• Dabur India Ltd. WEEKLY ANALYSIS
    Anticipated weakness extended below 50 MA: 454 and also broken down 440 support line.
  • Trading near low indicates weakness intact on the underlying momentum.
  • RSI trying hold above 50 but weakness below 40 will increase the speed of the negative move.
  • MACD trying to enter the negative territory.
  • The breakdown below 430 may extend weakness further On the higher side 440 - 445 are immediate resistances.
  • BSE Ltd. - DAILY
    Witnessed a breakout last week and presently trading right below 100 SMA and resistance zone in the daily chart .
  • Further strength to take place only above swing high of 440 on an hourly closing basis and next probable resistance post breakout comes at 480 at 200 SMA .
  • However we may see correction in the stock if it fails to sustain above 440 level.
  • Tata Consultancy Services Ltd. WEEKLY ANALYSIS
  • Tata Consultancy Services Ltd.
  • It is trading within INSIDE BAR pattern for the last 3 trading weeks.
  • Technical indicators are mild bullish .
  • Nearby resistance is 50 day SMA (2064).
  • If price closes above 50 day SMA , the next resistance is swing high (2285) and support is Inside bar low 1825 on weekly chart.
  • NMDC Ltd. - WEEKLY
  • Trading in a rising channel and likely to see breakdown below swing low of 69.5.
  • Technical parameters suggest weakness in the stock. BEARISH TREND IN WEEKLY & MONTHLY TIMEFRAME .
  • On the upside 80-82 zone likely to act as a crucial resistance zone for the stock as of now.
  • Bajaj Finserv Ltd. - DAILY
  • The Stock is consolidating in a symmetrical triangle pattern in the daily chart .
  • It is likely to see short term breakdown below swing low of 4375.
  • Technical parameters suggest weakness in the stock.
  • Indiabulls Housing Finance Ltd.
    Negativity intact and it is maintaining the same price extended underlying weakness on the first day of the week.
    No reversal signal found yet. The trend is still Bearish in 15min, 1 hour and daily timeframes.
  • Below 117, there might be more weakness on the cards. Can move down to 114 - 108 - 100 (immediate supports). On the higher side 131- 135 - 141 -145 are resistances.
  • As per current indication, for intraday:
    Sell below - 120.25
    Stop loss - 122
    Target open.
  • Cipla Ltd. - DAILY
  • The stock bounced from the support zone and inched higher.
  • RSI too took support from 55 level showing strength in the stock.
  • We may see further strength until 565-570 zone is protected on the downside and further momentum breakout to take place above swing high of 633.
  • Above 633, it may rise to the touch the high of 678.