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.