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LARSEN & TOUBRO made a bullish breakout, further price rise can be seen in coming days.


LARSEN & TOUBRO


  • Stock holding above 200 DMA, this indicates as long as stock holds above bulls will be favored.
  • Stock also moving up from strong trend line support zone.
  • Current chart indicates that L&T has made a bullish breakout as it closes above its previous resistance @ 1693, this indicates that previous resistance will now act as a major support for L&T.
  • So as long as holds above 1693 further price rise can be seen in coming days. Close Watch.

CEAT LTD finding strong trend line and 100 DMA support around 790.


CEAT LTD


  • Stock currently coming down from strong trend line resistance zone, chart indicates stock to favor bears.
  • On down side CEAT will find strong trend line and 100 DMA support around 790, this indicates once stock closes and holds below 790 then some price fall can be seen in coming days.
  • Even stock major trend indicator "MACD" is moving in -ve zone this indicates price fall can be seen once it closes and holds below its support. Close Watch.

GODREJ CONSUMER moving up from 23.6% fibonacci retracement @ 1055 this will favor bulls.


GODREJ CONSUMER PRODUCTS


  • Stock moving up from 23.6% fibonacci retracement support zone @ 1055, chart indicates as long as stock holds above bulls will be favored.
  • On upper side Godrej Consumer will find trend line resistance around 1135 (its previous top), this indicates once stock closes and holds above 1135 then further price rise can be seen in coming days. Close Watch.

SUN PHARMA has formed doji candle formation, will favor bulls once it closes and holds above 939.


SUN PHARMA


  • Stock is currently moving up from 100 DMA and strong trend line support zone, this indicates bulls will be favored as long as stock holds above.
  • On upper side Sun pharma will find trend line resistance around 939 (Its previous top). Once stock closes and holds above 939 then further price rise can be seen in coming days.
  • Stock has also formed doji candle formation, this indicates sharp movement can be seen ind coming days. Close Watch.

JUST DIAL moving up from 23.6% fibonacci retracement, will be finding resistance around 1586.


JUST DIAL


  • Stock moving up from 23.6% fibonacci retracement support zone @ 1479, chart indicates as long as stock holds above bulls will be favored.
  • On upper side Just dial will find strong trend line resistance aronud 1586 and 1620.
  • Once stock closes and holds above its resistance zone then further price rise can be seen. Close Watch.

MCX facing golden raatio resistance around 892. Will favor bulls once it closes and holds above.


MCX


  • Stock moving up from strong trend line support zone @ 841. Technical indicates that as long as stock holds above bulls will be favored.
  • Stock also holding above 100 DMA, this indicates bulls will be favored.
  • On upper side MCX will find golden ratio resistance around 892, chart indicates once stock closes and holds above 892 then further price rise can be seen in coming days. Close Watch.

FINPIPE facing golden ratio resistance around 313, Will favor bulls once it closes and holds above 313.


FINOLEX INDUSTRIES (FINPIPE)


  • Stock currently holding above 200 DMA, this indicates bulls will be favored.
  • On upper side Finpipe is now finding strong golden ratio resistance around 313, this indicates once stock closes and holds above 313 then further price rise can be seen in coming days. Close Watch.

KALPATARU POWER moving up from 23.6% fibonacci retracement and 20 DMA.


KALPATARU POWER


  • Stock moving up from 23.6% fibonacci retracement support zone, chart indicates as long as stock holds above bulls will be support, Support around 226.
  • On upper side Kalapatru Power will find resistance (its previous top) around 249, this indicates once stock closes and holds above 229 then further price rise can be seen.
  • Stock also trading above 20 DMA this will favor bulls for further price rise. Close Warch.

OMAXE facing strong 200 DMA and 50% fibonacci retracement resistance around 129.


OMAXE


  • Stock currently finding strong 200 DMA and 50% fibonacci retracement resistance around 129.
  • Technical Chart indicates once stock starts trading above 129 then further price rise can be seen in coming days. Close Watch.

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