the whole auto sector is in accumulation. tvs motors is leading towards triangle pattern
the cup and handle pattern in noticed the COLPAL, it has good fundamental to break the 52 week high resistance level
Lupin has good fundamental and also it is in news for its drug approval.
due to open in the Air transport Serivces, it is showing momentum in the stock. Due to volatility in the stock, stock will start accumulate in the range of 99 to 108. best buying price is around 90. stop loss of 80
due to overbought conditions in the scrip, needs a correction, best optimum buy price is below 120 in support zone. gradual lifting of restriction regarding COVID 19 will help hotels to works on full fledged.
considering optional anaysis and trend analysis of reliance. it shows that 2100 is resistance and 1900 is the buying zone. its trading in rangebound.
federal bank has a decent fundamental with low PE ratio. Best optimum price to buy below 65, due to RSI divergence, it needs a correction.
sideway accumulation in ambuja, it has fundamentals and technically oversold.
Due to moderate growth in FMCG sector, this stock has been under accumulation phase for last month. triangle pattern is formed in the daily chart. due to expected growth in the FMCG sector, it has better targets.
considering oversold parameter by Money flow and Relative strength index, it has good support at 150 SMA. 1500 is the best buying price.
ambuja cement has good fundamentals. 250 around is the good buying price as its RSI and MACD indicating oversold, it has good support at 250.
with weak performance of sale in the current year and on going with weak fundamental parameter. the 50 days SMA acting as support for this stock.
best buy at 72, L&T holding performing well last one month. it has effect on its finance holding company.
hero motocorp has good fundamental strength, recent decrease share is due to decrease in the market share and sales. considering YoY growth company is loosing its fundamental strength. for short term swing it has around 5% profit.
by option analysis and volume price analysis, it cant sustain selling pressure.
considering option analysis it has highest number of open at 1200 and 1100. Max pain strike is 1100 and showing good signal for IT stocks
break out at 35 and 34.5, considering recent better performance of bank nifty. Decrease in IND VIX. considering option chain, shows below 34 rupees is good buying price for short term trader.