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Indusind Bank stock market forecast and stock tips updated for 23rd October 2015, Friday.


INDUSIND BANK

Stock has formed head and shoulder pattern in daily chart, technical indicates further price rise can be seen once stock closes and holds above 973.50, so it is also trading above 20 DMA this indicates bulls will be favoured.

Intraday bulls action can be seen once it holds above 973.50, will find resistance around 978, 980.

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Canara Bank free technical analysis stock chart updated for 23rd October 2015, Friday.


CANARA BANK
Stock witnessing selling pressure from 100 DMA this indicates bears will be favored, technical also indicates that stock stuck in a range bound zone, once it closes and holds below 292 then further weakness can be seen in coming days.

Intraday Canara Bank looks weak below 292, will find support around 288.50, 286.

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Allcargo Global Logistics free share market tips and equity tips updated for 23rd October 2015, Friday.



ALLCARGO GLOBAL LOGISTICS

Stock finding strong trend line resistance around 335, technical indicates further price rise can be seen once it closes and holds above. Technical also indicates that stock is holding above 100 DMA this will favor bulls.

Intraday stock looks good above 335, intraday will find resistance around 338.50, 340.

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Jubilant Foodworks free intraday stock tips updated for 23rd October 2015, Friday.


JUBILANT FOODWORKS


Stock witnessing selling pressure from 50 DMA this indicates stock is on bears grip, on down side stock will find support around 1478 further price fall can be seen once it closes and holds below support zone.

Intraday stock looks weak below 1478, will find support around 1460,1450.

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