Monday, December 30, 2019
Friday, December 27, 2019
BHARATFORG: The stock is taking support at a crucial horizontal support base that has acted as a resistance many times in the past. If yesterday's high at 493.95 breaks to the upside, we could witness some upward follow-through in the stock.
Disclaimer: Not a recommendation to buy/sell/hold. Shared for educational purposes only.
Thursday, December 26, 2019
Monday, December 23, 2019
Sunday, December 22, 2019
CHOLAFIN: The stock is taking support at the lower boundary of an uptrending channel which also coincides with a horizontal resistance turned support base. The stock is expected to head higher over the coming week.
Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.
Friday, December 20, 2019
ASHOKLEY: The stock is taking support at the lower boundary of an uptrending channel. Notably, the stock belongs to the AUTO space which is currently outperforming the Nifty 50 benchmark. Probabilities favor an upside in the stock over the coming few sessions.
Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.
Thursday, December 19, 2019
MARUTI: The stock belongs to the AUTO sector which is currently outperforming the broader Nifty 50 index. It has broken out of a flag pattern and is currently testing the upper boundary of the flag. The scrip is expected to show some upward momentum in the near future.
Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.
Wednesday, December 18, 2019
IDEA: The stock belongs to the Telecom sector which is currently exhibiting strength. The stock has taken support at a trendline. Upside follow-through seems to be the likely outcome over the next few sessions.
Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.
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