NBCC
- Stock moving up from 50 DMA this will favor bulls as long as stock holds above its moving average.
- On upper side stock will find fibonacci retracement resistance around 848. Further strength expecting once stock closes and holds above 484.
NBCC is on the verge of bullish breakout above 848.
KESORAM INDUSTRIES finding strong resistance around 118, further strength expecting once it closes and holds above.
KESORAM INDUSTRIES
- Stock finding strong fibonacci retracement reistance around 118, will favor bulls once it closes and holds above.
- Stock will favor bulls once kesoram starts trading above 100 DMA.
- Even stock major trend indicator "MACD" is moving in +ve zone and level zero this indicates further price rise can be seen once it close and holds above its ressitance.
GHCL moving in range, sharp movement expecting once stock comes out.
GHCL
- Stock moving in range bound zone, chart indicates sharp movement expecting once it comes out from its range
- On upper side stock will find fibonacci retracement resistance zone @ 77.
- On down side stock will find strong support around 67.75 (its previous top).
POWER GRID testing strong strong resistance zone around 140.
POWER GRID
- Stock finding strong fibonacci retracement resistance zone @ 140.
- Power grid also finding strong 50 DMA resistance, will favor bulls once it closes and holds above.
- Even MACD is now moving in +ve zone, this indicates further strength expecting one stock closes above its resistance. Close Watch.
STATE BANK OF INDIA currently coming down from golden ratio resistance zone @ 309.
STATE BANK OF INDIA
- Stock currently coming down from golden ratio resistance @ 309. Once closes and holds above further strength is expecting
- On down side SBI will find 50 DMA support @ 295. Once it closes and holds below then bears may get active. Close Watch.
Subscribe to:
Posts (Atom)