BHARAT PETROLEUM is on the verge of bullish breakout @ 667.

BHARAT PETROLEUM

• Stock moving up from strong trend line support zone @ 625, bulls will be favored as long as stock holds above.
• On upper side BPCL will be facing strong 100 DMA and 23.6% fibonacci retracement resistance around 667, technical chart indicates further price rise can be seen once stock closes and holds above 667. Close Watch.

LIC HOUSING FINANCE facing strong golden ratio resistance around 434.

LIC HOUSING FINANCE

• Stock moving up from 100 DMA,  this indicates bulls will be favored as long as stock holds above.
• LIC also finding golden ratio resistance around 434, this indicates once stock closes and holds above 434 then further up rise can be seen.
• Even stock major indicator "Momentum" indicates that stock can see some action once stock starts trading above 100 level.

PETRONET LNG on the verge of bullish breakout @ 212.

PETRONET LNG

• Stock moving up from trend line and 100 DMA, this indicates bulls will be favored as long as petronet will holds above 180.
• On upper side stock will find trend line resistance @ 212, further strength can be seen once stock closes and holds above 212.
• Even stock major trend indicator "MACD" is now moving in positive zone, this indicates further price rise can be seen in coming days. Close Watch.

TATA MOTORS moving up from trend line support zone, further strength expecting above 501.

TATA MOTORS

• Stock moving up from strong trend line support @ 468, this will favor bulls.
• On upper side TATA MOTORS will find 100 DMA and 38.2% fibonacci retracement resistance around 501, chart indicates will favor bulls once stock closes and holds above 501.
• Even stock major trend indicator "stochastic oscillator" is moving in positive zone, this indicates further price rise can be seen in coming days. Close Watch.

TITAN COMPANY moving up from support, further strength expecting once it closes and holds above 384.

TITAN COMPANY

• Stock moving up from strong 200 DMA, this will favor short-long term bulls.
• Stock also moving up from strong trend line support zone, this too will favor bulls.
• On upper side TITAN will find strong trend line resistance around 384, 400 and 424. Once stock closes and holds above is resistance zone then we can see some price rise.
• Even stock major trend indicator "MACD" is now moving in positive zone, this indicates further price rise can be seen in coming days.

ULTRATECH CEMENTS made a bullish breakout by closing above its triangle formation.

ULTRATECH CEMENTS

• Stock moving up from 200 DMA, this will favor short-long term traders.
• Stock recently comes out from its triangle formation and made a bullish breakout, this will favor bulls.
• On upper side further price rise can be seen in Ultratech cements once it closes and holds above 2665 and above 2665 will find strong resistance around 2765. Close Watch.

DENA BANK moving up from strong trend line support zone @ 55.30, stock will favor bulls.

DENA BANK

• Stock moving up from strong trend line support zone @ 55.30, this indicates as long as stock holds above bulls will be favored.
• On upper side stock will find strong trend line resistance around 63.20 and 66.50, will favor bulls once stock closes and holds above.
• Stock will also find 100 DMA resistance , bulls will be favored once it closes and holds above.
• Even stock major trend indicator "MACD" is moving in positive zone this will favor bulls. Close Watch.

ZEE ENTERTAINMENT moving up from strong support, further strength expecting once close and holds above 389.

ZEE ENTERTAINMENT

• Stock moving up from strong trend line support zone, this will favor bulls as long as holds above.
• Stock also trading above 50 DMA, bulls will favored.
• On upper side Zee will find fibonacci retracement resistance zone around 389, once Zee closes and holds above 389 then we can see some further bulls move.
• Even stock major trend indicator "MACD" is moving in positive zone and above level zero this indicates further price can be see in coming days. Close Watch.