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HDFC share price chart and technical outlook - Stock holding above 100 DMA this will favor bulls - updated for 22nd December 2015, Tuesday.



Stock holding above 100 DMA this will favor bulls as long as it stays above.
On upper side stock is now finding strong trend line resistance around 1248, technical indicates further bulls action can be seen once HDFC Ltd closes and holds above its trend line resistance as shown in above technical image.


Intraday HDFC Ltd looks good if it holds above 1248.
Will find resistance around 1275, 1290.
S.L - 1235.

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On 22nd December 2015, at 10:12 am HDFC Ltd share price is at 1232 down by - 0.70 (-0.06%).

Hindalco Industries share price chart and stock tips - Stock has formed double bottom pattern in daily chart - updated for 22nd December 2015, Tuesday.


HINDALCO INDS

Stock has formed double bottom pattern in daily chart, technical indicates price rise can be seen once stock closes and holds above its recent top @ 83 as shown in above technical image.

Stock major trend indicator "macd" and "slow stochastic" are moving in positive zone this will favor bulls.

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Intraday HINDALCO looks good if it holds above 83.
Will find resistance around 85, 86.
S.L - 82.

On 22nd December 2015, at 10:00 am Hindalco share price is trading around 81.10 down by 0.15p (0.18%)

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