMA at
351 targeting expanding pattern upper resistance at 380. Weakness below 100 WsMA at
337 should see further correction targeting 200 WsMA at 280.
31
Inds. Gas & Fuels
Mahanagar Gas Views Neutral
Daily
View
Bullish reverse Head & Shoulder pattern should be bullish on strength above 20 DsMA at
992 targeting 1140 at least otherwise cautious.
Weekly
View
Resistance of 100 DsMA at 958. Strength above previous pivot high at 974 should be bought
targeting 1250 otherwise cautious. Bearish below 50 WsMA at 881 targeting 750.
32
Inds. Gas & Fuels
BPCL Views Neutral
Daily
View
Support of 200 DsMA at 349 should be bullish on strength above 20 DsMA at 360 targeting
420. Cautious on weakness below 350.
Weekly
View
Falling channel support at 350 should be bullish on bounce-back above 100 WsMA at 414
targeting 500+ levels. Breakdown below 350.
33
Inds. Gas & Fuels
HPCL Views Neutral
Daily
View
Bullish reverse Head & Shoulder pattern breakout above 260 targeting 330. Breakout
failure below 240 will target 180 or lower.
Weekly
View
Continued bullish on reverse Head & Shoulder pattern breakout above 260 targeting 326.
Cautious below 235.
34
Inds. Gas & Fuels
IOC Views Buy
Daily
View
Triangle pattern breakout above 158 should target 175. Bearish on breakout failure below
200 DsMA at 146.
Weekly
View
Cautious on weakness below 200 WsMA at 153 targeting 135 and then likely 100. Breakout
above 155 should target 100 WsMA at 171.
35
Inds. Gas & Fuels
Oil India Views Sell
Daily
View
Bullish reverse Head & Shoulder pattern failed breakout and then on weakness below 50
DsMA at 178 should target 160 otherwise bullish on strength above 180 targeting 200
DsMA at 190.
Weekly
View
Weakness below 200 WsMA at 188 should be bearish. Bullish on strength above 100 WsMA
at 198. Support at 155-150 zones.
36
Inds. Gas & Fuels
ONGC Views Buy
Daily
View
Breakout above 200 DsMA at 155 should target 175. Bearish on weakness below 100 DsMA at
149.
Weekly
View
Bearish Head & Shoulder pattern neckline at 150. Bullish on strength above200 WsMA at
167 targeting 180-215. Cautious on weakness below 167.
37
Inds. Gas & Fuels
Reliance Industries Views Buy
Daily
View
Bullish on range breakout above 1320 targeting 1700 or higher. Strict bearish on failed
breakout and then below 1300 targeting 980 or lower.
38
Inds. Gas & Fuels
MRPL Views Buy
Daily
View
Bullish on strength above 200 DsMA at 74.45 and then above 75 targeting 90 at least. Continued
bearish below 100 DSMA at 70.3 targeting 55.
Weekly
View
Falling trend line support at 60. Bullish on strength above 20 WsMA at 70 targeting 200
WsMA at 89 – 90 zones. Weakness below 70 should retest 60 again.
39
Inds. Gas & Fuels
Chennai Petro Views Buy
Daily
View
Bullish-flag pattern breakout above 200 DSMA at 269.9 targeting 300 - 320 at least. Bearish
on failed breakout and the on weakness below 240.
Weekly
View
Bullish only on strength above 200 WsMA at 293 targeting 100 WsMA at 331 and then likely
higher. Bearish breakdown below 220. Both bearish and bullish Head & Shoulder pattern
existing on chart signifying uncertainty.
40
Bank – Public
Allahabad Bank Views Buy
Daily
View
61.8% Fibonacci support at 46 should be bullish on strength above 100 DSMA at 47-48
targeting previous pivot high at 59 and then higher. Cautious on weakness below 200 DSMA
at 44.5.
Weekly
View
Bullish on reverse Head & Shoulder pattern breakout above 45 targeting 200 WsMA at 62.4
and then likely 75. Weakness below 50 WsMA at 44.5 should find supply. Support at 50 – 45
zones and then at 40.
41
Bank – Public
Bank Of Baroda Views Neutral
Daily
View
Bullish on strength above gap resistance at 135. Cautious on weakness below 200 DSMA at
119.
Weekly
View
42
Bank – Public
Bank Of India Views Buy
Daily
View
Breakout above 50 WsMA at 91-92 should target 100 & 200 WsMA at 117-120 zones.
Breakout failure on weakness below 80 targeting 65.
43
Bank – Public
Canara Bank Views Buy
Daily
View
50% Fibonacci support at 257 should be bullish targeting 330. Weakness below 245 should
find supply targeting 200 which is a support zone.
Weekly
View
Weakness below 50 WsMA at 257 should target lower support of the range at 180. Bullish
on strength above 200 WsMA at 279 targeting 340.
44
Bank – Public
IDBI Bank Views Sell
Daily
View
Short-term triangle pattern should target 36. Sell on rise towards pattern resistance at 42.
Weekly
View
45
Bank – Public
Indian Bank Views Buy
Daily
View
Channel breakout support at 250 should be bullish targeting 310. Bearish on weakness
below 100 DsMA at 245 targeting 210.
Weekly
View
Resistance of 100 WsMA at 298. Bullish on strength above 260 should target 300. Bearish
Head & Shoulder pattern neckline resistance at 310-320 should target 180 or lower.
46
Bank - Public
Oriental Bank Views Buy
Daily
View
61.8% Fibonacci support at 93.5 should be bullish on strength above 100 targeting 135.
Failed breakout on weakness below 90 should find support at 75.
Weekly
View
Cautious on weakness below 20 WsMA at 97.65. Bullish on strength above 200 WsMA at
113.5. Bullish Wolfe Wave target at 250.
47
Bank – Public
Punjab National Bank Views Buy
Daily
View
50% Fibonacci support at 84 should be bullish targeting gap resistance at 105-110. Bearish
on failed breakout below 78 targeting 60 or lower.
Weekly
View
Bullish reverse Head & Shoulder pattern breakout above 80 should target 200 WsMA at
117.8.
48
Bank - Public
State Bank Of India Views Buy
Daily
View
Rising channel breakout above 320 should target 360. Cautious on failed breakout on
weakness below 20 DsMA at 313.
Weekly
View
Uncertain symmetrical triangle breakout above 310 should target 360. Bearish and failed
breakout on weakness below 300.
49
Bank - Public
Syndicate Bank Views Buy
Daily
View
61.8% Fibonacci support at 36.6 should be bullish targeting 48 – 50 zones. Cautious below
36. Support zone at 36-37.
Weekly
View
Trading channel upper resistance breakout at 39-40 zones should target 50. Bearish on
weakness below 36 should target 30 or lower towards 22-20.
50
Bank - Public
Union Bank Of India Views Buy
Daily
View
50% Fibonacci support at 84 should be bullish targeting 115. Bearish below 80.
Weekly
View
Rising wedge pattern should target 50. Bearish on weakness below 80. Pullback should find
resistance at 106 – 126 zones.
51
Capital Goods
CG Power &Ind Solutions Views Neutral
Daily
View
Bullish pennant pattern should find demand on strength above 50 DsMA at 38 targeting 55.
Cautious below 50 DsMA which should target falling demand line at 32 and then likely
breakdown target at 24.
Weekly
View
Long term target at 21-22 zones has been achieved. Bullish on strength above 36 WsMA at
39-40 zones targeting 66. Cautious below 30 targeting 20 again. Buy on throwback towards
support at 32.
52
Capital Goods
Havells India Views Buy
Daily
View
Rising channel support at 700. Cautious on weakness below 100 DsMA at 720. Strength
above 20 DsMA at 762 should target 870. Bullish on throwback towards demand zone at
740-730.
Weekly
View
Rising channel breakout above 820 should target 900. Cautious on weakness below 800.
Bearish below 20 WsMA at 725 targeting 200 WsMA at 470.
53
Capital Goods
Siemens Views Buy
Daily
View
Rising channel breakout above 1150 will target 1350 otherwise bearish on breakout-failure
below 1100 targeting 900 or lower.
Weekly
View
Bullish on strength above 200 WsMA at 1175 targeting 1600 or higher. Weakness below
1100 will target 900 at least.
54
CAPITAL GOODS
BEML Views BUY
Daily
View
After a decent correction it is trading around 100DMA (878) mark and if it manages to cross 888
then pullback rally can be seen. Resistance stands at 918(50DMA) and support at 806 zones.
Weekly
View
Decent correction is being observed after breakout from head & shoulder pattern. Buy on dips
should be approached and violation of 725 will nullify the inverse head & shoulder pattern.
55
CAPITAL GOODS
BEL Views NEUTRAL
Daily
View
Likely to trade sideways with positive bias till it holds 87(100DMA) zones. Immediate resistance is
placed at 89.60 levels and support at 85 levels.
Weekly
View
56
CAPITAL GOODS
BHEL Views SELL
Daily
View
Break below 68 should be traded with negative bias. Support is placed at 68.60(100DMA) mark
and resistance at 73 level.
Weekly
View
Hovering below 20WSMA (69) mark indicates weakness. Resistance stands at 75 zones and
support stands around 60 mark.
57
CAPITAL GOODS
Enginers India Views SELL
Daily
View
Sell on rise should be approached around 113 zones. Resistance is placed at 116 levels and support
stands at 103.
Weekly
View
Trading below 20WSMA (116) indicates cautious. Resistance stands at 120 and support at 103
mark.
58
CHEMICALS
Asian Paints Views NEUTRAL
Daily
View
Weekly
View
Bull trend likely to continue till it trades above 1360 zone. Support at 1424(20WSMA) and resistance
stands at 1529.
59
CHEMICALS
Godrej Industries Views SELL
Daily
View
Sell on rise should be approached till it trades below 536(200DMA). Support stands at 468 mark
Weekly
View
60
CHEMICALS
PIDILITIND Views BUY
Daily
View
Failed to sustain above its breakout level indicates cautious but overall trend is positive. Support
stands at 1162(100DMA) and resistance at 1312.
Weekly
View
Sustenance above Inverse head and shoulder neckline indicates continuation of bull rally. Support
at 1165 and resistance at 1380 levels.
61
CHEMICALS
Berger Paint Views SELL
Daily View
Any attempt to break below 310 can witness selling pressure. Support stands at 296 and
resistance at 325 mark.
Weekly
View
Below 309(50WSMA) can witness selling pressure else bounce back cannot be ruled out. Support
stands at 309 zones and resistance at 325 mark.
62
AGRI
KAVERI SEEDS Views SELL
Daily
View
Below 437 can resume bear trend else it may trade sideways. Support stands at 403 mark and
resistance at 469.
Weekly
View
Pullback rally facing resistance at its upward sloping trend line around 484 zones. Support stands at
406 and resistance at 478 mark.
63
AGRI
TATA CHEMICALS Views SELL
Daily View
Big bear candle indicates bears are in firm grip. Support is placed at 551 and resistance at 583
levels.
Weekly
View
Below 550 can witness fresh weakness targeting 524 mark. Resistance stands at 574 zones.
64
AGRI
JAIN IRRIGATION Views SELL
Daily View
Sell on rise should be approached until violates 60 level. Support stands at 49 mark and
resistance at 57 zones.
Weekly
View
Cautious approach should be taken until crosses 61 mark. Resistance stands at 71.50 (50WSMA)
and support at 49 level.
65
AGRI
TATA GLOBAL Views NEUTRAL
Daily
View
Below 200 mark can witness selling pressure. Resistance stands at 223 levels and support at 182
mark.
66
AGRI
GSFC Views SELL
Daily
View
Consolidation range breakdown indicates weakness and sell on rise should be approached.
Resistance stands at 102 and support stands at 88 mark.
Weekly
View
67
AVIATION
JET AIRWAYS Views NEUTRAL
Daily
View
Traders should wait for clarity as there is no major formation observed. Support stands at 118
mark and resistance at 138.
Weekly
View
If it holds moves above 164 then pullback rally can be seen else cautious. Resistance stands at 202
zones and support at 118 mark.
68
AVIATION
INDIGO Views BUY
Daily
View
Shooting star candlestick pattern indicates cautious but overall trend is bullish and buy on dips
should be approached. Support stands at 1463 levels and resistance at 1650.
Weekly
View
Any attempt to move above 1650 can witness fresh up move. Support stands at 1473 and
resistance at 1650.
69
CONSUMER DURABLES
VOLTAS Views SELL
Daily
View
Break below 595 should be traded with negative bias. Immediate resistance stands at 641 levels
and support at 569 levels
Weekly
View
Facing supply at its trend line zones and correction cannot be ruled out. Support stands at 561
levels and resistance at 641.
70
DIVERSIFIED
CENTURY TEXTILE Views BUY
Daily
View
Hovering above 200DMA (914) mark and likely to trade with positive bias. Support is placed at 874
level and resistance stands at 962 level.
Weekly
View
If it moves above 962 then fresh up move can be seen. Support stands at 872 mark and resistance
at 1063 mark.
71
DIVERSIFIED
GRASIM Views BUY
Daily
View
Sustenance above 200DMA(878) should be traded with positive bias. Support stands at 868 and
resistance at 940 levels.
Weekly
View
Sustenance above 856(200WSMA) can take the price higher targeting 1009 mark. Support stands
at 811.
72
DIVERSIFIED
SRF Views BUY
Daily View
Bullish bias should continue till it holds above 2483 mark. Support stands at 2393 levels and
resistance at 2796.
Weekly
View
Sustenance above 2268 should be traded with bullish bias. Support stands at 2417 mark.
73
FMCG
BRITANNIA Views SELL
Daily View
Sell on rise should be approached as the price is overstretched from its moving averages.
Resistance stands at 2850 and support at 2620.
Weekly
View
Sell on rise should be approached as it has broken its trend line support. Support stands at 2665
and resistance at 3044 mark.
74
FMCG
COLPAL Views SELL
Daily
View
Trading below all its important moving averages indicates cautious. Support stands at 1137 and
resistance stands at 1199 zones.
Weekly
View
Cautious approach should be taken as it has broken 50WSMA (1199) mark. Support stands at
1143 mark.
75
FMCG
DABUR Views SELL
Daily
View
Facing supply around 20DMA(400) zones and sell on rise should be approached. Support is placed
at 377 & resistance at 412 levels.
Weekly
View
Likely to trade with a corrective mood till it trades below 416 mark.
76
FMCG
GODREJCP Views SELL
Daily View
Weak sentiment likely to persist until crosses 679 mark. Support stands at 626 and resistance at
667 zones.
Weekly
View
Spinning top candlestick pattern indicates indecisiveness. Support stands at 600(200WSMA) and
resistance at 716.
77
FMCG
HINDUNILVR Views SELL
Daily View
Trading below all its important moving averages indicates weakness. Support stands at 1650
levels and resistance at 1713 mark.
Weekly
View
Formation of lower troughs and peaks indicates weakness in short term. Support stands at 1650
and resistance at 1745 mark.
78
FMCG
ITC Views BUY
Daily View
Buy on dips should be approached till it holds above 292 mark. Support stands at 300 and
resistance at 314.
Weekly
View
Sustenance above 287 can take the price higher targeting 322 mark. Support stands at 281
levels and resistance at 310 mark.
79
FMCG
JUILANT FOOD Views NEUTRAL
Daily
View
Weekly
View
Any attempt to break below 1317 should be traded with negative bias, else sideways.
80
FMCG
NESTLE INDIA Views SELL
Daily
View
If it breaks below the trend line support of 10300 then sharp correction cannot be ruled out.
Support stands at 10000 and resistance stands at 10589.
Weekly
View
81
FMCG
MARICO Views BUY
Daily
View
Sustenance above 347 can take the price higher targeting 384. Cautious below 340 mark.
Weekly
View
Long legged candlestick pattern indicates indecisiveness. Resistance stands at 384 mark and
support at 349 level.
82
FURNISHING
KAJARIA CERAMICS Views BUY
Daily View
Shooting star candlestick pattern indicates cautious but overall trend is bullish. Resistance stands
at 627 and support at 579.
Weekly
View
Doji candlestick pattern indicates indecisiveness. Support stands at 572 levels and resistance at
635 levels.
83
IT
HCL TECH Views BUY
Daily View
Buy on dips should be approached till it holds 1073 mark. Resistance stands at 1187 levels and
support stands at 1115 mark.
Weekly
View
Facing supply at higher level and support based buy should be approached. Resistance stands at
1187 and support at 1036.
84
IT
HEXAWARE Views NEUTRAL
Daily View
Weekly
View
Likely to trade positive until violates 325 mark. Cautious below 325 zones.
85
IT
INFOSYS Views BUY
Daily View
Bull trend likely to continue until violates 712 mark. Resistance stands at 754 and support at 719.
Weekly
View
Bull trend likely to persist and above 773 can extend its rally. Support stands at 722 & resistance
at 814 levels.
86
IT
BIRLA SOFT (Old Name: KPIT) Views SELL
Daily
View
Weakness sentiment likely to maintain till it trades below 101(50DMA). Support stands at 82 and
resistance at 99 mark.
Weekly
View
Negative sentiment likely to continue and below 92 zones fresh weakness can be seen. Resistance
stands at 100 mark and support at 82 mark.
87
IT
MINDTREE Views BUY
Daily View
Formation of higher high and higher lows indicates positive bias. Support stands at 968 levels
and resistance stands at 1015.
Weekly
View
Above 995 bull rally can be extended towards 1115 zones. Support at 912(20WSMA) and
resistance at 995.
88
IT
NIIT TECH Views SELL
Daily
View
Likely to witness selling pressure as its momentum indicators in negative territory. Resistance
stands at 1307 and support stands at 1257 level.
Weekly
View
Facing supply at higher level and correction cannot be ruled out as its momentum indicators are
trading below its average line. Support stands at 1215(50WSMA) and resistance at 1364.
89
IT
TCS Views BUY
Daily
View
If it manages to hold its previous breakout zone support level then pullback can be seen else
cautious. Support stands at 2100 and resistance at 2186 mark.
Weekly
View
Bearish engulfing candlestick pattern indicates cautious. Resistance stands at 2266 and support at
2001 mark.
90
IT
TATA ELXSI Views SELL
Daily
View
Trading below all its important moving averages indicates cautious. Support stands at 830 and
resistance at 940 levels.
Weekly
View
Sell on rise should be approached till it trades below 930 mark. Support stands at 830 and
resistance at 936.
91
IT
TECH MAHINDRA Views BUY
Daily View
Sustenance above 800 should be traded with positive bias. Support stands at 795 and resistance
at 846.
Weekly
View
Bullish bias likely to maintain on sustenance above 798 mark. Support stands at 770 and
resistance at 846 levels.
92
IT
WIPRO Views BUY
Daily
View
Buy on dips should be approached around 281(20DMA) zones. Support stands at 273 levels and
resistance at 297.
Weekly
View
Facing resistance at its trend line and traders should be cautious. Support stands at 268 mark and
resistance at 297 mark.
93
TEXTILE
ARVIND Views SELL
Daily
View
Sell on rise should be approached till it trades below 89 mark. Support stands at 76 zones.
Weekly
View
Facing supply around 20 WSMA (88) zones. Support stands at 72 and resistance at 91 levels.
94
TEXTILE
PAGE Views SELL
Daily
View
Momentum indicators are in negative territory indicates cautious. Support is placed at 21550 and
resistance at 23320 mark.
Weekly
View
Cautious on sustenance below 22500 mark. Support stands at 20300 and resistance at 23670.
95
TEXTILE
RAYMOND Views SELL
Daily View
Piercing line candlestick pattern indicates pullback rally but overall trend is weak till it trades
below 785 mark. Resistance at 779 and support at 729 levels.
Weekly
View
Doji star candlestick pattern indicates indecisiveness. Support stands at 674 mark and resistance
at 784.
96
MISCLLANEOUS
JUST DIAL Views BUY
Daily
View
In a verge to form bull flag and any attempt to move above 594 should be traded with bullish bias.
Resistance stands at 661 levels and support at 569.
Weekly
View
Positive bias should be maintained until breaks 567 mark. Support stands at 535 levels.
97
RETAILING
BATA INDIA Views BUY
Daily View
Strong bull trend is being observed and trades should hold long until it violates 1421(20DMA).
Support stands at 1367 and resistant at 1500 levels.
Weekly
View
Traders should be cautious as it is losing momentum at higher level and lack of volume
participation. Support stands at 1367 levels and resistance at 1500.
98
FINANCE
L&TFH Views SELL
Daily
View
Sell on rise should be approached until moves above 140(100DMA) zones. Support is placed at 120
levels and resistance at 143 levels.
Weekly
View
Likely to trade with corrective mood till it trades below 147(50WSMA) mark. Support stands at 121
zones.
99
FINANCE
M&MFIN Views SELL
Daily View
Sell on rise should be approached until it crosses above 434 mark. Support stands at 368 levels
and resistance at 414.
Weekly
View
Sustenance below 405 can be traded with negative bias. Resistance stands at 424 levels and
support at 361 mark.
100
FINANCE
PFC Views BUY
Daily
View
Support based buy should be approached around 100DMA(108) zones. Resistance stands at 118
mark.
Weekly
View
Sustenance above 109 can take the price further up. Support stands at 104 level and resistance at
123 mark.
101
FINANCE
RELIANCE CAPITAL Views SELL
Daily View
Momentum indicators are in negative territory indicates weakness. Support stands at 126 levels
and resistance at 161.
Weekly
View
Doji candlestick pattern indicates indecisiveness. Resistance stands at 183 and support stands at
126.
102
FINANCE
REC LTD Views SELL
Daily
View
Violation of 50DMA(143) mark indicates weakness. Support stands at 130 mark and resistance at
149 levels.
Weekly
View
Sustenance above 137 should be traded with bullish bias but minor correction cannot be ruled out
as its momentum indicators in negative territory. Support stands at 130 levels and resistance at
165.
103
FINANCE
SHRIRAM TRANSPORTFIN Views SELL
Daily View
Sell on rise should be approached as its momentum indicators are in negative territory. Support
stands at 1046 and resistance stands at 1160(100DMA) zones.
Weekly
View
Three dark crow candlestick pattern indicates weakness below 1068 mark. Resistance stands at
1161 and support stands at 994.
104
FINANCE
BAJAJ FINSRV Views BUY
Daily
View
Cautious approach below 7449 should be taken. Support stands at 7272 levels and resistance at
8000.
Weekly
View
Above 7750 follow up move can be seen else cautious. Support stands at 6727(20WSMA) and
resistance at 8000.
105
FINANCE
UJJIVAN FIN Views NEUTRAL
Daily
View
Likely to trade sideways in between moving average band of 330(20DMA) and 319(50DMA). Fresh
move can be seen only on crossover or cross down from this zone.
Weekly
View
Sustenance above 50WSMA (308) can take the price up else cautious. Support stands at 300 levels
and resistance at 334.
106
FINANCE
BAJAJ FINANCE Views BUY IN DIPS
Daily
View
Breakout from previous swing high is indicating strength. Till it sustains above 2990, any dip
is a buying opportunity.
Weekly
View
Breakout from previous swing high is indicating strength. Till it sustains above 2990, any dip
is a buying opportunity.
107
FINANCE
Bharat Fin Inclusion Views Buy in Dips
Daily View
Doji formation is signifying indecisiveness. It may come down till 950 marks.
Weekly View
Trading around rising trend-line. Below 969, price may fall further lower.
108
FINANCE
HDFC Ltd Views Neutral
Daily View
Strong hurdle is seen around 2050 levels i.e. all-time high. Now it has to cross this
marks to gain further up-side momentum.
109
FINANCE
CAPITAL FIRST LIMITED Views Suspended due to
Procedural reasons
Daily
View
Post breakout from a trend-line, CAPF is currently trading around 38.2% Retracement levels.
Now prices may enter into consolidation phase for sometimes.
Weekly
View
CAPF has given breakout from a Falling trend-line and is currently consolidating 100 weekly
simple moving average stands at 595.80 marks. Now it has to cross this level to gain further
up-side momentum. Moreover, MACD has given positive crossover which is a bullish set-up.
110
FINANCE
CHOLAMANDALAM IN & FIN CO Views Buy in Dips
Daily
View
Stock is trading at 50% Retracement levels of 1300 marks. Below 1300, price may fall
further lower.
Weekly
View
111
FINANCE
EQUITAS HOLDINGS LIMITED Views Buy
Daily View
EQUITAS has taken out strong hurdle of 130 signifying bullish momentum to continue in
near term.
112
FINANCE
MANAPPURAM FINANCE LTD Views Cautious
Daily
View
Trading around short term moving averages. Continuous trade below 118, prices may fall
lower till 111-112.
Weekly
View
Strong hurdle is seen at 129-130. Now it has to close above 130 to gain up-side momentum.
113
FINANCE
MUTHOOT FINANCE LIMITED Views Neutral
Daily
View
Trading around 38.2% speed lines. Closing below 570 may drag prices further lower.
Weekly
View
Strong bull candle above previous breakout levels indicating strength. Till it sustains above 520,
any dip is a good level to buy.
114
Finance
ICICIPRU Views Buy
Daily
View
Weakness below 200 DsMA at 344 should be shorted targeting trend line support at 290 at
least. Bullish on strength above 360 targeting 440. Resistance at 390.
Weekly
View
Failed channel breakdown below 330 should target upper resistance of the channel at 410 –
420 zones. Bullish on strength above 50 WSMA at 352. Continued bearish on weakness below
20 WsMA at 336.
115
Finance
Daily
View
The perfect bearish alignment of the major moving averages may take the stock further down
towards the next major support 7.70 and even 6.65 with 11.80-12.40 acting as a stiff resistance
zone.
Weekly
View
The 2008 low of 15.30 has determined the upper limit of the stock for the last few months
and the stock is expected to face further selling pressure from the resistance zone 11.80-
12.40 (10 WEMA) whenever any pullback rally takes place. The 2006 low of 7.70 and 2004
low of 6.65 are the next downside targets.
116
Finance
IDFC Views Neutral
Daily
View
The stock is in a corrective mode and the bulls will need to protect the support of 37.80 and a rise
above the 200 DSMA (42.60). A failure to do so will turn the trend firmly down.
Weekly
View
The 100 WSMA at 50.50 and the 200 WSMA at 53 should be the targets for the current rally if
the previous channel resistance can provide the support now. Only a firm break below 37.80
can confirm a bearish trend.
117
Automobile & Ancillaries
Amara Raja Batteries Views Sell
Daily View
AMARAJABAT is trading around key support of 650 marks. Closing below 650, price may fall
further lower.
118
Automobile & Ancillaries
Exide Industries Views Sell on Rise
Daily View
On weekly chart, Trading around internal trend-line. Till it sustains below this line, profit
booking at higher levels cannot be ruled out.
119
Automobile & Ancillaries
Apollo Tyres Views Neutral
Daily View
Double Bottom around 192 marks indicating a pause in down-move. Hurdle is seen at 227
Weekly
View
Double Bottom around 192 marks indicating a pause in down-move. Hurdle is seen at 245
120
Automobile & Ancillaries
Bharat Forge Views Neutral
Daily View
Hammer formation around previous breakout levels signifying possible change in trend.
Support is seen at 450.
121
Automobile & Ancillaries
Ceat Views Sell Below
Daily
View
CEAT rebounded from previous swing low. Till it sustains above 1030, bounce-back from
lower levels cannot be ruled out.
Weekly
View
On weekly chart, Ceat has given short term breakdown from up-ward sloping trend-line. It
may fall lower till 980 marks.
122
Automobile & Ancillaries
Cummins India Views Buy on Dips
Daily
View
CUMMINS may fall till upward sloping trend-line i.e. around 680 marks which may act as
immediate support levels.
Weekly
View
Daily View
MRF may fall further lower till 46000 marks i.e. Target of AB=CD pattern.
Weekly View
On the weekly chart, MRF is heading towards 49700 marks i.e. 61.8% Retracement levels
which may act as immediate support levels.
124
Automobile & Ancillaries
Castrol India Views Sell
Daily
View
The decline may extend to 141 and even 135 in the coming days and any pullback rally is expected
to face resistance from the 50 DSMA at 160.
Weekly
View
The confluence of the 100 WSMA around 175 and the previous support zone in 171-178 is
acting as a stiff resistance now. The probability of a retest of the life low at 135 is much
stronger at this point.
125
Automobile & Ancillaries
BALKRISHNA IND. LTD Views Buy Above
Daily View
Doji formation around 100 SMA is indicating indecisiveness among buyers and sellers. Stock
may witness a temporary bounce-back till 940 marks.
Weekly
View
Trading below all short term moving average on weekly scale indicating weakness to persist
in near term.
126
Cement
Dalmia Bharat Ltd Views Suspended due to procedural
reason
Daily
View
Weekly
View
127
Cement
ACC Views Buy in Dips
Daily
View
Trading around 20 EMA of 1647. Above this level, ACC may gain momentum on up-side.
Weekly
View
Bearish candle around 78.6% Retracement levels indicating possible change in trend.
128
Cement
Ambuja Cements Views Neutral
Daily
View
AMBUJA Cements is trading major moving averages. Till it sustains above 215, bounce-
back from lower levels cannot be ruled out.
Weekly
View
Daily
View
INDIACEM may find strong hurdle around 127-130 marks in near term.
130
Cement
Ultratech Cement Views Neutral
Daily View
Took hurdle at 161.8% Retracement levels. Moreover, ADX (14) is trading around 40 levels
indicating stock may enter into consolidation phase.
Weekly
View
Breakout from previous swing highs with rising volume confirming bullish bias to continue
in near term.
131
Cement
SHREE CEMENT LIMITED Views NEUTRAL
Daily View
Stock is trading around upper-band of Bollinger (20,2) with negative divergence on RSI is
suggesting a cautious approach.
Weekly
View
Near term hurdle is seen around 20550 i.e. previous swing high.
132
Mining & Metals
Coal India Views Cautious
Daily View
Consolidating around 200 DMA stands at 253.58. Sustenance above 254 may add
momentum on up-side.
Weekly View
Daily View
NMDC took support at previous breakout levels. Support is seen at 98. Below 98, stock
may fall further lower.
Weekly View
NMDC took resistance around 38.2% Retracement levels. MACD is trading around zero
levels suggesting a cautious approach.
134
Mining & Metals
Hindalco Industries Views RANGE-
BOUND
Daily View
Trading below short term moving averages. Negative cross-over may add momentum on
downside.
Weekly
View
135
Mining & Metals
Hindustan Zinc Views Buy in Dips
Daily View
Hind Zinc is trading around 200 DMA i.e. 274.93 levels. Sustenance above this may take
prices further higher.
Weekly
View
HINDZINC is on verge of breakout from falling trading signifying possible trend reversal.
Resistance comes around 310-315.
136
Mining & Metals
Vedanta Views Buy in Dips
Daily
View
Trading below all major moving averages indicating weakness to persist in near term.
Weekly
View
Bearish candle around 20 week simple moving average indicating bearish momentum to
continue.
137
Mining & Metals
NATIONAL ALUMINIUM Views Range-Bound
Daily View
Two consecutive Doji candle around 61.8% Retracement levels is indicating indecisiveness.
Below 50, price would resume its down-move.
Weekly
View
Trading below all major moving averages indicating weakness to persist in coming days.
138
Iron & Steel
Jindal Steel & Power Views Cautious
Daily View
JINDALSTEL rebounded from crucial support levels of 165 marks. Till it holds above
165, prices may bounce from lower levels.
Weekly View
Daily View
Closed above all short term moving averages indicating bullish momentum to continue
in near term.
Weekly View
Consolidating around 50% Retracement levels. Near term hurdle stands at 305.
140
Iron & Steel
SAIL Views Buy
Daily View
Breakout above previous swing highs is indicating strength. Next hurdle is seen at
58.50 & 62
Weekly View
Daily View
Closing above 200 DMA of 536.97 signifying bullish bias to persist in near term.
Weekly View
142
Logistics
Adani Ports Views Avoid
Daily View
Stock is consolidating above all short term moving averages signifying strength. Above
397 would confirm the breakout from trend-line.
Weekly View
Probable formation of an Inverse Head & Shoulder pattern. Neckline stands at 397.
Above 397 would confirm the pattern.
143
Logistics
Container Corp Views Sell on Rise
Daily View
CONCOR has given breakdown from head & shoulder pattern. Price may continue to fall
further lower.
Weekly
View
Daily View
Trading around rising trend-line. Till it sustains above this line, bounce-back from lower
levels cannot be ruled out.
Weekly View
Trading around rising trend-line. Till it sustains above this line, bounce-back from lower
levels cannot be ruled out.
145
Power
NTPC Views Buy
Daily
View
NTPC is trading around 100-week simple moving average. Next hurdle stands at 139 i.e.
downward sloping trend-line.
146
Power
Power Grid Corp Views RANGE_BOUND
Daily
View
POWER GRID is trading around major moving averages. Above 195, price may add fuel
on up-side.
Weekly
View
Power Grid may face strong hurdle at falling trend-line. Decisive move above 200 may
take prices further higher. Support stands at 177.
147
Power
PTC India Views SELL
Daily
View
Price is trading below all moving averages indicating weakness to persist in near term.
Weekly
View
PTC is trading below all weekly moving averages. Near term hurdle is seen around 77
marks.
148
Power
Reliance Infrastructure Views Cautious
Daily
View
Daily
View
Piercing-Line formation around previous swing low is suggesting a short term trend-
reversal. Support stands at 64 marks.
Weekly
View
Daily
View
Stock is heading towards upper band of range i.e. around 275-276. Till it sustains below
276, profit booking at higher levels cannot be ruled out.
151
Power
Adani Power Views Sell
Daily
View
The Negative Divergence and the Cup & Handle pattern failure helped the resistance at 58 to hold.
For any turnaround, the stock must stay above the 200 DSMA (41.15) and the trendline support
around 40.50.
Weekly
View
The strong bearish candles suggest an extension of the decline to the 100 (34.70) & 200
(32.30) WSMA in the coming weeks.
152
Power
Reliance Power Views Sell
Daily
View
The stock shows no sign of recovery as it keeps searching for fresh lows. It has made a fresh
lifetime low at 5.05 this week and still no support is visible. Immediate resistance at 10.20-80.
Weekly
View
More lifetime lows are expected as even the major moving averages keep chasing the price
down. Despite the pickup in volume in the recent weeks, suggesting accumulation at the
lower levels, no significant reversal price action is visible. Resistance at 10.20-80.
153
Infrastructure
IRB Infra Views Sell on Rise
Daily View
IRB is trading below all short term moving averages. Next support is seen at 120
Weekly View
IRB may fall further lower till 111-112 which may act as immediate demand zone.
154
Infrastructure
Larsen & Toubro Views Buy on Dips
Daily
View
Trading in a corrective mode. Closing above 1375 would take prices higher till 1465.
Weekly
View
Strong hurdle is seen at 1465. Now it has to close above 1465 to gain further up-side
momentum.
155
Infrastructure
NCC Views Buy in Dips
Daily View
NCC has entered into corrective mode. Near term support is seen at 90 which is a good
levels to buy.
Weekly
View
NCC has entered into corrective phase. Near term support stands at 94 levels.
156
Trading
MCX Views Buy in Dips
Daily View
Short term trend-line breakout indicating up-side momentum to continue till 900
marks.
157
Trading
Daily
View
After meeting all the downside targets, the oversold indicators suggest a pullback rally
towards the 200 DMA (146) but the major trend remains down and selling can be expected at
the higher levels.
Weekly
View
The failure of the 20 DSMA (139) to rise above the 100 DSMA (141) doesn’t bode well for the
stock and a break below 123 may trigger a revisit to the major support 109.
158
Telecom
Bharti Airtel Views Buy in Dips
Daily
View
Breakout from an Ascending triangle is indicating trend reversal. It may move higher till
380-400 marks in near term.
Weekly
View
It took strong hurdle at 200-week simple moving average stands at 334.90. Closing above
335 may add further momentum on up-side.
159
Telecom
Tata Communications Views AVOID
Daily
View
TATACOMM is trading below short term moving averages. It may come down till 535-
540 marks.
Weekly
View
TATA Comm took strong hurdle around 61.8% Speed line. Till it sustains below this,
price may trade with negative bias.
160
Telecom
Bharti Infratel Views Neutral
Daily
View
The bearish crossover of the 20 & 50 DSMA has turned the trend firmly down but a short term
pullback rally to the 200 DSMA (284) or even 20 DSMA (300) can’t be ruled out.
Weekly
View
The stock has faced rejection twice from the confluence of the 38.2% retracement level and
100 WSMA around 335. If the long term support at 255 holds, then a bounce back towards
284-300 can be expected.
161
Telecom
Vodafone Idea Views Sell
Daily
View
Unless the 100 DSMA at 20 is broken above and a higher high made above the last swing high at
22.20, no respite is expected for the stock and fresh lifetime lows remain on the cards. No support
visible.
Weekly
View
The stock is currently trading below the 2008 low of 21.40. No sign of strength or any support
is visible.
162
Realty
DLF Views Sell on Rise
Daily
View
DLF is trading below all major moving averages. Any rise towards 180 is a good level to
short.
Weekly
View
Failed breakout from Symmetric Triangle is indicating weakness. Support stands at 155.
Below 155, DLF may fall further lower.
163
Realty
NBCC Views Buy Above
Daily
View
Trading around falling trend-line. Breakout above 61 would add momentum on up-side.
Weekly
View
Bearish candle around 20 week SMA is indicating weakness to persist in near term.
164
Bank – Private
DCB Bank Views NEUTRAL
Daily View
Bearish formation with negative divergence is suggesting a cautious approach. Any dip
towards 204 is a good buying levels.
Weekly
View
Breakout above previous swing high with rising volume is suggesting up-side strength to
persist in near term.
165
Bank - Private
HDFC Bank Views BUY on dips
Daily View
Fresh breakout from range is signifying strong bullish momentum to continue in coming
days.
Weekly
View
Daily View
Bull candle around 50% Retracement levels with MACD at zero marks suggesting a
possible change in trend. Now it has to cross 53 decisively to gain upside momentum.
Weekly
View
Daily
View
On weekly time frame, price has reverted back to up-ward sloping trend-line. Below 1540,
prices may fall further lower.
168
Bank - Private
Kotak Mahindra Bank Views Neutral
Daily
View
Kotak Bank has given breakout from all-time high. Rising On-Balance Volume is indicating
bullish momentum to continue in near term.
Weekly
View
Kotak Bank has given breakout from all-time high amid strong earnings. Positive bias is
likely to continue in near term.
169
Bank - Private
Karnataka Bank Views Buy on Dips
Daily
View
KTKBANK is trading around lower band 20 days’ range. Moreover, Bull candle around 50%
Retracement levels is also signifying possible change in trend.
Weekly
View
On weekly time frame, KTKBANK is trading around 100 weekly simple moving average
stands at 130.57. Closing above this may take prices higher till 136-137 and then 146
170
Bank - Private
Yes Bank Views Cautious
Daily View
Gap-Down on weekly chart is indicating that bear are in control and may push prices
further lower. Near term support is seen at 145
171
Bank - Private
RBL BANK LIMITED Views Buy in Dips
Daily
View
Probable formation of Head and Shoulder pattern on daily chart. Below 660, price would
confirm short term reversal.
Weekly
View
RBLBANK is consolidating above previous swing high. Till it sustains above 650, stock
should trade with positive bias.
172
PRIVATE BANK
AXIS BANK Views BUY
Daily
View
Any attempt to move above 769 can resume bull rally else cautious. Support stands at 742 level
and resistance at 779.
Weekly
View
Buy on dips should be followed till it trades above 710. Support stands at 738 levels and resistance
at 832.
173
PRIVATE BANK
ICICI BANK Views NEUTRAL
Daily
View
Likely to consolidate in between 411 & 382 zones. Support Stands at 382 level and resistance
stands at 411.
Weekly
View
Buy on dips should be approached until violates 375 mark. Support stands at 382 levels and
resistance at 411.
174
PRIVATE BANK
FEDERAL BANK Views BUY
Daily
View
Likely to face supply around 100 mark and any attempt to cross 100 mar can witness fresh up
move. Support stands at 91 mark.
Weekly
View
Facing resistance at its trend line and decisive cross above 101 can witness fresh momentum else
cautious. Resistance stands at 105 and support at 91 mark.
175
Media & Entertainment
PVR Ltd. Views Buy
Daily
View
The Negative Divergence suggests a correction pending but this stock is in a strong uptrend and
therefore may not suffer more beyond a small correction. If the strong support around 20 DSMA
around 1706 holds, then new life highs towards 1900 can be expected.
Weekly
View
The overbought state of the weekly RSI is a concern for the bulls but the strong bullish candle
in the weekly time frame denotes fresh strength. The swing support around 1650-60 is
expected to provide cushion to any corrections.
176
Media & Entertainment
Sun TV Network Views Sell
Daily
View
The 200 DSMA at 639 may limit any attempt to rally and the chances of extending the decline to
512 looks strong.
Weekly
View
The failure of the breakout from the major downtrend channel to trigger any major trending
move has increased the probability of retesting the January’19 low of 486.
177
Media & Entertainment
TV18 Broadcast Views Sell
Daily
View
The stock was sharply rejected by the 200 DSMA (38.10) despite breaking out of an Inverse Head
& Shoulders pattern and closed below all major moving averages. It may test 25.50 if the 2019 low
of 30.45 is broken in the coming days.
Weekly
View
The rejection from the resistance 39 has wiped out all the bullish possibilities and the major
downtrend has resumed. If the support at 30.45 is broken, then the stock may test the 2014
low of 27 and even lower levels around 25.50.
178
Media & Entertainment
Zee Entertainment Views Sell
Daily
View
Following the V-shaped recovery, the downside momentum is threatening to be back again. As
long as the 200 DSMA (458) holds, the chances of a retest of the lows can’t be totally discarded.
Weekly
View
The small Inside Bar on the weekly chart shows small consolidation but the selling pressure
may return as long as the stock trades below all the major moving averages. Immediate
resistance stands at 441 and support at 364.
179
Diamond & Jewellery
P C Jeweller Views Sell
Daily
View
The stock had ended a parabolic rise in the last few sessions. The high of 163.50 has held and now
the decline may extend to 100 in the short term.
Weekly
View
The stock has hit a major long term supply zone around 165 which has halted the rise for now
and may correct to 95-91 in the coming weeks.
180