Glenmark Pharmaceuticals has recently witnessed a breakout with a noticeable rise in volume, after spending nearly 4 months in a consolidation range of 460-515 levels
If HDFC Bank stock slips below 1,370, we may see extended profit booking in this stock
The RSI indicator for HUL share (Hindustan Unilever share) has suggested a trend reversal to signal a buy
We can witness short-covering move along with addition of fresh position only if Nifty breaches 13.200
Traders shouldn't miss this buying opportunity in Sun Pharmaceutical share and should create fresh longs
Better-than-expected Q2 GDP data numbers might help index to move in the positive territory
The stock of Hero Moto Corp has indicated a reversal from the oversold zone to signal a buy
Stock price has broken out on the daily chart with higher volumes where it closed at nine-month high
A fresh buy crossover can be seen on MACD indicators for HCL Tech, and RSI has reversed from the oversold territory which hints at a strong pullback in the short term
Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963
The stock of Wipro is also trading well above its short-term and long-term moving averages
The stock of SBI Cards has taken support near 770 levels to make a double bottom formation pattern in the daily chart and has picked up momentum to improve the bias
The momentum indicator RSI has also breached the falling trend line and MACD provided a fresh buy crossover on the daily chart which hints of further positive momentum in Divis Labs
HDFC Life has been gradually inching higher, after spending nearly a month in consolidation range, while holding strongly above the support zone of the long term moving (200 EMA) on the daily chart
The RSI indicator of DCB Bank has shown a trend reversal and has indicated strength to maintain a positive bias
We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,300
Jubilant Food's stock has reclaimed its short-term 21-DMA which was placed at 2230 levels. The momentum indicators and oscillators have turned positive on the daily chart which hints at a strong pull
Avenue Supermarts (DMart) is witnessing a breakout from its bullish flag pattern. Further buying momentum would be witnessed if it moves above 2,300
The stock of Voltas has provided a fresh breakout from a pennant pattern on the daily chart and has also been trading in a rising channel
The stock of Reliance Industries (RIL) has recently corrected well and now has shown signs of bottoming out near 2,000 levels