MARUTI SUZUKI technical chart- stock is finding strong trend line resistance around 3515.

MARUTI SUZUKI

• Stock is currently moving up from strong trend line and 50 DMA, chart indicates as long as stock holds above bulls will favored.
• On upper side stock will find strong trend line resistance around 3515, once it closes and holds above 3515 then further strength can be seen. Close Watch.

CIPLA stock tips - Stock has formed triangle formation in daily chart, sharp movement expecting once stock comes out.

CIPLA LTD

• Stock has formed triangle formation in daily chart, this indicates sharp movement can be seen once stock comes out from its pattern.
• Cipla also moving up from 100 DMA, as long as stock holds above bulls will be favored.
• On upper side stock will find strong trend line resistance around 645, once cipla closes and holds above 645 then further strength can be seen.
• Stock major trend indicator "MACD" is moving in +ve zone this will favor bulls as long as stock moving in positive.

BHEL facing strong support at current levels, weakness can be seen once closes and holds below 250.

BHEL

• Stock finding strong golden ratio support around 250, chart indicates weakness can be seen once stock closes and holds below.
• Stock also finding 100 DMA support at current levels, as long as holds above bulls will be favored, once closes and holds below then further weakness can be seen. Close Watch.

BAJAJ AUTO trading ideas - stock showing weakness after breaking support, will now finding support around 2290.

BAJAJ AUTO

• Stock has shown sharp weakness after breaking in strong trend line and 100 DMA support zone.
• Bajaj Auto technical indicates that stock will now find strongfibonacci retracement support zone @ 2290, can see come bounce if takes this support. And further weakness expecting once it closes and holds below 2290. Close Watch.