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M&M equity tips, Stock to favor bulls above 1400.


  • M&M holding above 161.8% fibonacci retracement support zone, will favor bulls as long as holds above.
  • Equity also moving up from 50 DMA, as long as holds above bulls will be favored.
  • Stock major trend indicator stochastic oscillator have now turned +ve this indicates stock price can move up from current levels. Close Watch stock will favor bulls once stock closes and holds above 1400.
  • Equity tips.

ULTRATECH CEMENTS Indian share market tips, Stock on very of bullish breakout @ 2670.


  • ULTRATECH CEMETS facing strong fibonacci retracement (golden ratio) resistance around 2670, will favor bulls once closes and stays above 2670.
  • Chart also indicates stock is facing 100 days moving average support at current levels, will favor bulls as long as holds above.
  • Chart also indicates that stock is also stuck in a range bound zone, sharp move expecting once stock comes out from its range. Upper side will find resistance around 2670, support around 2522, Close watch.
  • Indian share market tips.

BIOCON stock trading tips, Stock bullish breakout @ 515.


  • BIOCON facing strong fibonacci retracement resistance @ 515, will favor bulls once closes and stays above 515.
  • Stock trading above and moving up from 200 DMA and strong trend line support zone, will favor short-long term bulls as long as holds above.
  • Biocon has also formed head and shoulder pattern in daily chart , this indicates once closes and stays above 515 then we can see some bullish action. Upper side trend line resistance around 523 and 553, even stock major trend indicator "MACD" is moing +ve, this will favor bulls.

ZEE ENTERTAINMENT trading tips, stock on verge of breakout @ 316.50.


  • ZEE Entertainment facing strong trend line resistance around 316.50. Will favor bull once stock closes and stays above 316.50.
  • Stock also trading above 20 days moving average , as long as holds above bulls will be favored.
  • If stock moves up from current levels and closes and stays above 316.50 then will find next strong fibonacci retracement resistance around 338. Close Watch.

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