MCX

Multi Commodity Exchange of India is moving up after forming an inverse Head & Shoulders pattern on the daily time frame. Breakout point is ₹6,270. Enter at current price of ₹6,450 with the target of ₹7,950. On the downside ₹5,670 will act as a key support level.

BEL

Bharat Electronics is forming an inverse H&S pattern on the daily time frame and flag pattern on the weekly time frame. Breakout point is ₹301. Enter at current price of ₹303 with the target of ₹ 375 & ₹475. On the downside, ₹270 and ₹230 will act as key supports.

PIDILITIND

Pidilite Industries is breaking the 50 EMA and ₹2947 levels on the weekly time frame. Enter at the current price of ₹3021 with the Target 1 of ₹3363. A breakout above ₹3363 could lead to a target 2 of ₹4070. On the lower side, ₹2800 & ₹2680 will act as a key supports.

INDIGO

InterGlobe Aviation is moving in up trend channel on weekly time frame. And broke the level of ₹4945. Enter at the current price of ₹5193 with a target of ₹6100. On the downside ₹4090 is a major support level.

ABB

ABB India is moving upwards after taking support of the lower trend line channel on the weekly time frame. If it moves upwards and reaches the resistance level of ₹ 9020. Breakout above ₹ 9020 on a closing basis. It can reach the target of ₹ 13,100. On the downside ₹ 4,935 is a major […]

NESTLEIND

Nestle India is moving upwards after taking support of the lower trend line channel on the weekly time frame. Enter at the current price of ₹2267 with the resistance of ₹2745. A breakout above ₹2745 could lead to target of ₹3300. On the downside ₹2160 is a major support level.

HAL

Hindustan Aeronautics is breaking the 50 EMA after taking support at the lower trend line of the channel.. Enter at the current price of ₹4,098 with the resistance of ₹4,670 & ₹5,550. A breakout above ₹5,550 can lead to a target of ₹8000. On the downside ₹3088 is a key support level.

MANAPPURAM

Manappuram Finance is breaking out of the level of ₹ 224 and making an all time high on the weekly time frame. Enter at the current price of ₹ 230 with the Target of ₹ 350. On the lower side, ₹ 170 & ₹ 145 is a key support level.

FEDERALBNK

Federal Bank is moving up after taking support of lower trend line channel on the weekly time frame. If it move up & reach the resistance level of ₹213. A breakout above ₹213 on closing basis. It could reach the target of ₹250. On the downside ₹176 & ₹150 are key support levels.

ZENSARTECH

Zensar Technologies is breaking out from an Inverse H&S pattern on the monthly time frame. Enter at the current price of ₹833 with target of ₹1270. On the Lower side ₹670 & ₹521 will act as strong support.