Support for the Nifty index has shifted to 13,950 levels
The momentum indicators and oscillators in GAIL (India) stock are in the buy mode on the weekly scales
The real action lies in the broader markets which may continue to provide better trading opportunities
The stock of Bharat Forge is currently indicating a momentum pick up to improve the bias with a trend reversal
The stock of Hindustan Petroleum Corporation (HPCL) has formed a strong base at around 205 levels and is making a higher top and higher bottom formation on the daily chart
The stock of Maruti Suzuki India might show further strength if it moves above 7,620
The momentum indicators and oscillators have turned negative for M&M Financial Services' shares, where MACD has provided fresh sell crossover on the daily chart
The stock of HDFC Bank is showing signs of reversal which hints of further positive momentum in the counter
The stock of Colgate Palmolive has surpassed the upper band of the Bollinger band which hints of a fresh up move in the counter
The RSI has recently indicated a trend reversal and is on the rise to show strength in BPCL
As far as support is concerned, 13,145 is a crucial level to watch out for
Stock price has broken out on the daily chart with higher volumes where it closed at nine-month high
The chart pattern and positioning of oscillators are pointing towards a sharp up move in Aurobindo Pharma in the near future
As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels
Previous top on the daily charts is placed at 11,794, which is likely to provide support to the index
The level of 11,000 will act as support for the Nifty as maximum put open interest (OI) is placed here
Banking stocks' gain on Friday may provide impetus for the extended rally going forward
The momentum indicators and oscillators are in the buy mode on the daily scale for Muthoot Finance
There is a lot of uncertainty and clear trend is not visible on the charts
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