ACC Ltd –

The stock is trading in the triangle pattern, making lower highs. The stock is trading near the strong support which is also big round number 1500. If the stock broke 1500 and manage to trade below it for sometime it will test lower levels.

Aurobindo Pharma –

The stock is trading in the tight range of 40-45 points from 440- 480/85. The stock was in the news few times in last month. The stock is trading near strong support of 440 is broken, it can test lower levels. Also it has form bearish flag & also gave breakout on lower side.

Axis Bank Ltd –

The stock is trading in the consolidation from last few sessions. The stock failed to gave breakout above 750-55 levels two times. The stock has broken consolidation and it is trading near small support of 723 (Blue dotted line). Once stock broke support level and manage to trade below it for some-time, it will test lower levels.

Bharat Petro –

The stock is trading in support line and which is also big round number 500. Below support line there is unfilled gap of the 10 points from 490 – 501. Stock may try to fill the gap.

Grasim Ind –

The stock has formed triangle pattern and gave breakout from the pattern at higher level. The stock is current trading near support zone of the 774 -770. If stock broke 77 levels and manage to trade below it, it can test lower levels. Any triangle pattern at higher or lower levels can give good move.

Tata Motors Ltd –

The stock gave big breakout on muhurt trading and it rallied from 125 to 180 levels in just three trading sessions. Now the stock is trading in the consolidation since then. It has formed tight range of 14 points from 166 – 180. Currently the stock is trading near support zone of 166 – 168, once zone is broken it can test lower levels.

Goldiam International Ltd –

This stock is not for intraday; this stock is for positional point of view. The stock is nearly doubled in last 6-7 months in volatile market indicates the strength in the stock. The stock is trading above EMA 50, EMA 100 & EMA 200 indicates strength in the stock. The stock has form cup and handle formation. If stock manage to trade above 150 levels for few sessions it can give nice upside move.

Disclaimer –

The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.


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