NSE:ZENTEC CMP : 700 ZENTEC broke the resistance of 650.
Though the IT stocks are not doing well. Wipro is near support. I will keep in watchlist and check for any reversal
Looks like Nifty is running in channel. Keep a eye as election result might break it.
Aether industries is at good support of 880. Wait for reversal pattern as it is on descending triangle pattern. LTP- 880 SL - 870 T - 970
BSE took a good support at 560 and took reversal . Might take good another rally. LTP- 591 T - 690/762 SL- 553
HCLTech broke the resistance of 1115 Still in overbought zone but soon all IT stocks will move.
TCS Broke the resistance 3400 Though it is in overbought zone still wait for confirmation as all IT stock will move soon
NSE:SAIL SAIL is now on the verge of breakout. It broke the 200 and 50 EMA on Weekly frame. Broke the previous resistance of 84.5 Can wait for breakout of trendline. Target - 150 SL - 72
NSE:TCS Broke the trendline Reversed from support Target - 3420/3800 SL- 3140
NSE:HCLTECH HCL tech broke the resistance of 990 to 1000. Broke the 200 EMA as well. Result of the HCL tech is also good. Dividend yield of 3.69% Company has been maintaining a healthy dividend payout of 44.5%
NSE:INDUSTOWER Indus tower provide a good dividend of 5%. But carefully check its fundamental.
NSE:AXISBANK Good Support at 816 Wait for result on 20 oct 2022 and can take position. PS: Please do your own analysis before the taking any position