The outlook for Metal Authority of India (SAIL) is bullish. The inventory has risen 5 per cent on Tuesday and has closed on a powerful word. This has taken the share worth properly above the important thing resistance degree of ₹140. It additionally marks the top of the consolidation part and signifies that the broader … Read more
The short-term outlook is bullish for Hindustan Copper. The inventory has begun the week on a powerful word by surging over 11 per cent on Monday. This surge has taken the share worth very effectively above ₹290 – a key resistance degree. That retains the general uptrend intact. The extent of ₹290 will now act … Read more
The inventory of Sudarshan Chemical Industries turned bullish in Could final yr after it broke out of the resistance at ₹430. Nonetheless, after touching ₹610 final month, the value turned decrease. However the assist at ₹550 arrested the decline and on the again of this assist, the inventory rebounded. Final week, it broke out of … Read more
The short-term outlook is bullish for Apollo Hospitals Enterprise. The inventory has fashioned a powerful base round ₹6,000. A number of makes an attempt made to interrupt beneath ₹6,000 for the reason that starting of this month has failed. The robust 3 per cent rise on Friday, signifies the start of a brand new leg … Read more
Hindustan Petroleum Company Restricted (HPCL) inventory is preparing for a contemporary rally within the coming days. The inventory has been consolidating and forming a robust base above ₹250 for the reason that starting of this month. The 200-Day Shifting Common (MA) at ₹252 has been robust help all via this consolidation section. Resistance is round … Read more
The outlook for Data Edge (India) is bullish. The inventory is getting good help round ₹5,000. The worth motion on the weekly chart over the past couple of weeks signifies the presence of sturdy patrons across the psychological degree of ₹5,000. Above this, there’s a cluster of transferring common helps within the ₹5,200-5,180 area. We count … Read more
Equitas Small Finance Financial institution share is gearing up for a contemporary rally. The value motion since August this 12 months signifies a powerful base formation within the type of a double backside sample. The neckline resistance of this sample is at ₹91.50. Help is within the ₹87-86 area which may restrict the draw back … Read more
The short-term outlook is bearish for the inventory of Ashok Leyland. The inventory fell over 2 per cent on Thursday, breaking under the important thing assist at ₹176. This degree of ₹176 will now act as an excellent support-turned-resistance and can cap the upside. The 21-Day Shifting Common (MA) has been capping the upside constantly … Read more
The near-term outlook is bullish for KPR Mill. The inventory value has been transferring up step by step during the last week. On Tuesday, the inventory had risen over 3 per cent. The 21-day transferring common (MA) at round ₹750 has been giving good assist over the previous few days. It’s prone to restrict the … Read more
The outlook is bearish for ICICI Securities. The uptrend has reversed after forming a double-top sample. The share worth has been falling for greater than two weeks now. This week the inventory has tumbled over 7 per cent. Bearish shifting common cross overs on the day by day chart additionally strengthens the bearish case. Resistances … Read more