JSW STEEL
- Stock currently coming down from 50 DMA, as long as stock trades below bears will be favored.
- JSW will now find strong trend line support around 995, this indicates weakness can be seen once stock closes and holds below 995. Close Watch.
JSW steel currently coming down from resistance, will now find support around 995.
ADANI ENTERPRISES has formed double bottom formation.
ADANI ENTERPRISES
- Stock has formed double bottom formation in daily chart, chart indicates sharp movement expecting once stock comes out from its formation.
- On upper side stock will find strong trend line resistance around 524, further strength can be seen once stock closes and holds above.
FINANCIAL TECHNOLOGIES moving in range bound, sharp movement expecting once stock comes out from its pattern.
FINANCIAL TECHNOLOGIES
- Stock moving in rage bound zone, chart indicates as long as stock moving in between trend will be mix.
- Stock currently finding and moving down from strong trend line resistance zone.
- On upper side Financial Tech will find strong resistance around 223 and support around 200, breaking level will show some action.
- Stock major trend indicator "MACD" is now moving in -ve zone this indicates some weakness can be seen in coming days.
TECH MAHINDRA made a bullish breakout, bulls will be favored.
TECH MAHINDRA
- Stock moving up from strong 100 DMA and trend line support zone, this indicates bulls will be favored as long as stock holds above.
- Stock also closes above its major resistance @ 2741 (its previous top) this indicates bulls will be favored as long it holds above its previous top.
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