IOC closed on a strong note in the last session and is currently hovering between its short and medium exponential moving averages on the daily chart
Hero MotoCorp's stock has broken down below the last six week's price consolidation
Bandhan Bank has been trading in a steady downtrend and is facing selling pressure on every rise
The secular uptrend in KIE Industries' stock has proved all minor corrections to be good accumulation points for the bulls
After a decent correction from the peak level, Wockhardt stock has bottomed out near Rs 520 zone
Bector Food has seen a secular rally from its 52-weeks low of Rs 328 odd zones and since then there has been no major correction in the counter
Berger Paints after the recent up move has been consolidating in a narrow range around its record high
The stock of Federal Bank has broken out from a downward sloping trend-line on the daily chart.
FDC is in secular uptrend and is in the cycle of higher highs higher lows suggesting inherent strength in the counter
Cadila Healthcare's stock has taken base near Rs 600 levels on two occasions recently, forming a good support zone
During the first half of this week, 15,750 - 15,800 are the levels to watch out for and the first of sign of strength would come only after reclaiming 15,800 on a closing basis
The stock price has already broken out on the daily chart to close at an all-time high with higher volumes
HDFC AMC is currently hovering just near its 21 and 50 DEMA and far above the long-term exponential moving average (200 DEMA), suggesting inherent strength in the counter
Any breach below 1,340-1,350 would crash Nickel's prices till 1,300
Eicher Motors' stock has been trading with a positive bias and is placed well above all its major exponential moving averages on the daily time frame
With the RSI well-placed and indicating a trend reversal to signal a buy, Tata Chemicals' stock is expected to rise further in the coming days
The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes
Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame
The traders and investors are cautious of heavy profit booking in the indices. However, there aren't any major technical signals to support this view
The trend for aluminum has shifted from 'neutral' to 'positive'