BATA INDIA has formed triangle formation in daily chart.

BATA INDIA

• Stock has formed triangle formation in daily charts, this indicates sharp movement expecting when stock comes out from its pattern.
• Stock is moving up from 200 days moving average, chart indicates as long as stock holds above bulls will be favored.
• On down side stock will find trend line support around 1235, 1226 and 1205 and On upper side stock will find trend line resistance around 1345.

ALOK INDUSTRIES has formed triangle formation, sharp movement expecting in coming days.

ALOK INDUSTRIES

• Stock has formed triangle formation in daily chart, sharp movement expecting once stock comes out from its pattern.
• Even stock major trend indicator "MACD" is moving in negative zone and below level zero this indicates further price fall can be seen in coming days.
• On down side stock will find support around 9.70 (its recent bottom) and on upper side will find support around 12.60, 12.90, 13.40 and 14.10 (its recent tops).

CHAMBAL FERTILISERS facing strong trend line and 200 DMA support at current levels.

CHAMBAL FERTILISERS

• Stock facing strong trend line support at current levels @ 58.70. chart indicates as long as stock holds above bulls will be favored.
• Stock also facing 200 DMA, trading above 200 DMA indicates bulls.
• On upper side stock will find trend line resistance around 67.65 and 71.10 its recent tops.
• Even stock major indicator "MOMENTUM" indicates that we can see some action once it starts moving above level 100. Close Watch.

BRITANNIA INDUSTRIES moving up from strong trend line and 50 DMA, stock to favor bulls.

BRITANNIA INDUSTRIES

• Stock moving up from strong trend line support zone.
• Stock also moving from 50 DMA, this indicates bulls will be favored as long as stock trades above.
• Sudden increase in volumes indicates bulls are active in Britannia.
• Stock major indicator "Momentum" indicates that when it starts trading above 100 levels then we can see some further activity.
• On upper side stock will find strong trend line resistance around 1822 and 1855, further price rise can be seen once stock closes and holds above its major resistance.

INDIABULLS REAL ESTATE moving up from strong trend line support zone.

INDIABULLS REAL ESTATE

• Stock also moving up from strong trend line support zone @ 63, this indicates stock will be favored by bulls.
• On upper side stock will find trend line resistance around 80.
• Even stock major trend indicator "Stochastic Oscillator" is now moving in positive zone this indicates further price rise can be seen in coming days. Close Watch.

YES BANK stuck in a range bound zone, strength expecting once it closes and holds above 750.

YES BANK

• Stock moving up from 38.2% fibonacci retracement support zone, this indicates bulls will be favored.
• Current chart indicates that Yes Bank has stuck in a range and we can see come action once it starts trading above 750.
• Even stock major trend indicator is moving in positive zone and above levels zero , this indicates further price rise can be seen in coming days. Close Watch.

AJMERA REALTY moving up from strong trend line support @ 87, further price can be seen in coming days.

AJMERA REALTY

• Stock currently moving up from strong trend line support zone @ 87, this indicates as long as stock holds above 87 bulls will be favored.
• Stock also moving up from 200 DMA, this will be favored by bulls.
• If stock moves up from current levels then will find strong resistance around 105, 115, 125 and 135 (levels as per fibonacci retracement).
• Even stock major trend indicator in now moving in positive zone this indicates further price rise can be seen in coming days. Close Watch.

ANDHRA BANK has formed double bottom formation, looks bullish above 92.

ANDHRA BANK

• Stock has formed double bottom formation, chart indicates stock can see some bullish action once it closes and holds above 92 (its previous top).
• Stock also moving up from 200 days moving average, as long as holds above bulls will be favored.
• Even stock major trend indictor "MACD" is now moving in positive zone and level zero this indicates further price rise can be seen in coming days. Close Watch.

MOTHERSON SUMMIT has formed triangle formation, will favor bulls once it closes and holds above 455.

MOTHERSON SUMMIT

• Stock has formed triangle formation in daily chart, indicates once it closes and holds above 455 then further price rise can be seen.
• Stock is also moving up from 100 DMA, this indicates bulls will be favored.
• Even stock major trend indicator "MACD" is now moving in positive zone and above level zero this indicates further price rise can be seen in coming days. Close Watch.