• ASHOK LEYLAND
  • The stock has made simple RSI DIVERGENCE on Hourly Chart.
  • You can look for a POSITIONAL BUY EVERY TIME PRICE MAKES A NEW LOW TILL 50.
  • Target is 58/60.
  • Below 50, the nearby support is 49.
  • INDRAPRASTHA GAS LTD.
  • IGL is trading in a descending triangle pattern. and is facing support from 430-435 zone. The price formed the DOJI candle at support today.
  • TE SCALPER has formed a divergence candle.
    TT2 is Bullish in DAILY.
  • If tomorrow, the price breaks 447.60, in the coming days we will see 480/500 levels.
  • TATA STEEL LTD.
  • TATASTEEL has formed a symmetrical triangle pattern in 15mins chart.
  • RSI is below 40 and is bearish .
    TT2 Tool is Bearish in 15mins and hourly.
  • If the price breakout of the pattern and breaks 320, the next support on the chart is 316. After breakout 322 would act an intraday resistance.
  • Larsen & Toubro
  • LT took resistance from the Supply Zone 986-992 and fell sharply for almost 40 points today. The price closed above the SUPPLY ZONE at 940-945.
  • The stock has formed a downward channel . The price needs to break the lower end of the channel for a breakdown.
  • RSI is at 40 and is bearish .
    TT2 trend is Bearish in 15 mins & hourly timeframe.
    Volume is high.
  • If the channel is broken, the nearby support is 915. After breakout 940 will act as a resistance.
  • HCL TECHNOLOGIES
  • HCLTECH formed a descending triangle today and gave the pattern breakout in the last 15 mins.
  • RSI is below 40 and is bearish .
    TT2 is bearish in 15mins and 240mins time frame.
    Volume is more than average.
  • If the price breaks 547 with volume , the next support is 533. So, we can see 1% bearish move intraday upto 533. The nearby resistance is 555 on 15mins chart.