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Showing posts from August, 2020

Naukri

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 A very good uptrend and SL can be placed at recent support of 3095.

Dabur

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 Dabur has uptrend and also a resistance becoming support. Based on uptrend SL is at 475 while for support level it comes to 462.

Escorts

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 Good support near 1073 is seen. But below 1073 can confirm a reversal pattern of head and shoulder which can lead to lower levels of  930.

Gujarat Gas

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There is resistance becoming support at 275. It has stayed above a good upward trend line Stoploss below trendine can be 297.  

HDFC

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 It has broken its up trend and support line has become resistance. Also there is clear gap to be filled at 1670 levels. This has turned bearish. Low from 14th August can be taken as stoploss.  

Bharti Airtel

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Considering recent support low of 523 defended well with good volume support it will make good stop loss.  

Metropolis

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 Good aggressive channel in Metropolis. It is also very volatile. 200 moving average seems good stop for this.

Reliance

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 Similar to Bajajfinance Reliance has also made 2 tops at 2200 and below 2000 will make double top. Stop of 1990 considered.

Larsen & Toubro

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Did not participate in pullback rally with Nifty might do some catchup. Recent consolidation used for stop Loss 

Bajaj Finance view

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 Testing 200 moving average Stop near recent low. Below this low it will confirm double top which is bearish signal..