Bajaj Auto Ltd –

Bajaj Auto hourly chart, the stock is trading in the sideways at higher levels. The stock has also formed a triple top & it is facing strong resistance at 2945. The stock has formed Inside bar pattern near resistance level at closing. I am bullish only above if stock broke higher level and manage t hold that level. Otherwise, I am expecting the stock will touch lower levels.

Bharat Electronics Ltd –

 Bharat Electronics Ltd hourly chart. The stock is trading in a strong uptrend. It has strong resistance near 93 levels. In the last session, the stock had tried to cross the resistance but failed. It has formed the Inside Bar Pattern at closing & the last candle is Doji which is an indecisive candle.

Grasim Industries Ltd –

Grasim Ind Ltd hourly chart, the stock is in the strong uptrend. In the last trading session, the stock has opened gap up but failed to rally higher levels. It has formed bullish engulfing in mid-session and inside bar pattern at the closing.

ICICI Bank Ltd – 

ICICI Bank hourly chart, the stock is in the strong uptrend. In the last session also the stock opened gap up but after that, it was trading inside the opening candle. The stock has formed Inside Bar Pattern at closing breakout will decide the next move of the stock.

ITC Ltd –

ITC Ltd hourly chart, the stock has given a strong upside move on 5th March. It has open gap up in the last session also but after that, it was trading inside the first candle & the first candle is also Shooting star. It has also given triangle breakout and formed Inside Bar Pattern at closing. I am bullish only above if candle crosses high and manage to hold the higher level.

United Phosphorus Ltd – 

United Phosphorus Ltd hourly chart, the stock was rallying in a strong uptrend until it started trading in the sideways market from last few days. The stock is trading in the range of 882 – 866 from last few sessions. It has strong resistance near 882. In the last session, it has formed the Inside Bar Pattern at closing. I am bullish only above 882 and manage to hold level for some time.

Zee Entertainment Enterprises Ltd –

Zee Entertainment Enterprises Ltd hourly chart, the stock is trading in the sideways market. The stock has strong resistance near 488 and support near 455. In the last session, it has formed the Inside Bar pattern at closing. Waiting for the breakout to initiate the position.  

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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