The stock price of Bajaj Finance has broken out on the daily chart by surpassing the resistance level of 5800 with higher volumes
LTI has reversed its trend from the previous swing low and is currently placed well above all its major moving averages on the daily chart
The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength
The recent price chart displays a 'Bullish Flag' breakout in Happiest Minds' stock
The favorable indication from the pharma index is added positive for Biocon's stock
Asian Paints seems to have completed its corrective move and are poised for a resumption of the uptrend
Motherson Sumi has witnessed a breakdown from a distribution pattern on the daily chart
Price-wise, BPCL's stock seems to have a sturdy structure on the weekly time frame and, looking at the lower degree chart, the recent price correction appears to have completed
On the indicator front, the MACD is comfortably placed above its signal-line and the 14 period RSI is soaring northwards, affirming that Ambuja Cements' stock may surge in the coming future
L&T Tech's stock price has broken out from the long-term consolidation, which it held for the last two months
Most IT stocks are holding strong despite the recent volatility in the market and now look upbeat for a rebound
At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart
Hindustan Unilever has shown signs of picking up momentum, thus improving the bias, and has the potential for an upside from hereon
The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes
In the past couple of sessions, the stock of LIC Housing Finance has consolidated near the previous high, indicating strong hands accumulating the counter at higher levels
The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue
Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames
The stock of Adani Power has improved the bias with decent volume participation
The stock price of IOC has broken out on the daily chart (Adjusted for dividend) where it closed at highest level since March 2020 with higher volumes
LIC Housing Finance has witnessed a fresh breakout of late, after spending nearly a month in a consolidation range