Weekly Update

Company Name Industry Page No
United Spirits Breweries & Distilleries 1

Titan Company Diamond & Jewellery 2
Ashok Leyland Auto 3
Bajaj Auto Auto 4
Bosch Auto 5
Eicher Motors Auto 6
Escorts Auto 7
Hero MotoCorp Auto 8
Mahindra & Mahindra Auto 9
Maruti Suzuki India Auto 10
Motherson Sumi Auto 11
Tata Motors Auto 12
Tata Motors DVR Auto 13
TVS Motor Company Auto 14
Can Fin Homes Housing Finance 15
Indiabulls Housing Fin Housing Finance 16
LIC Housing Finance Housing Finance 17
Sun TV Network Media & Entertainment 18
TV18 Broadcast Media & Entertainment 19
PVR Media & Entertainment 20
Zee Entertainment Media & Entertainment 21
Ajanta Pharma Healthcare 22
Apollo Hospitals Healthcare 23
Aurobindo Pharma Healthcare 24
Biocon Healthcare 25
Cadila Healthcare Healthcare 26
Cipla Healthcare 27
Divis Laboratories Healthcare 28
Dr. Reddys Lab Healthcare 29
Glenmark Pharma Healthcare 30
Granules India Healthcare 31
Lupin Healthcare 32
Strides Shasun Healthcare 33
Sun Pharma Healthcare 34
Piramal Enterprises Healthcare 35
Gail Inds. Gas & Fuels 36
Mahanagar Gas Inds. Gas & Fuels 37
BPCL Oil & Refineries 38
HPCL Oil & Refineries 39
IOC Oil & Refineries 40
Oil India Oil & Refineries 41
ONGC Oil & Refineries 42
Reliance Industries Oil & Refineries 43
MRPL Oil & Refineries 44
Chennai Petroleum Oil & Refineries 45
Allahabad Bank Bank - Public 46
Andhra Bank Bank - Public 47
Bank Of Baroda Bank - Public 48
Bank Of India Bank - Public 49
Canara Bank Bank - Public 50
IDBI Bank Bank - Public 51
Indian Bank Bank - Public 52
OBC Bank - Public 53
Punjab National Bank Bank - Public 54
State Bank Of India Bank - Public 55
Syndicate Bank Bank - Public 56
Union Bank Of India Bank - Public 57
CG Power & Ind Solutions Capital Goods 58
Havells India Capital Goods 59
Siemens Capital Goods 60
BEML Capital Goods 61
Bharat Electronics Capital Goods 62
BHEL Capital Goods 63
Engineers India Capital Goods 64
Asian Paints Chemicals 65
Godrej Industries Chemicals 66
Pidilite Industries Chemicals 67
BERGER PAINTS (I) LTD Chemicals 68
Kaveri Seed Company Agri 69
Tata Chemicals Agri 70
Jain Irrigation Syst Agri 71
Tata Global Beverg Agri 72
Gujarat State Fertilizers & Chemicals
Limited Agri 73
Jet Airways Aviation 74
INTERGLOBE AVIATION LTD Aviation 75
Voltas Consumer Durables 76
Century Textiles Diversified 77
Grasim Industries Diversified 78
SRF Diversified 79
Britannia Industries FMCG 80
Colgate-Palmolive FMCG 81
Dabur India FMCG 82
Godrej Consm Prdcts FMCG 83
Hindustan Unilever FMCG 84
ITC FMCG 85
Jubilant FoodWorks FMCG 86
NESTLE INDIA LIMITED FMCG 87
MARICO FMCG 88
KAJARIA CERAMICS LTD Furnishing 89
HCL Technologies IT 90
Hexaware Tech IT 91
Infosys IT 92
KPIT Technologies IT 93
Mindtree IT 94
NIIT Technologies IT 95
Tata Consultancy IT 96
Tata Elxsi IT 97
Tech Mahindra IT 98
Wipro IT 99
Arvind Textile 100
Page Industries Textile 101
Raymond Ltd Textile 102
Just Dial Miscellaneous 103
Bata India Retailing 104
IDFC Finance 105
IFCI Finance 106
L&T Finance Holdings Finance 107
Mah & Mah Fin Finance 108
Power Fin Corp Finance 109
Reliance Capital Finance 110
Rural Elect Corp Finance 111
Shriram Transport Fin Finance 112
BAJAJ FINSERV LTD. Finance 113
MAX FINANCIAL SERV LTD Finance 114
SREI INFRASTRUCTURE FINAN Finance 115
UJJIVAN FIN. SERVC. LTD. Finance 116
Bajaj Finance Finance 117
Bharat Fin Inclusion Finance 118
HDFC Ltd Finance 119
CAPITAL FIRST LIMITED Finance 120
CHOLAMANDALAM IN & FIN CO Finance 121
EQUITAS HOLDINGS LIMITED Finance 122
MANAPPURAM FINANCE LTD Finance 123
MUTHOOT FINANCE LIMITED Finance 124
ICICI Pru Life Finance 125
Amara Raja Batteries Automobile & Ancillaries 126
Exide Industries Automobile & Ancillaries 127
Apollo Tyres Automobile & Ancillaries 128
Bharat Forge Automobile & Ancillaries 129
Castrol India Automobile & Ancillaries 130
Ceat Automobile & Ancillaries 131
Cummins India Automobile & Ancillaries 132
MRF Automobile & Ancillaries 133
BALKRISHNA IND. LTD Automobile & Ancillaries 134
Dalmia Bharat Ltd Cement 135
ACC Cement 136
Ambuja Cements Cement 137
The India Cements Cement 138
Ultratech Cement Cement 139
THE RAMCO CEMENTS LIMITED Cement 140
SHREE CEMENT LIMITED Cement 141
Coal India Mining & Metals 142
NMDC Mining & Metals 143
Hindalco Industries Mining & Metals 144
Hindustan Zinc Mining & Metals 145
Vedanta Mining & Metals 146
NATIONAL ALUMINIUM CO LTD Mining & Metals 147
Jindl Steel & Power Iron & Steel 148
JSW Steel Iron & Steel 149
SAIL Iron & Steel 150
Tata Steel Iron & Steel 151
Adani Ports Logistics 152
Container Corp Logistics 153
CESC Power 154
NTPC Power 155
Power Grid Corp Power 156
PTC India Power 157
Reliance Infrastructure Power 158
Tata Power Company Power 159
Torrent Power Power 160
IRB Infra Infrastructure 161
Larsen & Toubro Infrastructure 162
NCC Infrastructure 163
Multi commodity exchange Trading 164
Adani Enterprises Trading 165
Bharti Airtel Telecom 166
Tata Communications Telecom 167
DLF Realty 168
NBCC (India) Limited Realty 169
DCB Bank Bank - Private 170
HDFC Bank Bank - Private 171
IDFC Bank Bank - Private 172
IndusInd Bank Bank - Private 173
Kotak Mahindra Bank Bank - Private 174
The Karnataka Bank Bank - Private 175
Yes Bank Bank - Private 176
RBL BANK LIMITED Bank - Private 177
Axis Bank Bank - Private 178
ICICI Bank Bank - Private 179
The Federal Bank Bank - Private 180
Breweries & Distilleries
United Spirits Views Buy
Daily Breakdown from bearish Head & Shoulder pattern then pullback above pattern neckline
View resistance at 620 to trade above 625 should be considered bullish. Bullish bias to continue
above pivot high at 650 targeting 700+ levels. Bearish below 20 DEMA at 618 should target
560 or lower.
Weekly
View
Likely bear-flag pattern with resistance at 660 – 670 zones. Weakness below 50 WEMA at 618
should target 520 atleast. Bullish on a range breakout above 680 targeting 840.
Monthl
y View
Breakout from bullish reverse Head & Shoulder pattern then accumulation above neckline
support at 560 with a bullish wedge trend continuation pattern. Strength above 20 MEMA at
596 should target breakout from bull-flag at 660 targeting 900 or higher. Bullish on a breakout
above monthly high at 662. Strong support at 570.
1
Diamond & Jewellery
Titan Company Views Buy
Daily Bullish on strength above 20 DEMA at 900 should target 950 then 261.8% Fibonacci extension
View towards 1040. Support at 888; bearish below 878 targeting 200 DEMA at 843 then 820 zones.
Weekly
View
Resistance of previous pivot high at 945. Strength above 950 should target rising trend-line
resistance at 1050. Weakness below 20 WEMA at 891 will test support of 50 WEMA at 823.
Bullish above last week’s high at 900.
Monthly
View
Triangle pattern trading in monthly time frame. Likely continuation of current bullish trend
should target 1000 atleast then possibly 1250. Breakout above 970 should target 1200. Buy
on decline towards trendline support at 850 – 820 zones
2
Auto
Ashok Leyland Views Buy
Daily View Bearish Head & Shoulder pattern breakdown neckline resistance at 133 zones then only
bullish above previous pivot high at 137.1 should target 146 – 148 zones. Bearish below
20 DEMA at 127 targeting 115.
Weekly View
Rising channel trading with support at 110 – 105 zones and resistance at 150 - 155
zones. Bullish breakout above 20 WEMA at 131 should target upper resistance of the
channel at 150 zones. Bearish below 50 WEMA at 128.
Monthly View
Long-term rising demand line at 105 and previous pivot high support area at 112 – 113
zones. Strength above 112 – 113 should be bought targeting new high above 167.
Bearish below 100.
3
Auto
Bajaj Auto Views Sell
Daily View Likely formation of a bear flag continuation pattern within 2600 – 2800 zones. Sell on a
false breakout above 2770 resistance or on a breakdown below 2600. Bullish only above
2950.
Weekly
View
Breakdown from bearish Head & Shoulder pattern at 2700 should target 2400 – 2350
zones eventually. A bounce back and weekly close above 2720 should deny the bearish
pattern otherwise bearish below 2670.
Monthly
View
Breakdown resistance of rising demand line at 2850. Support of 50 MEMA at 2617.

Breakdown below 2600 should target falling demand line at 2200. Expected to trade within
2850 – 2600 zones. Sell on bounce back towards 20 MEMA at 2866.
4
Auto
Bosch Views Buy
Daily Breakout from Reverse bullish Head & Shoulder pattern at 20000 should reach its target at
View 23400 – 23500 zones. Buy on decline towards 21000 support.
Weekly
View
Reverse Head & Shoulder pattern breakout should target 24000 atleast. Buy on decline
towards 20 WEMA support at 20. Bearish only below 20000.
Monthly
View
Rangebound trading within 24000 – 16000 zones. Breakout above 24000 will target 34000.
5
Auto
Eicher Motors Views Sell
Daily View Rising wedge bearish pattern with resistance zone at 29500 – 30000 zones and breakdown
below 20 DEMA at 28326 targeting 26000. Bullish on a wedge failure above 30000 targeting
32000 or higher.
Weekly
View
Resistance of 20 & 50 WEMA at 28685 – 28658 zones. Bullish on a strength above 29500
should target previous pivot high at 32500 then likely higher levels.
Monthly
View
Range bound within 31500 – 26000 zones. Trading at the lower support of the zone.
Strength above 20 MEMA at 27555 should target upper resistance at 31500 then possibly
breakout towards 40000. Bearish below 26500.
6
Auto
Escorts Views Sell
Daily Resistance zone at 900 - 910. Bearish on a weakness below 890. Bullish on a breakout from
View bullish reverse Head & Shoulder pattern breakout above 935 – 940 zones targeting 1050
atleast.
Weekly
View
Falling channel trading within 920 – 790 zones. Current bearish trend to continue towards
lower support at 790. Bullish on a bounce-back from 790 or on strength above 890 – 900
zones.
Monthly
View
Bearish on a weakness below trend-line support at 840 targeting 20 MEMA at 742. Continued
bullish above 850.
7
Auto
Hero Moto Corp Views Sell
Daily Range breakdown below 3200 and then pullback to test the strength of the breakdown
View resistance should find supply targeting 3100 – 2850 zones. Bullish only on strength above 20
DEMA at 3271 – 3280 zones.
Weekly
View
Breakdown from trading channel has turned the trend towards ‘sell on rise’ towards
breakdown level at 3290-3300 zones targeting 3000. Bullish only above weekly high at 3347
targeting supply zone at 3450 then 3660.
Monthly
View
Likely bearish Wolfe Wave pattern with price target near 2500 – 2400 zones. Support of 50
MEMA at 3114. Breakdown below pivot low at 3035.
8
Auto
Mahindra & Mahindra Views Buy
Daily Trading channel at 945 – 900 zones. Buy on decline towards 950. Bearish below 20 DEMA at
View 956 then below range-break support at 945 – 940. Bullish target at 1020.
Weekly
View
Rising channel breakout above 945 – 948 zones should be bullish targeting 1020. Bearish
below 938. Supports at 880 – 820.
Monthly
View
Rising channel breakout above 800 should be bullish on throwback towards 800 targeting
1080 – 1300 zones.
9
Auto
Maruti Suzuki India Views Sell
Daily Likely breakdown below 100 DEMA from bearish Head & Shoulder pattern should test 200
View DEMA at 8804 or lower. Bullish only on strength above 20 DEMA at 9231 otherwise cautious.
Strong resistance at 9550.
Weekly
View
Bearish rising wedge with failed breakout at 9650 should target lower levels towards 8100 -
8000. Strong demand line at 7800.
Monthly
View
Likely symmetrical triangle pattern signifying uncertain rangebound trading. Bearish below
8980 targeting 20 MEMA at 8106. Bullish on strength above 9100 targeting 12000.
10
Auto
Motherson Sumi Views Sell
Daily View Bearish Head & Shoulder pattern with neckline breakdown below 290 should target 260
atleast. Bullish only on a show of strength above 200 DEMA at 318.
Weekly
View
Likely triangle pattern with breakout above 327 and breakdown below 298. Upside target at
390 and downside target at 240.
Monthly
View
Possible failed break from bearish Head & Shoulder pattern with a push above neckline
resistance at 301 and then close above 20 MEMA at 303. Strength above 300 and then with
a breakout above supply line at 330 – 335 should target 400 at least. Bearish below 285
targeting 250 - 230.
11
Auto
Tata Motors Views Sell
Daily Bullish only above 50 DEMA at 268 should target 280. Bearish below 20 DEMA at 260 should
View target 240. Sell on rally towards 280.
Weekly
View
Likely bounce back towards 50 WEMA at 286 should be shorted targeting 227 – 194 zones.
Bullish only above 290. Resistance at 334.
Monthly
View
Possible breakdown from bearish Head & Shoulder pattern with neckline resistance at 280
should target 200 or lower. Sell on rally towards 280. Bullish only on strength above 286.
12
Auto
Tata Motors DVR Views Sell
Daily Falling channel trading with weakness below 20 DEMA at 141 should be shorted targeting
View 120. Bullish above 142 should target 50 DEMA at 149.
Weekly
View
Falling range trading with bullish breakout above 150 should target 50 WEMA at 192.
Weakness below 150 should target 120.
Monthly
View
Sell on a pullback towards 150 should target 120. Bullish above 155 targeting 207 - 231 zones.
13
Auto
TVS Motor Company Views Buy
Daily Likely bearish flag pattern with breakdown below 20 DEMA at 547 targeting 520 then 480.
View Bullish above 100 DEMA at 578.
Weekly
View
Bearish Head & Shoulder pattern breakdown below 560 should be bearish targeting 440.
Bullish only after a pullback within the falling wedge pattern above 560 and then above 50
WEMA at 593 should target 688.
Monthly
View
Break below supply line at 524 should target 50 MEMA at 427. Bullish on a pullback above
monthly high at 581. Support of 20 MEMA at 565.
14
Housing Finance
CAN FIN HOMES LTD Views Sell
Daily View Weakness below 330 should target lower channel support at 300.
Weekly
View
Trading at the lower end of the falling channel. Fresh bearish only on a channel breakdown
below 300 otherwise likely target 358 then channel breakout target at 410 - 480.
Monthly
View
Weakness below monthly low at 307 should target 100 MEMA at 222. Strong resistance at
348 – 350 zones then bullish.
15
Housing Finance
Indiabulls Housing Fin Views Sell
Daily View Possible island reverse formation then trend continuation triangle with breakdown below
1260 – 1250 targeting 1180 atleast. Bullish only above 1330.
Weekly
View
False breakout above falling trend-line at 1320 should be negative. Support zone at 1250 –
1220 zones. Bullish only above 1320.
Monthly
View
Bull-flag breakout should be bullish only above 1350 should target 1700 eventually. Cautious
below 1320 targeting 20 MEMA at 1154.
16
Housing Finance
LIC Housing Finance Views Sell
Daily View Bearish below support of 100 DEMA at 524. Bullish only above 550 otherwise cautious.
Support at 510 then at 490.
Weekly
View
Resistance of 20 WEMA at 526 and 50 WEMA at 544 then breakout on strength above 560.
Bullish on a breakout above 560. Bearish on a false breakout and then weakness below 520
targeting 440.
Monthly
View
Resistance of 20 MEMA at 545 then breakout from falling channel above monthly high at
584 targeting 700. Weakness below 550 should target lower end of the channel at 460.
Likely rangebound trading to continue within 550 – 450 zones.
17
Media & Entertainment
Sun TV Network Views Neutral
Daily Bearish Head & Shoulder pattern breakdown below 755 should target 700 – 690 zones.
View Bullish only above 20 DEMA at 783.
Weekly
View
Likely bullish Wolfe wave formation targeting 1200. Bullish only on strength above 50 WEMA
at 835.
Monthly
View
Possible formation of bearish Head & Shoulder pattern with neckline breakdown below
monthly pivot low at 724 targeting 550. Bullish on strength above 850.
18
TV18 Broadcast Views Sell
Daily View Formation of bearish wedge pattern with breakdown below 47 should target 43 – 40 -35
zones. Bullish on strength above 200 DEMA at 53.
Weekly
View
Bearish Head & Shoulder pattern neckline at 48 – 49 zones. Bullish on a strength above 55;
should target 68+ levels. Bearish on continued weakness below 50 targeting 42 – 38 zones.
Monthly
View
False breakout from rising wedge should result in chart breakdown towards 22. Bearish on
break below monthly pivot low at 44 – 43 zones.
19
PVR Views Buy
Daily View Bullish on breakout above 1420 should target 1520 then target range breakout targeting
1700. Bearish below 50 DEMA at 1287.
Weekly
View
Falling Range-bound trading within 1500 – 1000 zones. Bullish on strength above weekly
high at 1418 should target 1600 – 1650 zones. Support at 1250
Monthly
View
Breakdown from bearish Head & Shoulder pattern at 1250 then push through the neckline
resistance and then above 20 MEMA at 1294 should be bullish and target 1500 – 1800
zones. Bullish on a continuous strength above 1260. Bearish below 1250.
20
Zee Entertainment Views Sell
Daily View Likely bear-flag pattern within 520 – 505 zones with breakdown below 504 should target
475. Bullish only above 20 DEMA at 512.
Weekly
View
Bear-flag breakdown at 520 should target 480. Bullish only on strength above 50 WEMA at
541.
Monthly
View
Breakdown from rising wedge below 500 should target 50 MEMA at 458 and then likely 400.
Bullish only on a pullback above monthly high above 541.
21
Healthcare
Ajanta Pharma Views Buy
Daily Failure of bearish Head & Should pattern above 1160 should trend higher. Bullish above 200
View DEMA at 1222. Bearish below 50 DEMA at 1126.
Weekly
View
Higher low - Higher high pattern confirmed above 1127; so trend has turned bullish. Buy on
strength above 20 WEMA at 1255 support targeting 1400 atleast.
Monthly
View
Breakdown from bearish Head & Shoulder pattern then bounce-back to close above pattern
neckline resistance at 1120; should be considered bullish as long as price stays above 1140.
Resistance of 20 MEMA at 1326. Breakout above 1380-1400 targeting 1700.
22
Healthcare
Apollo Hospitals Views Buy
Daily Likely short-term rising wedge pattern with breakdown below 1170 targeting demand line at
View 1140 – 1130 zones. Bullish on a close above 1200 should target 1300 – 1350 zones.
Weekly
View
Falling channel upper breakout resistance zone at 1210 – 1200 zones. Weekly close
above 1210 should target 1350. Buy on decline towards 1100.
Monthly
View
Range breakout above monthly high at 1235 should target 1600. Cautious on weakness
below 1250. Support zone at 1135 – 1123 zones.
23
Healthcare
Aurobindo Pharma Views Buy
Daily View Breakout above double top resistance at 635 – 636 should target falling supply line at 740.
Buy on throwback towards 640. Breakout above 750 will target 800.
Weekly
View
Possible bullish reverse Head & Shoulder pattern breakout above 50 WEMA at 641 should
target 740 – 760 zones. Cautious below 740 resistance.
Monthly
View
Seven months long range – bound accumulation within 650 – 550 zones should breakout on
the upside above 20 MEMA at 660. Strength above 660 should be regarded as range
breakout targeting 750 atleast. Strength above 750 should target 900. On the other hand;
continuation of range-bound trading should turn bearish below 590 targeting lower level of
the range at 550 – 540 zones. Range break down below 520 targeting 100 MEMA at 460.
24
Healthcare
Biocon Views Buy
Daily Bullish reverse Head & Shoulder pattern breakout at 610 targeting 670. Bullish on strength
View above 610. Bearish only below neckline support and then below 50 DEMA at 583.
Weekly
View
Falling wedge likely bullish on a strength above weekly high at 630. Targeting 740 atleast.
Monthly
View
Expanding pattern likely range at 550 – 750 zones. Buy on decline towards 550 – 510.
25
Healthcare
Cadila Healthcare Views Buy
Daily View Support zone at 382 – 375. Bullish on strength above 410. Bearish below 375 targeting 330.
Weekly
View
Range bound falling channel formation with breakout above 410 otherwise cautious.
Monthly
View
Range bound channel trading targeting 465 – 470 zones. Bullish on a breakout above 20
MEMA at 410. Bearish below 397.
26
Healthcare
Cipla Views Neutral
Daily Strength above 680 should confirm short-term range breakout with likely target at 720 – 725
View zones. Weakness below 20 DEMA at 644 should be traded bearishly targeting 560 on the
downside.
Weekly
View
Likely bullish Head & Shoulder pattern targeting 760 with neckline support at 650 – 640 zones.
Cautious below 630. Support of previous pivot high at 621.
Monthly
View
Range bound trading within 700 – 500 zones. Likely bullish target at 700.
27
Healthcare
Divis Laboratories Views Buy
Daily View Breakout above rising supply line at 1300 should be bullish targeting 1375 atleast. Cautious
below 1280.
Weekly
View
Breakout from rising channel pattern should target 1500 . Buy on decline towards wedge
breakout level at 1200. Bearish only on a weakness below 1150.
Monthly
View
Rising channel trading; should continue the current bullishness above upper resistance line
of the channel at 1300; which is a strong supply zone. Weakness below 1300 should be
shorted targeting lower support line of the channel at 1050. Breakout above 1300 should
target 1500.
28
Healthcare
Dr. Reddys Lab Views Buy
Daily Possible completion of corrective fourth wave at 2020 and ongoing process of bullish fifth
View should take price above previous pivot high at 2430; which confirmed higher low – higher high
bullish trend then likely target 161.8% extension at 2680 then at 2900.
Weekly
View
Rising wedge breakout above 2550 should target 2900 atleast. Cautious below 2540 with
throwback target at 2300.
Monthly
View
Likely falling wedge pattern with breakout above 2410 – 2420 zones should target 2800 -
3000.
29
Healthcare
Glenmark Pharma Views Buy
Daily View Strong demand line support at 620 - 625 zones. Buy on throwback towards 625 should
target 700.
Weekly
View
Likely reverse bullish Head & Shoulder pattern with breakout above 614 should target 750.
Bearish below 20 WEMA at 577.
Monthly
View
Falling channel breakout then inside bar in monthly chart finding resistance of 100 MEMA at
596. Strength above 596 should target 850.
30
Healthcare
Granules India Views Neutral
Daily Strong resistance zones at 118 – 120 zones. Likely throwback towards 106. Breakout above
View 120 should target 150.
Weekly
View
Likely completion of 1-2-3 pullback should be confirmed on weakness below 20 WEMA at

103. Breakout above 125 should target 240 – 250 zones.
Monthly
View
Breakdown from bearish Head & Shoulder pattern at 115; bearish on a pullback towards 118
- 115 zones targeting pattern target at 57. Bullish on strength above 122-125 targeting 170.
31
Healthcare
Lupin Views Buy
Daily Bullish reverse Head & Shoulder pattern breakout above neckline resistance at 940
View targeting 1100. Cautious below 200 DEMA at 880.
Weekly
View
Bullish reverse Head & Shoulder pattern with neckline resistance at 940 – 950 zones should
target 1100. Continued bearish below 20 WEMA at 906.
Monthl
y View
Falling wedge breakout at 840 should reach its target at 1060 atleast. Resistance of 20 MEMA
at 1005. Buy on decline towards 780.
32
Healthcare
Strides Shasun Views Neutral
Daily View Possible bullish double bottom formation with support at 333 should target 540 - 555.
Support at 490 then 470 zones. Bearish below 100 DEMA at 471.
Weekly
View
Strong falling supply line at 500 – 510 zones. Bearish below 20 WEMA at 471. Fresh bullish
above 50 WEMA at 600.
Monthly
View
Double inside bars in monthly charts indicating bearish trend continuation with breakdown
below 330. Bearish on a support break below 490.
33
Healthcare
Sun Pharma Views Buy
Daily Trading below resistance at 670 – 680 zones. Cautious bias advised. Bullish above 700.
View
Weekly
View
Bullish reverse Head & Shoulder pattern breakout at 600 should target 800. Buy on decline
towards 600. Bearish below 560.
Monthly
View
Breakout above 50 MEMA in monthly chart should find resistance at 700. Strength above 700
will target 750 atleast. Weakness below 680 should be buy on decline towards 620.
34
Healthcare
Piramal Enterprises LTD Views Buy
Daily View Bullish reverse Head & Shoulder pattern breakout above 2900 should reach target at 3580.
Bullish on decline towards 3000.
Weekly
View
Range break should target 261.8% throwback extension at 3580. By on decline.
Monthly
View
Breakout from bull-flag pattern at 2770 should target 4000 eventually. Bullish above 2800.
35
Inds. Gas & Fuels
Gail Views Neutral
Daily Range-bound within 400 – 375 zones. Bullish on a breakout above 410.
View
Weekly
View
Breakout from bullish reverse Head & Shoulder pattern at 365 should target 450. Resistance of
previous pivot high at 392. Bearish below 360.
Monthly
View
Likely rising wedge pattern with upper trend-line resistance at 400 - 410. Breakout above 410
should see sharp move upside and target 520+ levels; otherwise range bound target 310.
36
Inds. Gas & Fuels
Mahanagar Gas Views Sell
Daily View Breakdown below 830 should target 720. Strong gap resistance at 870 – 890.
Weekly
View
Resistance of 50 WEMA at 922. Buy on strength above 930 targeting a breakout above 1000.
Bearish below 20 WEMA at 887.
Monthly
View
Monthly bear flag should target 700. Bullish only above 1020 otherwise bearish.
37
Oil & Refineries
BPCL Views Sell
Daily Breakdown from bearish triangle pattern should target 330 or lower. Bullish only on a false
View breakdown confirmation above 370.
Weekly
View
Symmetrical triangle trading within 410 – 335 zones. Sell on rally towards 400. Bullish breakout
above 50 WEMA at 425 targeting 500.
Monthl
y View
Strong supply line at 400 – 401 zones. Bullish only above 20 MEMA at 415 otherwise likely
targets 50 MEMA at 363 then likely previous pivot high support at 329.
38
Oil & Refineries
HPCL Views Sell
Daily Breakdown from bearish Head & Shoulder pattern at 266 should reach 250 atleast. Pattern
View target at 240. Bullish only above 20 DEMA at 272.
Weekly
View
Bearish Head & Shoulder breakdown at 270 should be short on rise targeting 220.
Monthly
View
Falling supply line resistance at 297 – 300 zones. Resistance of 50 MEMA at 268. Weakness
below 269 should be shorted targeting 235 then demand line at 222.
39
Oil & Refineries
IOC Views Sell
Daily Bullish above 20 DEMA at 160 otherwise cautious. Bearish Head & Shoulder pattern
View breakdown at 158 should target 148.
Weekly
View
Falling supply line at 175 and resistance of 50 WEMA at 174. Bullish only above 178 targeting
190 then channel breakout targeting 230 – 250 zones. Bearish below 164 targeting 150 then
140.
Monthl
y View
50 MEMA support at 148 and 20 MEMA resistance at 171. Uncertain range bound trading with
these two levels. Weakness below 163 should be shorted targeting symmetrical triangle
breakdown target at 130. Bullish above 175.
40
Oil & Refineries
Oil India Views Sell
Daily Rising wedge pattern breakdown at 208 – 209 zones should target 200 – 187 levels. Bullish
View only on strength above 100 DEMA at 213.
Weekly
View
Support of 100 WEMA at 204 then breakdown targeting 190 or lower.
Monthly
View
Bearish chart. Continued downtrend below 200 targeting 188 then 170 zones. Resistances at
217 – 221 then bullish.
41
Oil & Refineries
ONGC Views Buy
Daily View Bullish reverse Head & Shoulder neckline pattern breakout above 171 – 172 zones should
target 199. Weakness below 170 then below 50 DEMA at 167 should be shorted.
Weekly
View
Support of 50 & 20 WEMA at 174 – 171 zones. Bullish on a breakout above 188 targeting
215 atleast.
Monthly
View
Likely completion of corrective fourth Elliot wave and initiation of bullish fifth targeting 228
– 230 zones. Bullish above 182.
42
Oil & Refineries
Reliance Industries Views Buy
Daily View Bullish on strength above 1250 – 1270 zones targeting 1400. Bearish below 20 DEMA at
1230.
Weekly
View
Rising trading channel breakout at 1100 should target 1350. Bullish on decline towards
support at 1150.
Monthly
View
Likely target 1390 – 1400 zones. Bullish on decline; support at 1100 -1080 zones.
43
Oil & Refineries
MRPL Views Neutral
Daily Gap resistance and 50 DEMA; both at 86 – 87 zones. Bullish above 88 otherwise cautious
View targeting 65 atleast.
Weekly
View
Bear flag pattern should breakdown targeting 50. Bullish only above 92 – 93.
Monthl
y View
Reverse bullish Head & Shoulder pattern neckline support was broken at 75. Likely follow
through move on the down side targeting 50.
44
Oil & Refineries
Chennai Petroleum Views Sell
Daily View Expanding pattern within range at 315 – 298 zones; should continue range-bound.
Weekly
View
Likely bearish triangle pattern with breakdown below 266 targeting 200 atleast. Bullish only
on a breakout above 50 WEMA at 335 – 340 zones.
Monthly
View
Reverse bullish Head & Shoulder pattern neckline resistance at 345 should target 450.
Bullish above 20 MEMA at 333 and then above 345. Bearish below 280.
45
Bank - Public
Allahabad Bank Views Sell
Daily Bear-flag pattern suggesting bearish trend to continue soon. Breakdown below 40 should
View target 37 atleast.
Weekly
View
Range-bound trading within 38 – 47 zones. Bullish on a break above 48 or on a show of

strength at 38. Bearish below 38.
Monthly
View
Bearish complex Head & Shoulder pattern and triple inside bars in monthly chart suggesting
likely breakdown below pattern neckline at 40 targeting 30 or below. Bounce back from 40
should find resistance at 56-57 zones.
46
Bank - Public
Andhra Bank Views Sell
Daily Short term pennant trend continuation pattern should target 30.
View
Weekly
View
Falling channel pattern with breakout above 20 WEMA at 36 should target 48 zone; otherwise
cautious.
Monthly
View
Breakdown from falling channel at 37 should see lower levels. Bullish only on a move within
the said channel and then above 39.
47
Bank - Public
Bank Of Baroda Views Buy
Daily Symmetrical triangle pattern should breakout on the upside above 153 – 154 zones targeting
View 170.
Weekly
View
False breakdown from falling wedge should continue its upwards trajectory towards supply
level at 200. Bullish above 50 WEMA at 145.
Monthly
View
Likely false breakdown below rising support line at 140 should breakout above 50 MEMA at
154 targeting 200 then possibly 240. Bearish below 136.
48
Bank - Public
Bank Of India Views Neutral
Daily Bullish on a strength above 100 DEMA at 100; otherwise cautious.
View
Weekly
View
Bullish reverse Head & Shoulder pattern with neckline resistance at 102 – 104 zones should
target 140. Cautious below 100. Breakout above 20 WEMA at 100.
Monthly
View
Bearish complex Head & Shoulder pattern; ongoing process of the last right shoulder of the
said patter. Pullback up to 20 MEMA at 123 should be possible then likely breakdown below 75
towards 45 zones.
49
Bank - Public
Canara Bank Views Buy
Daily Bullish above 200 DEMA at 286 targeting 325 atleast. Bearish only below 268.
View
Weekly
View
Breakout from falling channel at 280 should continue upward. Bullish on throwback towards
280 targeting range break target at 360.
Monthly
View
Bullish above 50 MEMA at 310 targeting 375. Bearish below 275.
50
Bank - Public
IDBI Bank Views Neutral
Daily Breakout above 200 EMA then above pivot high at 64.5 should trend up. Bearish on weakness
View below 60.
Weekly
View
Strong support at 51 – 52 zones. Bullish on a throwback towards 52 targeting 90 atleast.
Monthly
View
Bullish double bottom pattern with double low at 47 should breakout above 92 targeting 175.
51
Bank - Public
Indian Bank Views Sell
Daily Bullish only above 375 otherwise cautious; possible rising wedge scenario. Bearish below 360.
View
Weekly
View
Clear rising wedge pattern should be bearish targeting 240. Bullish only on a strength above
380 – 400 zones.
Monthly
View
Resistance at 375. Breakout above 380 should target 425 atleast otherwise bearish.
52
Bank - Public
Oriental Bank Views Buy
Daily Bullish reverse Head & Shoulder pattern neckline resistance at 82 should be bought above
View 100 DEMA at 83 targeting 105.
Weekly
View
Bullish reverse Head & Shoulder pattern breakout at 84 should target 98 – 99 atleast. Bullish
on a breakout above 84; otherwise cautious.
Monthly
View
Support at 75. Likely bounce-back up to 38.2% Fibonacci retracement at 113- 114 zones.
Bullish on a throwback towards 75. Bearish below 74.
53
Bank - Public
Punjab National Bank Views Neutral
Daily Bearish Head & Shoulder pattern breakdown below 80 targeting 70.
View
Weekly
View
Breakout from falling wedge at 85 should continue towards pattern target at 115.Continued
bullish above weekly high at 92.
Monthly
View
Bearish Head & Shoulder pattern with breakdown below 71 should target 40 or lower.
Bouncing back from pattern neckline to complete last right shoulder; bullish move up to 110 –
120 should be possible.
54
Bank - Public
State Bank Of India Views Buy
Daily Rising wedge pattern breakout above 312 and breakdown below 304. Support at 292.
View Resistance at 325.
Weekly
View
Rising range resistance at 315 – 320 zones. Bullish on breakout from reverse bullish Head &
Shoulder pattern at 325 targeting 360. Bearish below 278.
Monthly
View
Continued bullish at current level targeting supply line at 36. Bearish only below 20 MEMA at
279.
55
Bank - Public
Syndicate Bank Views Sell
Daily Bearish on weakness below 40. Bullish above 43.
View
Weekly
View
Falling channel trading within 47- 34 zones. Likely supply at 47 should be bearish. Bullish
above 20 WEMA at 49.
Monthly
View
Bouncing back from strong support zone at 38. Bullish on a supply line breakout above 47
should target 65. Cautious below 44.
56
Bank - Public
Union Bank Of India Views Buy
Daily Likely Wolfe Wave pattern target 110 – 115 zones. Bullish breakout above 100 DEMA at 91 –
View 92 zones.
Weekly
View
Likely bullish Wolfe Wave pattern breakout above 20 WEMA at 90 targeting 105 -107 zones.
Monthl
y View
Support at 81 and resistance at 99. Likely trading range at 81 – 99. Breakout above 100 should
find supply again at 113 – 115 zones.
57
Capital Goods
CG Power & Ind Solutions Views Buy
Daily View Breakout from falling channel should target 100 DEMA at 65 – 66 zones. Cautious below 56.
Weekly
View
Bullish reverse Head & Shoulder pattern breakout above 62 should target 80 – 82 zones.
Bearish below 60.
Monthly
View
Likely failed breakdown below 62 -56 zones should target 100 – 110 levels. Bullish on a
strength above 65 – 66 zones. Bearish below 58 should target 200 MEMA at 43 – 42 zones.
58
Capital Goods
Havells India Views Buy
Daily Rising channel breakout above 670. Continued bullish above 20 DEMA at 672 targeting 800 -
View 820.
Weekly
View
Weekly rising channel breakout above 650 targeting 263.8% extension at 810. Bullish on a
throwback towards 650.
Monthly
View
Rising channel breakout at 660 should target 900. Buy on decline towards 660. Weakness
below 650 should attract supply targeting 550.
59
Capital Goods
Siemens Views Buy
Daily Falling channel breakout above 1010 should target 1100 – 1120 zones. Bearish below 50
View DEMA at 1010 targeting 900.
Weekly
View
Falling channel breakout only above 1050 should trend towards pattern target at 1130 – 1140
zones. Sell on weakness below 20 WEMA at 1033.
Monthly
View
Strong support of 100 MEMA at 960. Pullback should continue towards 50 MEMA at 1107
atleast. Buy on throwback towards 960.
60
CAPITAL GOODS
BEML Views BUY
Daily Higher swing low indicates a possibility of trend change. Decisive move above
View 911(100DMA) can take the price up and chase towards earlier breakdown level of 995.
Support stands at 777 levels and resistance at 911.
Weekly
View
Crucial resistance is at 898(20DMA). Above 898 can witness further pullback rally.
Support at 777 levels.
Monthly
View
Crucial support of 200DMA is placed at 730 levels and resistance is placed at 1113.
61
CAPITAL GOODS
BEL Views BUY
Daily After breakout from downward sloping trend line, it is trading within a range of 125 &
View 110. Sustenance trade above 125 can be considered as range breakout. Immediate
resistance is placed at 120 (10DMA) levels.
Weekly
View
After a pullback it is facing resistance at 126(200DMA) levels. Support is placed at 96

levels.
Monthly
View
Sustenance trade above “Hammer” candlestick pattern can take the price up and likely to
test 150(20DMA) levels.
62
CAPITAL GOODS
BHEL Views SELL
Daily Breakout from its falling trend line indicates positive momentum but it may face
View resistance at 200DMA (85) levels. Support is placed at 77(100DMA) levels.
Weekly
View
Pullback rally can be witnessed but overall trend is weak. Resistance at 90(100DMA) and
support at 64(swing low) levels.
Monthly
View
Bias is negative below the channel and facing resistance at 91(20DMA) levels and support
is placed at 59(swing low) levels.
63
CAPITAL GOODS
Enginers India Views SELL
Daily The stock is in a verge to form head & shoulder pattern. Break below 118 should be
View considered head & shoulder neckline break down and it can drag the price downward.
Initial target should be 98. Resistance is placed at 135(100DMA) levels.
Weekly
View
Above 138(recent swing high) level can witness momentum till 155 level. Support stands
at 117(swing low) levels.
Monthly
View
Trading range bound within a channel. Support is placed at 124(100DMA) &

86(200DMA) and resistance stands at 157(20DMA) levels.
64
CHEMICALS
Asian Paints Views BUY
Daily It is trading with a corrective mood following its downward sloping trend line but
View undertone of the trend is bullish. Previous breakout level of 1332 likely to act as support
zone. Immediate resistance at 1403(20DMA) levels.
Weekly
View
Breakout above its horizontal resistance line indicates positive momentum. Support at
1262 and resistance stands at 1491.
Monthly
View
Breakout above its multiple resistance level indicates bullish bias. Support 1167(20DMA)
& resistance at 1491.
65
CHEMICALS
Godrej Industries Views BUY
Daily Higher troughs and peaks with a move above downward slanting trend line indicates
View bullish momentum. Resistance at 658 and support at 587(200DMA) levels.
Weekly
View
Breakout above the channel indicates bullish momentum. Support at 604(20DMA) levels
and resistance at 699 levels.
Monthly
View
Flag pattern breakout indicates continuation of bullish momentum. Support stands at

583(20DMA) and 449(50DMA) levels and resistance at 699 levels.
66
CHEMICALS
PIDILITIND Views BUY
Daily Breakout from Cup and Handle pattern in daily scale indicates bullish momentum likely
View to continue. Support at 1131(20DMA) and resistance at 1195 levels.
Weekly
View
Crossover in MACD indicator indicates fresh up move and can test swing high of 1195.
Support at 1093(20DMA) and resistance at 1195 levels.
Monthly
View
Trading in strong bull trend and continuously making higher troughs & peaks. Support
stands at 880(20DMA) & 696(50DMA) levels and resistance at 1195 levels.
67
CHEMICALS
Berger Paint Views BUY
Daily Descending triangle breakout indicates bullish bias. Buy on dips should be approached
View till it holds 310(50DMA) levels. Support at 305 and resistance at 373 levels.
Weekly
View
Breakout above then trend line resistance indicates positive momentum. Support at
298(20DMA) and resistance at 373 levels.
Monthly
View
Breakout from horizontal trend line indicates that trend is in firm grip of bulls. Strong
bull trend likely to continue till it holds 209 (50DMA) level. Support at 262(20DMA) and
resistance at 436 levels.
68
AGRI
KAVERI SEEDS Views BUY
Daily Higher troughs and peaks indicates, bullish momentum likely to continue till it holds
View 589(50DMA) levels. Support at 621(20DMA) and resistance at 682.
Weekly
View
Cup & Handle pattern breakout indicates bullish momentum. Decisive move above 622
will resume bull trend. Support stands at 560(200DMA) and resistance at 708 levels.
Monthly
View
breakout from triangle pattern indicates fresh rally in favour of bulls. Support at
560(20DMA) levels and resistance at 708 levels.
69
AGRI
TATA CHEMICALS Views BUY
Daily After a decent rally, it is likely to face supply around its previous swing high level of 787.
View Support is placed at 717(200DMA) levels. Traders should wait for clarity for fresh entry.
Weekly
View
Likely to face supply at 787 levels. Support stands at 720(20DMA) levels and resistance
at 787 & 840 levels.
Monthly
View
Trend is positive as it is making higher troughs and peaks. Support is placed at

669(50DMA) levels and resistance is placed at 787 levels.
70
AGRI
JAIN IRRIGATION Views NEUTRAL
Daily After a sharp correction it is consolidating within a wide range of 90 & 71 level. Traders
View should wait for breakout or breakdown for fresh move. Resistance is placed at
94(100DMA) level and support stands at 81(20DMA) levels.
Weekly
View
Sustenance trade above 88 level can take the price till 94 & 101 levels.
Monthly
View
Trading range bound in between 104 & 71 levels.
71
AGRI
TATA GLOBAL Views Neutral
Daily Likely to trade sideways until it moves above 256 levels. Support stands at 220 and
View resistance at 256 & 265 levels.
Weekly
View
Facing resistance at its falling trend line of 265 levels. Support stands at 202 and
resistance at 265 & 300 levels.
Monthly
View
Trading with corrective mood but overall trend is bullish. Support stands at 220(20DMA)
levels and resistance at 300 & 329 levels.
72
AGRI
GSFC Views BUY
Daily Positive divergence in RSI indicates pullback expected. Sustenance above 127(200DMA)
View likely to witness trending move. Support at 115 and resistance at 127 levels.
Weekly
View
Crossover above the falling trend line indicates a positive momentum. Facing resistance
at 122(100DMA) and 128(50DMA) levels and support at 100(200DMA) levels.
Monthly
View
Making higher troughs and peaks in bull trend. Support stands at 100(50DMA) levels and
resistance at 129(20DMA) levels.
73
AVIATION
JET AIRWAYS Views SELL
Daily The stock is in strong bear trend as it is making lower troughs and peaks. Sell on rise
View strategy should be approached until it moves above 327(previous breakdown) levels.
Support at 250 and resistance at 317(50DMA).
Weekly
View
Trading with a negative bias but pullback rally can be seen as it is trading in oversold
zone. Resistance at 386(20DMA) and support at 250.
Monthly
View
Trading below its previous swing low and breakdown from upward slanting trend line,
indicates weakness. Support at 250 and resistance at 450 levels.
74
AVIATION
INDIGO Views SELL
Daily It is trading in down trend below its all important moving averages. Sell on rise should be
View approached until it crosses swing high of 1106 levels. Support stands at 890 levels and
resistance at 1106.
Weekly
View
Facing resistance at 1108(100DMA). Support at 890 and resistance at 1108.
Monthly
View
Trading around support of 890. Resistance is placed at 1139(20DMA) levels.
75
CONSUMER DURABLES
VOLTAS Views BUY
Daily Consolidating within a range with a bullish bias. Buy on dips should be followed till it
View holds 597(200DMA) levels. Immediate resistance stands at 665 levels.
Weekly
View
Bounce back from 100DMA (499) support level indicates positive bias. Bullish
momentum should continue till it holds 572(20DMA) levels. Support stands at 495
levels.
Monthly
View
Bull trend likely to continue till it holds 529(20DMA) levels. Resistance stands at 675
levels.
76
DIVERSIFIED
CENTURY TEXTILE Views BUY
Daily Inverse Head & Shoulder indicates a change in trend and bullish bias likely to continue.
View Sustenance trade above 982 can take the price higher till 1139 level. Support stands at
923(20DMA) levels.
Weekly
View
Sustenance trade above 977 (20DMA) levels can take the price up till 1089(100DMA).
Support stands at 847(200DMA).
Monthly
View
Trading around support of 833(50DMA) levels with a pullback mode and resistance is
placed at 1132(20DMA) levels.
77
DIVERSIFIED
GRASIM Views BUY
Daily It is facing supply around 200DMA(1088) levels. Sustenance trade above 1088 can take
View the price further up till 1132 levels. Support stands at 1032(100DMA) and resistance at
1132 levels.
Weekly
View
Bull trend likely to resume until violates 957(recent swing low) levels. Support stands at
993(100DMA) levels and resistance at 1115 levels.
Monthly
View
Formation of hammer candlestick pattern indicates positive momentum. Support stands

at 914(swing low) levels and resistance at 1300 levels.
78
DIVERSIFIED
SRF Views NEUTRAL
Daily Flag pattern breakout indicates positive momentum. Support stands at 1914(100DMA)
View levels and resistance stands at 2200 levels.
Weekly
View
Overall trend is bullish and strong support stands at 1742 (100DMA) and resistance at
2446(swing high) levels..
Monthly
View
Trading in bull trend and swing trading setup is being witnessed. Support stands at
1423(50DMA) and resistance at 2446.
79
FMCG
BRITANNIA Views BUY
Daily Buy on dips should be approached around 6600(previous breakout level) levels. Support
View stands at 6417(50DMA) and resistance at 7228 levels.
Weekly
View
Trading in strong bull trend and likely to continue till it holds 5275(50DMA) levels.
Monthly
View
Trading in strong bull trend without violating previous swing lows, but should be
cautious at higher levels. Support stands at 4641(20DMA) and resistance stands at 7228.
80
FMCG
COLPAL Views BUY
Daily Bullish bias likely to maintain till it holds 1117(200DMA) levels. MACD and RSI confirms
View the trend in favour of bulls. Resistance is placed at 1200 levels.
Weekly
View
Swing trading setup is being witnessed and likely to move higher till 1281. Support
stands at 1110(50DMA) levels.
Monthly
View
Strong bull trend likely to continue till it holds 1075(20DMA) levels. Resistance stands at
1282 levels.
81
FMCG
DABUR Views BUY
Daily Trading in strong bull trend but long traders should be cautious as it is trading in over
View bought zone. Support is placed at 457(20DMA) & resistance at 516 levels.
Weekly
View
Shooting star candlestick pattern indicates cautious. Support stands at 396 and resistance
at 491 levels.
Monthly
View
Strong bull trend likely to continue till it holds 334(20DMA) levels. Support stand at 428
and resistance at 491 levels.
82
FMCG
GODREJCP Views BUY
Daily After a decent rally from bullish flag it has entered in overbought zone. Traders should
View be cautious in the current trajectory. Support stands at 1361(20DMA) and resistance at
1468 levels.
Weekly
View
Bullish bias likely to persist until violates 1224(20DMA) levels. Resistance stands at 1532
levels.
Monthly
View
Strong bull trend likely to continue till it holds 1022(20DMA) levels.
83
FMCG
HINDUNILVR Views BUY
Daily Cup and Handle pattern should be traded with bullish bias. Support stands at
View 1759(20DMA) & resistance stands at 1874 levels.
Weekly
View
Buy on dips should be approached till it holds 1637(20DMA) levels.
Monthly
View
Continuation of bullish bias till it holds 1270. Resistance is placed at 1874 levels.
84
FMCG
ITC Views BUY
Daily Bullish bias likely to continue and buy on dips around 20DMA(309) level should be
View followed. Support at 307 levels and resistance stands at 335 levels.
Weekly
View
Trading above the multiple resistances indicates positive momentum. Support stands at
283(20DMA) & resistance at 335 levels.
Monthly
View
Bounce back from 50DMA(249) indicates continuation of bull trend. Support stands at
249(50DMA) levels. Resistance stands at 368 levels.
85
FMCG
JUILANT FOOD Views BUY
Daily Consolidation breakout indicates positive momentum towards 1698 levels. Support
View stands at 1510(20DMA) levels.
Weekly
View
Bullish bias likely to continue but if it breaks 1378(20DMA) then correction cannot be
ruled out.
Monthly
View
Bull trend likely to continue but traders should be cautious at higher level. Support
stands at 1348 level.
86
FMCG
NESTLE INDIA Views BUY
Daily Flag pattern breakout indicates continuation of uptrend. Resistance stands at 12250
View levels and support at 11257.
Weekly
View
Spinning top indicates cautious approach should be taken but overall trend is bullish.
Support stands at 10051(20DMA) and resistance at 12352 levels.
Monthly
View
Formation of big bull candle indicates it is in firm grip of bulls. Support stands at 8000
and resistance at 102352levels.
87
FMCG
MARICO Views BUY
Daily Buy on dips should be approached until it violates 355(50DMA) on closing basis.
View Resistance stands at 386 levels.
Weekly
View
Should be traded with bullish bias till it holds 341(20DMA) on closing basis. Resistance
stands at 375.
Monthly
View
Long term trend is bullish and short should be avoided. Support stands at 317(20DMA) &
256(50DMA).
88
FURNISHING
KAJARIA CERAMICS Views SELL
Daily Overall trend is weak until it moves above 512(recent swing high) levels. Support stands
View at 456(50DMA) & resistance stands at 541 levels.
Weekly
View
After a pullback rally, it is facing resistance at cross 526(200DMA). Support stands at 406
levels.
Monthly
View
It is in a verge to form swing trading setup. Decisive move above 513(50DMA) will
resume bull trend. Support stands at 302(100DMA) levels AND RESISTANCE AT
613(20DMA).
89
IT
HCL TECH Views BUY
Daily Trading with a choppy movement and likely to witness positive momentum till it holds
View 996(20DMA) levels. Resistance stands at 1075 levels.
Weekly
View
Trading choppy with upward bias. Support stands at 870 and resistance at 1108.
Monthly
View
Overall trend is bullish but trading in consolidation phase for a while. Support stands at
90
IT
HEXAWARE Views BUY
Daily Huge correction in the stock has nullified the momentum but it has managed to hold its
View 200DMA (399) levels. No trade setup is observed and traders should wait for clarity.
Weekly
View
Broken its 20DMA(449) level but managed to hold above 50DMA(382) level. Decisive
move above 449 will resume bull trend. Support is placed at 401(recent swing low) and
resistance stands at 516 levels.
Monthly
View
Bullish bias likely to maintain and bottom fishing should be followed. Support stands at
91
IT
INFOSYS Views BUY
Daily Bounce back from its 20DMA (1395) levels indicating resumption of uptrend. Long
View position should be maintained with a positional target of 1538. Support stands at 1395
levels.
Weekly
View
Bottom fishing should be approached. Support stands at 1288(20DMA) & resistance at

1538 levels.
Monthly
View
Should be traded with positive bias. Support stands at 1279(previous breakout level) and
resistance at 1538.
92
IT
KPIT Views BUY
Daily Trading within the rising channel indicates bullish bias and crossed swing high of 300
View level. It is likely to test 310 level and above that level can move upto 340 level. Support
stands at 296(20DMA).
Weekly
View
Trading above spinning top candlestick pattern indicates bullish bias likely to continue.
Resistance stands at 310 levels and support stands at 278(20DMA)
Monthly
View
Long term trend is bullish. Support stands at 184 (20DMA) level and resistance stands at
323.
93
IT
MINDTREE Views BUY
Daily Triple top crossover indicates strong bullish momentum. Traders can initiate long
View around 1099 levels. Support stands at 1007(20DMA) levels and resistance stands at
1173.
Weekly
View
Triple top crossover with a rise in volume indicates strong upmove. Resistance stands at
1175 levels.
Monthly
View
Flag pattern breakout indicates continuation of bull trend. Support stands at 907 levels
and resistance at 1175.
94
IT
NIIT TECH Views
Daily Bullish flag breakout indicates continuation of uptrend. Support stands at 1318(20DMA)
View and resistance at 1440.
Weekly
View
Breakout from consolidation phase indicates continuation of bullish momentum.

Support stands at 1155(20DMA) levels.
Monthly
View
Strong bullish momentum likely to continue above its upward slanting trend line.
95
IT
TCS Views BUY
Daily Continuation of up move till it holds 2014(20DMA) levels. Support stands at
View 1958(50DMA) levels and resistance at 2146.
Weekly
View
Bullish momentum should continue above its upward slanting trend line. Support stands
at 1867(20DMA) and resistance at 2146.
Monthly
View
Bullish bias likely to continue but buy on dips should be approached. Support stands at
1435 and resistance at 2146.
96
IT
TATA ELXSI Views BUY
Daily Flag pattern breakout indicates firm uptrend and traders should hold long until it
View violates 1398(50DMA) in daily scale. Swing low of 1375 should act as strong support and
Weekly
View
Bullish bias should continue till it holds 1310(20DMA). Support stands at 1326 and
resistance at 1491.
Monthly
View
Breakout above horizontal trend line indicates positive momentum. Support stands at
1205 and resistance at 1491.
97
IT
TECH MAHINDRA Views BUY
Daily Crossover above its multiple resistances of 725 indicates fresh momentum. Hammer
View candlestick pattern further confirms the trend. Support stands at 725 previous breakout
level and resistance at 801 levels.
Weekly
View
Breakout from horizontal trend line should be traded with bullish bias. Support stands at
Monthly
View
Cup and Handle pattern breakout indicates strong up move. Support stands at 729 and
resistance at 890.
98
IT
WIPRO Views NEUTRAL
Daily Inverted Head & shoulder is being observed and trading above its neckline indicates
View positive momentum. Initial target should be 325 in short term. Support stands at
285(20DMA) levels.
Weekly
View
Breakout above inverse head & shoulder indicates positive momentum till 325 levels.
Monthly
View
Bounce back from 20DMA(276) support level indicates resumption of uptrend. Support
at 276 and resistance at 334 levels.
99
TEXTILE
ARVIND Views BUY
Daily Trading within a broad range with choppy trend. Traders should wait for clarity. Support
View stands at 370 levels and resistance at 444 levels.
Weekly
View
Trading within a channel with a positive bias. Support stands at 393(100DMA) and
Monthly
View
Bullish till it holds 337(50DMA) levels. Resistance stands at 478 levels.
100
TEXTILE
PAGE Views BUY
Daily Strong bull trend is being observed but traders should be cautious at exiting from
View overbought zone. Support is placed at 32100(20DMA) and resistance at 38000 levels.
Weekly
View
Formation of Doji candlestick pattern indicates cautious. Overall trend is bullish and any
correction towards 20DMA(27685) can be utilised to create long.
Monthly
View
Trading in strong bull trend and likely to trade with positive bias until violates upward
slanting trend line breakout level of 29000.
101
TEXTILE
RAYMOND Views SELL
Daily Positive divergence in RSI indicates pullback rally till 860 level. Above 860 can be a
View possibility of trend reversal. Resistance stands at 860 and support at 800(20DMA) levels.
Weekly
View
Bounce back from 100DMA(801) level indicates bullish bias.Until it violates 801 on
closing basis, it is likely to test 20DMA(926) level.
Monthly
View
Hammer candlestick pattern above its upward slanting trend line indicates bullish bias
likely to resume. Support stands at 756 and resistance at 1153 levels.
102
MISCLLANEOUS
JUST DIAL Views BUY
Daily Triangle pattern breakout above 595 should be traded with bullish bias. Support stands at
View 546 levels and resistance at 638 levels.
Weekly
View
Consolidating within a wide range of 639 & 327 levels. Decisive move above 638 can be
traded with bullish bias. Support stands at 531 levels.
Monthly
View
Range breakout above 639 should be traded with bullish bias. Support stands at
476(20DMA) levels.
103
RETAILING
BATA INDIA Views BUY
Daily Traders should be cautious as it is trading in overbought zone. Long should be created on
View retracement towards 20DMA (1014) levels. Support stands at 918(50DMA) and resistant
at 1102 levels.
Weekly
View
The stock has witnessed a decent rally. Traders should wait for correction or
consolidation for fresh entry. Support stands at 858(20DMA) levels.
Monthly
View
Bullish bias should be maintained above its trend line and breakout level of 825 should
act as support zone.
104
FINANCE
IDFC Views NEUTRAL
Daily Likely to face supply around 53 (200DMA) levels. Support stands at 45 levels.
View
Weekly
View
Trading with a pullback mood but facing multiple resistances at its moving averages.
Support resistance stands 59.50 (200DMA) and support at 50(20DMA) levels.
Monthly
View
Trading range bound with no clarity. Support at 42 and resistance at 55(20DMA) &
60(50DMA) levels.
105
FINANCE
IFCI Views SELL
Daily Below 15.90 can witness fresh weakness. Resistance stands at 18.50 and support stands
View at 14.50.
Weekly
View
Trading with a pullback mode and decisive move above 18.25 can witness further
pullback. Support stands at 15.90 levels and resistance at 21.50(50DMA)
Monthly
View
Trading with negative bias but pullback rally cannot be ruled out as it is trading near over
sold zone. Support stands at 14.45 and resistance at 23.50(20DMA)levels.
106
FINANCE
L&TFH Views BUY
Daily Bull trend likely to resume and support is placed at 169(200DMA) levels and resistance at
View 214 levels.
Weekly
View
Breakout above falling trend line indicates positive momentum. Support stands at
168(20DMA) & 150(100DMA) levels.
Monthly
View
Above 186 can be considered as bullish flag pattern breakout and momentum likely to
maintain in favour of bulls. Support is placed at 160(20DMA) levels.
107
FINANCE
M&MFIN Views BUY
Daily Breakout from its falling trend line indicates positive momentum. Support stands at
View 486(100DMA) levels and resistance at 499.
Weekly
View
Swing trading setup is being observed and above 495 bull trend likely to maintain till
527. Resistance stands at 462(50DMA) levels.
Monthly
View
Bull trend likely to persist till it holds 417(20DMA) levels. Previous swing high of 534
should act as supply zone.
108
FINANCE
PFC Views BUY
Daily Bounce back from 50DMA (79) support level indicates up move. Immediate hurdle is
View placed at 95(200DMA). Support stands at 79 level.
Weekly
View
The price is holding above 20DMA(80) level suggests upward momentum. In short term it
is likely to test 50DMA(100) levels. Support stands at 80 level.
Monthly
View
Pullback rally can be seen but undertone is bearish. Support stands at 67 and resistance
at 109(100DMA).
109
FINANCE
RELIANCE CAPITAL Views BUY
Daily Sustenance above 442(200DMA) indicates bullish momentum. Support stands at
View 437(20DMA) and resistance at 490 levels.
Weekly
View
Sustenance trade above 478(100DMA) can take the price further up and trending move
can be expected. Resistance stands at 626(previous swing high) and support stands at
461(50DMA)
Monthly
View
Bounce back witnessed from 200DMA(431) levels and sustenance trade above
500(20DMA) can take the price further up. Resistance stands at 626 and support stands
at 429(200DMA) levels.
110
FINANCE
REC LTD Views BUY
Daily Consolidation should be traded with bullish bias. Support stands at 113(100DMA) levels
View and resistance at 131(200DMA) levels.
Weekly
View
Price is holding above its 20DMA(112) level suggests pullback rally. Downward sloping
trend line resistance stands at 130 levels and support stands at 112(20DMA) levels.
Monthly
View
Until crosses above trend line resistance of 126, no trending move can be expected.
Support stands at 105 levels.
111
FINANCE
SHRIRAM TRANSPORT FIN Views SELL
Daily Below 1290 should be a bear flag breakdown and to be traded with negative bias.
View Support stands at 1319(50DMA) and resistance stands at 1362(20DMA) levels.
Weekly
View
Bounce back witnessed from lower level but facing resistance at 1395(20DMA). If it
moves above 1395 then bullish bias should be maintained. Support stands at 1290.
Monthly
View
Bull trend should be maintained till holds 1080(50DMA) level. Resistance stands at 1668.
112
FINANCE
BAJAJ FINSRV Views BUY
Daily Buy on dips should be approached towards 50DMA(6610) levels. Support stands at
View 6129(100DMA) where as resistance at 7200.
Weekly
View
Strong bull trend should persist and previous breakout level of 6293 should act as good
support zone.
Monthly
View
Strong bullish bias should continue and range breakout level 5790 should act as good
support zone. Traders should hold or accumulate in dips until breaks 5200.
113
FINANCE
MFSL Views NEUTRAL
Daily Likely to trade sideways with negative bias. Resistance stands at 499(200DMA) levels
View and support at 423.
Weekly
View
Above 506(200DMA) should be traded with bullish bias. Support stands at 403 levels.
Monthly
View
Trend is up and momentum can be seen above 548(20DMA) levels. Support stands at 403
levels.
114
FINANCE
SREI INFRA Views SELL
Daily Pullback rally cannot be ruled out above 57(50DMA) levels. Support stands at 51 levels.
View
Weekly
View
Pullback can be seen as it is near oversold zone. Support stands at 46 and resistance
stands at 67(20DMA) levels.
Monthly
View
Long legged doji candlestick pattern indicates indecisiveness. Sustenance trade above
long legged doji 59 can witness upward momentum. Support stands at 45 levels and
resistance stands at 68(50DMA) levels.
115
FINANCE
UJJIVAN FIN Views SELL
Daily Sustenance above 368(previous breakdown level) can witness pullback rally. Support
View stands at 341 and resistance at 380(200DMA) levels.
Weekly
View
Decisive move above 396 should be considered as triangle breakout and to be traded
with bullish bias. Support stands at 341 levels.
Monthly
View
Bullish momentum likely to trigger above 396 levels. Support stands at 341 levels.
116
FINANCE
BAJAJ FINANCE Views BUY IN DIPS
Daily In the daily charts, the stock is rising with lack of momentum and is likely to fall up to
View 2570 levels to find good support.
Weekly
View
In the weekly charts, stock is in strong uptrend. It has formed ‘Shooting Star’ candlestick
pattern indicating short term change in trend in near term. Moreover, RSI (14) is trading
in extreme overbought zone. Any correction towards 2500-2550 levels can be bought
into for the levels of 3400. Support seen around 2300.
Monthly
View
In the monthly charts strong support is placed around 2280. On the upside 3450 is a
good resistance zone which can be tested in near term. Overall in a strong up trend.
117
FINANCE
Bharat Fin Inclusion Views BUY
Daily In the daily charts price closed below all its short term moving averages. Till it sustains
View below 1220 levels, stock may enter into a correction mode. Support is seen around 1145.
Weekly
View
On the weekly time frame, Stock has entered into a corrective mode i.e. trading within a
Falling Channel and is expected to remain same until it crosses 1220 decisively.
Monthly
View
In the monthly charts strong support is placed around 1100 and 1150 levels. On the
upside1260 is a good resistance zone breach of which the stock may extend its rally till
1340-60 and 1450. Overall in a strong up trend. Trend Reversal point is 1090
118
FINANCE
HDFC Ltd Views Buy in dips
Daily Price has formed Hammer candlestick pattern. It may find strong hurdle around 1970
View zones. Sustenance trade above 1970 would add momentum on upside.
Weekly
View
In the weekly charts, price is hovering around its 20 Moving Averages, stands around
1908 levels. The levels 1810 might work as immediate support zone. Resistance at 2100.
Monthly
View
On the monthly chart, Stock is trading around lower band of rising channel. Support
seen around 1810 levels. Till it holds above these levels, any dip towards 1850 should be
bought into for the higher levels of 2055 & 2200.
119
FINANCE
CAPITAL FIRST LIMITED Views Buy on dips
Daily Stock took hurdle around 38.2% Retracement levels on daily chart, stands around 640
View marks. Price may correct till 570 zones which is a good levels to accumulate the stocks.
Weekly
View
Stock has formed Spinning Top candlestick pattern for two consecutive weeks signifying
lack of momentum at current levels. Any dip towards 555 marks can be bought into for
a Resistance of 655.
Monthly
View
In the monthly charts, price rebounded from 61.8% Retracement levels i.e. around 550
zones which is a bullish set-up. Moreover, it has given breakout from downward sloping
trend-line. Strong Resistance seen around 740 levels and Supports at 560 & 520 marks.
120
FINANCE
CHOLAMANDALAM IN & FIN CO Views Buy on Dips
Daily In the daily charts price is forming series of lower troughs and peaks. Expecting stock to
View continue this pattern in near term once it violates 1440 zones till 1340.
Weekly
View
Stock is consolidating around 34EMA on weekly chart. Strong Resistance seen around
1540 levels and support 1390 & 1230 zones.
Monthly
View
On monthly chart, price has rebounded from 13EMA which might work as immediate
support zone i.e. 1400 zones. It has to cross 1540 levels to gain further upside
momentum till 1760 marks. If it breaches support of 1400 levels, it might correct till
1250-1280 zones which is a good level for accumulation.
121
FINANCE
EQUITAS HOLDINGS LIMITED Views AVOID
Daily Stock has given a trend-line breakout on daily chart and is expected to move higher till
View 165-170 zones in near term.
Weekly
View
Price is range bound between 125 and 175 levels and is expected to remain within the
same in near term.
Monthly
View
Price is range bound between 125-175 levels and is expected to remain within the same.
With a big black candle in place major resistance stands at 170 levels which will not be
taken out easily.
122
FINANCE
MANAPPURAM FINANCE LTD Views Sell on Rise
Daily On daily chart, Stock is trading below its major averages. It may come down till 95 odd
View levels. Hurdle seen around 116.
Weekly
View
Stock is trading around up-ward sloping trend line, stands around 99 levels which might
work as immediate support zone. Closing below 98 zones may drag Manappuram
further lower till 82 marks. Resistance is seen at 118.
Monthly
View
On the Monthly chart, price is trading within a broader range of 95-127 levels and is
expected to consolidate in near term. Breakout on either-side would dictate the trend in
coming days.
123
FINANCE
MUTHOOT FINANCE LIMITED Views Sell on Rise
Daily Probable formation of Descending Triangle indicating cautions at higher levels. Support
View stands at 360 & Resistance at 440.
Weekly
View
Probable formation of Descending Triangle on weekly charts indicating cautions at higher

levels. Support stands at 360 & Resistance at 440.
Monthly
View
360 is the key support to be watched out a break of which will be negative for the stock.
On the upside 460 holds a very good resistance.
124
FINANCE
ICICI Pru Life Views
Daily 61.8% retracement support at 377 - 378. Bearish below 370. Bullish above 100 DEMA at 396
View targeting 435+ levels.
Weekly
View
Likely 61.8% Fibonacci retracement should be bullish above 20 WEMA at 392 – 393 zones.
Bearish below 370.
Monthly
View
Falling channel traing within 400 – 320 zones. Bullish above 20 MEMA at 386 – 390 then
above 400 should target 420.
125
Automobile & Ancillaries
Amara Raja Batteries Views Range bound with
bullish bias
Daily Took hurdle around 900 levels. Till it sustains below 900 zones, profit booking at higher
View levels cannot be ruled out. Support seen around 830 levels.
Weekly
View
In a down trend with major resistance at 900 levels and stands a good short. 900 is the
trend reversal point. Support stands at 750 and 725 levels
Monthly
View
Major resistance is seen at 900. Once 900 is taken out stock might head higher till 1000
levels. Support stands at 700 & 664 levels.
126
Exide Industries Views Buy on Dips
Daily Stock has rebounded from 34EMA and has formed Doji candlestick pattern indicating
View indecisiveness at support levels. Next support level is seen at 273 marks.
Weekly
View
Stock has formed ‘Bearish’ candlestick pattern on weekly chart suggesting cautious at
higher levels. Exide may correct till 259 levels which is a good levels to buy.
Monthly
View
Strong uptrend in place with support placed at 260-50 levels. A drag towards these
levels holds a good buy. Stock is expected to make new highs till 320-30 levels in near
term.
127
Apollo Tyres Views Neutral
Daily Consolidating below its 200 DMA, stands around 268 levels. Sustenance trade below
View these may drag stock towards 246 & 230 levels.
Weekly
View
Stock is trading around its upward sloping trend-line on weekly chart. Till it sustains
above 245 levels, pull back from current levels cannot be ruled out. Resistance is seen
around 290 marks.
Monthly
View
Range-bound within a broader range of 240-300 zones. Sustenance trade below 240
may drag Apollo Tyres further lower till 210 levels.
128
Bharat Forge Views NEUTRAL
Daily Breakout from an Inverse Head & Shoulder Pattern on daily chart indicating possible
View change in trend. Neck-line stands around 660 zones which might work as immediate
support zone.
Weekly
View
Stock has formed Bull candle above Neckline indicating upside momentum to continue
in near term till 725 zones.
Monthly
View
On Monthly chart, Stock has formed two consecutive Hammer candlestick pattern
suggesting possible changes in trend. Resistance is seen around 790 marks.
129
Castrol India Views Avoid
Daily Near term support at 153 levels. Resistance is seen around 164
View
Weekly
View
Stock is consolidating below its breakdown levels. Decisive break below 153 would drag
Castrol further lower till 140 zones.
Monthly
View
Though in a strong downtrend, good support of 152-50 will make the price witness a
upside till 180-85 levels
130
Ceat Views Buy
Daily Stock has formed Inverted Hammer pattern around its short term moving average. Price
View may resume its up-move from lower levels till it sustains above 1335 levels.
Weekly
View
On weekly chart, price bounced back from its 200 SMA & closed above its short term
moving average. It is heading towards 1600 marks which might work as immediate
hurdle zone.
Monthly
View
Stock is rebounding from its 50 SMA stands around 1190 levels. It might consolidate
within a range of 1190-1570 levels in near term.
131
Cummins India Views BUY
Daily Target of range breakout is met at 790 levels which might work as immediate hurdle
View zone. Sustenance trade above this would add further momentum till 860 marks.
Weekly
View
Stock is trading around its moving averages which may work as key hurdle zone i.e. 798
marks. Next Resistance is around 883 levels.
Monthly
View
Price touched upper band of Falling Channel. Now it has to cross 790 levels and closes
above it to gain further upside momentum.
132
MRF Views BUY
Daily Price is consolidating around its major moving average i.e. 200 SMA. Till it holds above
View 72800 marks, pullback from current levels cannot be ruled out.
Weekly
View
On the weekly chart, price is capped within a range of 72200-81200. Support stands
around 71500 zones and Resistance at 81200 levels.
Monthly
View
Stock is consolidating at higher levels within a broader range of 72200-81200 levels with
negative divergence in RSI indicating that MRF may revert back to its short term moving
averages i.e. around 68380 levels.
133
BALKRISHNA IND. LTD Views BUY
Daily Stock has resumed its up-move post breakout from a Flag pattern. It is heading towards
View 1550 levels i.e. 161.8% Retracement levels.
Weekly
View
Price has given breakout from a rectangle pattern and heading towards 1690 marks in
near term. A support is seen around 1100 levels.
Monthly
View
On Monthly chart, Stock has given breakout from a range and is expected to move
higher till 1690 i.e. Target of range breakout. Support is seen at 1180 marks.
134
Cement
Dalmia Bharat Ltd Views BUY
Daily Price took hurdle around 50% Retracement levels and 200 DMA i.e. 2805 levels. It may
View correct till 2490 zone which is a good entry levels.
Weekly
View
Price may face strong resistance around 2800 odd levels. If it fails to cross these marks
decisively, Stock may witness a correction till 2450.
Monthly
View
Stock has formed 'Doji' candlestick pattern on monthly chary signifying indecisiveness at
higher levels. It has to cross 2900 levels decisively to gain further upside momentum.
135
Cement
ACC Views Buy on Dips
Daily Stock is currently consolidating around 61.8% Retracement levels. Any dip towards
View 1550-1560 is good levels to buy.
Weekly
View
ACC is trading around its 50SMA of 1595 levels which might work as immediate support
zone. Any dip towards 1460-1480 levels can be bought into for the higher levels of 1860
marks.
Monthly
View
On monthly chart, Price has given breakout from a Flag Pattern indicating resumption of
Up-Trend. On broader view, Stock is consolidating within a range of 1356-1820 levels.
We may expect ACC to move higher till 1800 levels.
136
Cement
Ambuja Cements Views Buy on Dips
Daily Stock is currently consolidating around its major moving average i.e. 200 DMA stands
View around 240 levels. Now it has to cross these levels decisively to gain further upside
momentum.
Weekly
View
On weekly chart, Price is trading around its downward sloping trend-line stands around
252 zones which might work as immediate hurdle zone.
Monthly
View
On the longer time frame, Stock is trading within a broader range of 186-292 levels. It
has rebounded from lower band of trading range. Decisive trade above 249 levels would
add further momentum on upside till 290 zones.
137
Cement
India Cements Views BUY
Daily Price has closed above all its short term moving averages with rise in volume indicating
View value buying at lower levels. Near term hurdles are 135 & 152 and Supports are 100 & 97
Weekly
View
Stock is currently consolidating around its previous breakout zones i.e. around 120
levels. On shorter time frame, price has given breakout from an Inverse Head & Shoulder
pattern. It is expected to move higher till 145 marks.
Monthly
View
India Cements is currently trading around its crucial supports zone i.e. Neckline of
Inverse Head & Shoulder pattern. Till it sustains above 95 zones, bounce-back from
lower levels cannot be ruled out. Near term hurdle is seen around 145 zones. Closing
above these levels would add further momentum till 200 & 250 zones.
138
Cement
Ultratech Cement Views Buy
Daily Stock may find strong hurdle around 4490 zones. Decisive move above this may add fuel
View on upside till 4560 marks.
Weekly
View
On weekly chart, Stock is trading around its supply zone of 4500 levels. It has to cross
these zones decisively to gain momentum on upside. Otherwise, stock would enter into
consolidation phase in near term. Support stands at 4078 & 3900 levels.
Monthly
View
Lately, Stock has formed 'Morning Star' candlestick pattern signifying trend reversal.
Price is likely to move higher till 4600 zones which might work as strong hurdle zone.
Ultratech can be bought at lower levels around 4050-4100 zones.
139
Cement
RAMCO CEMENTS LIMITED Views BUY
Daily Stock has formed higher swing low on daily chart signifying possible change in trend. It
View has underperformed other cements stocks. Stock may move higher till 745 levels in near
term.
Weekly
View
On weekly chart, price is trading within a Broadening Triangle pattern. Decisive move
above 720 would take stock further higher till 915 zones.
Monthly
View
Support is placed at 620 levels with resistance at 750. With a pin bar in place a pullback
shows some bullishness in the stock once closing above 750 happens. 620 is the trend
reversal point.
140
Cement
SHREE CEMENT LIMITED Views BUY
Daily Stock has resumed its up-move after consolidating within a tight range. It is heading
View towards 19800 levels in near term which might work as strong hurdle zones.
Weekly
View
Stock has given breakout from a Falling Channel on weekly time frame. It is expected to
move higher in near term. Near term hurdle is seen around 20500 levels. Any dip
towards 18000-18200 levels is a good buying zone.
Monthly
View
Stock has resumed its uptrend after taking support around its 34EMA. It is expected to
move higher in near term. Near term hurdle is seen around 20500 levels.
141
Mining & Metals
Coal India Views BUY
Daily Rounding bottom in place, on the verge of trend reversal above 300, any drag towards
View 270 levels should be bought for an upside of 295-96
Weekly
View
With a Falling Channel in place, should find resistance at 290-295 levels. Close above
308 would be bullish for the stock till 320-30 levels. Support at 265
Monthly
View
With price bottoming out should find bullishness above 305 levels. Support at 255 and
240 with resistance at 305-320-350 levels
142
Mining & Metals
NMDC Views NEUTRAL
Daily In a negative trend but on the verge of trend reversal if manages to close above 115.
View Drag towards 98-100 can be bought for an upside of 109. Close above 115 should find
bullish momentum till 122 levels
Weekly
View
In the weekly charts price there is a Hammer in place followed up by a good volume is
positive in nature. A drag till 104-105 levels and can be bought for an upside of 122.
Monthly
View
With a hammer in place on the long term trend line, should find resistance at 125 levels.
Support at 100
143
Mining & Metals
Hindalco Industries Views Buy
Daily Post breakout from an Inverse Head & Shoulder Pattern, Price is currently consolidating
View around its falling trend-line and 200 day moving averages. Sustenance trade above 240
levels would add fuel on upside till 265 marks.
Weekly
View
On weekly chart, price has taken hurdle around its downward sloping trend line. Till it
sustains below 240 levels, profit booking at current levels cannot be ruled out.
Monthly
View
On monthly time frame, Stock is trading at Make or Break levels. Sustenance trade
above 240 levels may take prices higher till 284 zones.
144
Mining & Metals
Hindustan Zinc Views NEUTRAL
Daily Price has faced hurdle around 300 marks i.e. 200 DMA. A dip towards 287-288 is a good
View level to accumulate the stock.
Weekly
View
Monthly
View
A pin bar in place at 260 levels. On the upside 300 will act as resistance breach of which
further upside till 335 levels can be witnessed
145
Mining & Metals
Vedanta Views BUY
Daily With price bottoming out close above 232 should find bullish momentum till 250 levels.
View Support at 200
Weekly
View
On weekly chart, VEDL is consolidating around 50% Retracement levels within a range of
204-240 levels. Any correction towards 220-221 levels is good entry point.
Monthly
View
With a hammer in place with a higher volume indicates an up move till 260 where it will
face major resistance. Support at 190.
146
Mining & Metals
NATIONAL ALUMINIUM Views BUY
Daily Took hurdle around downward sloping trend line. It might correct till 72 marks which is a
View good entry levels.
Weekly
View
Price is trading around upper band of Falling Channel. Now it has to cross 80 levels
decisively to gain further upside momentum.
Monthly
View
With a Bullish in place with a higher volume indicates an up move till 85 where it will
face major resistance. Support at 58.
147
Iron & Steel
Jindal Steel & Power Views BUY
Daily Price is trading around 'Inflection Point' i.e. downward sloping trend line and 200 DMA.
View It has to cross 228 levels decisively to gain upside momentum.
Weekly
View
Stock is on verge of positive breakout from Flag Pattern on weekly time frame. Closing
228 would take price higher till 264 marks.
Monthly
View
With a hammer in place with a higher volume indicates an up move till 230 and 245
where it will face major resistance. Support at 177.
148
Iron & Steel
JSW Steel Views BUY
Daily Stock has reached Target area of range breakout, stands around 405 levels. Price may
View enter into consolidation phase in near term.
Weekly
View
Bull Candle above breakout levels is indicating a strong up-move to continue in near
term. The levels 365-370 are a good zone to accumulate the stock.
Monthly
View
Stock is in strong up-trend and is likely to continue in near term. Support is seen at 350
and Hurdle at 410 marks.
149
Iron & Steel
SAIL Views Range bound
with positive bias
Daily View Rounding bottom in place with a bullish bias only above 84 till 88. Support at 68
Weekly
View
Price has given breakout from a bullish Flag pattern and is expected move higher till 85
zones.
Monthly
View
Price is range bound between 92 and 70 levels and is expected to remain within the
same for the upcoming days.
150
Iron & Steel
Tata Steel Views BUY
Daily Stock has corrected till 20 SMA which might work as immediate support zones. Hurdle is
View seen at 620 marks.
Weekly
View
Price has given breakout from a Falling Wedge pattern on weekly time frame. Near term
hurdle is seen around 624 levels.
Monthly
View
Price has rebounded from 38.2% Retracement levels and given breakout from bullish
Flag pattern signifying resumption of previous uptrend till 760 zones.
151
Logistics
Adani Ports Views BUY
Daily With a bullish flag in place a close above 405 should be bought for an upside of 415-18
View levels.
Weekly
View
With a breakout from rounding bottom a close above 405 should be bought for an
upside of 415-420. Above 420 fresh bullishness till 450 is expected.
Monthly
View
Price is range bound between 440 and 360 and is expected to remain within the same.
Above 440 should open fresh bullishness till 490-505 levels.
152
Logistics
Container Corp Views Range Bound
Daily Stock is consolidating below its major moving averages. A strong hurdle is seen at 660
View zones. It has to cross these levels decisively to gain upside momentum.
Weekly
View
Price is trading within a ‘Symmetric Triangle’. Breakdown below 628 levels would drag
price further lower till 580 zones.
Monthly
View
Price is range bound between 610 and 710 and trading should be avoided unless these
levels are taken out. Above 710, resistance stands at 780. 610-600 is a good support
153
Power
CESC Views BUY
Daily Stock is facing hurdle around 1015 levels i.e. 200 DMA. Any dip towards 940-945 levels
View is strong buying zones.
Weekly
View
Price failed to close above downward sloping trend-line for two consecutive weeks
indicating that stock is losing momentum on upside, hence can witness some profit
booking at current levels. Sustenance trade above 1005 levels may add upside
momentum and take prices higher till 1090.
Monthly
View
Took hurdle at Falling trend line. Expecting stock to consolidate within a broader range
of 870-1030 levels in near term.
154
Power
NTPC Views BUY in Dips
Daily Stock took hurdle around 172-173 levels i.e. downward sloping trend line. Any dip
View towards 162-163 levels is strong buying zones.
Weekly
View
Price took resistance at upper band of Falling Channel. Now it has to close above 173
levels to gain upside momentum.
Monthly
View
175 is strong resistance breach of which trend reversal will happen till 185 and 200
levels. 162 is the major support.
155
Power
Power Grid Corp Views Buy in Dips
Daily Positive crossover in moving averages is confirming change in trend. Any dip towards
View 191-193 levels is a good level to buy.
Weekly
View
Stock has resumed its up-move after three weeks of consolidation. It is heading towards
210 levels which might work as immediate hurdle zones.
Monthly
View
Stock rebounded from 50% Retracement levels on monthly time frame. Closing above
206 would take prices higher till 226 marks.
156
Power
PTC India Views Buy on Dips
Daily Price has closed above all its short term moving averages. We are expecting stock to
View move higher till 97 marks in near term.
Weekly
View
Price is trading around its hurdle of 91 levels. Any drag towards 73-75 levels can be
bought into for higher levels of 91 marks
Monthly
View
With a tweezer bottom in place close above 91 might head higher till 97-98. 100 is a
good resistance a close above which will open fresh bullishness till 112 levels.
157
Power
Reliance Infrastructure Views BUY
Daily Stock has halted at 50% Retracement levels on daily chart i.e. around 477 zones. Price
View may enter to consolidation phase in near term.
Weekly
View
On weekly time frame, price has halted at 50% Retracement levels i.e. around 477
zones. Price may enter to consolidation phase in near term.
Monthly
View
Range bound between 380 and 510 and is expected to remain within the same with no
sign of breaking out or down of these levels.
158
Power
Tata Power Company Views Range bound with
bullish bias
Daily Stock has given breakout from 'W' pattern and is likely to move higher till 83 levels
View which might work as immediate hurdle zones.
Weekly
View
Price is heading towards 84 levels which is a strong hurdle zones.
Monthly
View
Two consecutive Hammer candlestick pattern signifying possible changes in trend.

Hurdle is seen around 81 levels.
159
Power
Torrent Power Views BUY in Dips
Daily Stock is trading around upper band of trading range i.e. 275-210 levels. Till it sustains
View below 275 marks, price may trade within a these levels.
Weekly
View
Price is on verge of breakout from 'W' bullish pattern. Sustenance trade above 270 may
add further momentum on upside.
Monthly
View
Trading in a range of 210 and 290 and is expected to trade in the same range for
upcoming days.
160
Infrastructure
IRB Infra Views Sell on Rise
Daily A pull back towards 208 and 215 is expected which opens a good selling opportunity.
View Resistance at 220. Support at 180
Weekly
View
A drag towards 220-223 should be sold. Resistance at 230. Support at 175
Monthly
View
175 holds a good support for the stock. If this is taken out price may witness a drag till
130-20 levels. On the upside 220-230-240-255 holds very strong resistance.
161
Infrastructure
Larsen & Toubro Views SELL
Daily Stock is on verge of breakout from a Falling Trend line. Closing above 1360 would add
View further momentum on upside till 1425 levels.
Weekly
View
Breakout from a bullish Flag Pattern signifying resumption of previous uptrend. It is

heading towards its all-time high of 1470 levels.
Monthl
y View
Major resistance at 1370 level with support 1220 levels trading with a positive bias and is
expected to go up till 1470 levels
162
Infrastructure
NCC Views Range Bound
Daily Price is on verge of breakout from an Inverse Head & Shoulder Pattern. It is heading
View towards 115 levels in near term.
Weekly
View
Stock has faced hurdle at rising trend line stands at 102 levels. Till it sustains below
these mark, price may enter into a consolidation phase.
Monthly
View
Hammer below the upward sloping trend line is suggesting a pause in recent downfall.
Low of 77.50 may act as immediate support zone. Correction towards these levels is a
good accumulation zone with a Stop of 77.
163
Trading
MCX Views BUY
Daily With a breakout from an inverted head and shoulder any drag towards 810 should be
View bought for and upside of 950-990 and 1020. Support at 810
Weekly
View
Stock is currently trading around Neckline of ‘Ascending Triangle’ which might work as
key support levels. Till it sustains above 800 mark, one can take a long position with a
stop of 770.
Monthly
View
Double tweezer bottom in place the stock is on the verge of trend reversal and stands a
strong buy around 800. Resistance at 1160 with support at 820 and 750
164
Trading
Adani Enterprises Views BUY
Daily Stock has given breakout from 'Double Top' pattern and consolidating above it. Till it
View holds above 225 mark, price may continue to move up. But if fails to sustains above this
level, Stock may revert back to 207 levels.
Weekly
View
Stock is trading around its previous swing high. Price may enter into consolidation phase
for sometime in near term. The levels to watch on downside are 202 which is a good
entry levels.
Monthly
View
A cup with handle formation in place from the bottom with hectic delivery volume
indicates a very strong upside movement. Near resistance at 227 breakout of which
should open fresh bullishness till 300 and 345 levels. Support at 170-180 levels.
165
Telecom
Bharti Airtel Views BUY
Daily Stock is on verge of breakout from an Inverse Head & Shoulder Pattern. Neckline stands
View around 388 levels. Sustenance trade above these levels would add upside momentum
till 420 marks. Furthermore, MACD has given positive crossover above zero line.
Weekly
View
With multiple supports in place with a follow up move the stock might head higher till
400. 400 is a good resistance a close above which will open fresh bullishness till 430
levels.
Monthly
View
With a hammer in place on the long term trend line at 330, should find resistance at 450
levels. Support at 365. Trend reversal will happen above 400
166
Telecom
Tata Communications Views SELL
Daily With a strong downtrend in place the, a close below 534 should open fresh bearishness
View till 500-510 levels. Resistance at 610
Weekly
View
On weekly chart, Price is consolidating around 50% Retracement levels (Drawn from low
of 335 to high of 784). A close below 535 should open fresh bearishness till 475 levels.
Resistance at 610.
Monthly
View
With a rounding top in place the stock is likely to come down to its previous breakout
zone of 460 levels. Resistance at 625.
167
Realty
DLF Views BUY
Daily Stock is consolidating at its Inflection point i.e. 50% Retracement levels & 200 Moving
View Average. Decisive breakout above 220 zone would add further momentum on upside till
235 marks.
Weekly
View
On weekly time frame, DLF may face hurdle around 228-230 levels which might act as
reversal point. Till it sustains below this level, profit booking at higher levels cannot be
ruled out.
Monthly
View
On longer time frame, DLF has given breakout from Cup & Handle pattern and is likely to
move up till 245 levels in near term.
168
Realty
NBCC Views BUY
Daily Stock is on verge of breakout from Cup and Handle pattern. Trade above 75 levels may
View take price higher till 101 marks.
Weekly
View
Post breakout from a downward sloping trend line, price is capped within a falling
channel. Decisive cross above 74 marks would add further momentum till 89 levels.
Monthly
View
60 is a very good support for the stock from where it witnessed a pull back and was its
previous breakout zone. With a hammer in place on the long term trend line, a close
above 80 should find resistance at 95 levels.
169
Bank - Private
DCB Bank Views BUY in Dips
Daily On a broader view, Stock is capped within a broader range of 160-205 levels. Any dip
View towards 170 zones is a good entry levels.
Weekly
View
Price has rebounded from lower band of consolidation phase. Till it sustains above 155
zones, any correction towards 168-170 is a good entry levels.
Monthly
View
Morning Star candlestick pattern around support levels signifying price to bounce-back
till 200 levels in near term.
170
Bank - Private
HDFC Bank Views BUY on dips
Daily Within a strong uptrend the stock is witnessing a pull back. If manages to close above
View 2120, the stock would gain fresh momentum and is likely to resume its northwards
journey till 2220 and 2250
Weekly
View
On weekly time frame, Stock is trading around its support of 2060 levels i.e. upward
sloping trend line. If it sustains above this, bounce-back from lower levels cannot be
ruled out.
Monthly
View
Bearish candle on longer time frame signifying stock is losing momentum. Trend reversal
points stands at 2000 mark.
171
Bank - Private
IDFC Bank Views BUY
Daily Stock is consolidating around its major moving average of 200 DMA stands around 49
View levels. Breakout above this would add momentum on upside till 52-55 zones.
Weekly
View
Shooting Star at supply zone i.e. 50 is signifying a pause in upside momentum. A fall till
42-44 zone is a good entry point.
Monthly
View
With an inverted hammer and doji in place the stock in on the verge of trend reversal
and a close above 50 should open fresh bullishness till 54 levels. Support at 39
172
Bank - Private
IndusInd Bank Views BUY on dips
Daily On daily chart, price rebounded from 38.2% Retracement levels. It has formed Bullish
View Engulfing pattern signifying short term trend reversal. Stock may find resistance around
1960 levels.
Weekly
View
On weekly time frame, price rebounded from lower band of Rising Channel. It is likely to
be capped within the range of 1850-2030 levels in near term.
Monthly
View
Support in the monthly charts stands at 1850levels. Any drag towards these levels can be
bought. Resistance stands at 2050 breach of which 2160 is expected
173
Bank - Private
Kotak Mahindra Bank Views Buy on Dips
Daily Stock is consolidating within a narrow range of 1235-1295. Breakout above 1295 would
View take price higher till 1320 odd levels.
Weekly
View
On weekly chart, Price has given breakout from Bullish Flag pattern and heading towards
1335 levels in near term.
Monthly
View
Price has been resisted around 1380-1400 levels and is expected to come down to 1150-
70 levels to find good buying opportunity. Support and trend reversal stands at 1050
levels.
174
Bank - Private
Karnataka Bank Views Range bound with
bullish sentiment
Daily With a rounding bottom in place a close above 125 should find fresh momentum till 130-
View 135 levels. Support at 114. Resistance at 138
Weekly
View
Somewhat accumulation is going on which will come into effect only if manages to close
above 130 which may pull the price up to 140-42 levels. Resistance at 145 and Support
at 105.
Monthly
View
Range bound between 145 and 105 and is expected to remain within the same. Below
105, 85 hold good support.
175
Bank - Private
Yes Bank Views Neutral
Daily On Friday, Yes Bank opened with gap-down amid uncertainty over another three-year
View term for Rana Kapoor as the CEO of YES Bank. It tested 200 DMA stands around 335
levels. Till it sustains above this levels, Stock may consolidate at current levels for some
time. Decisive break below 335 may drag stock further lower till 300-305 zones.
Weekly
View
Post breakout from a Inverse Head & Shoulder pattern, Stock has breached Neckline
support levels and trading below it signifying Yes Bank is losing momentum on upside. It
might retest lower levels of 290 marks which is a good entry zones. Furthermore, MACD
is on verge of negative cross down which is a bearish set-up.
Monthly
View
On monthly time frame, Stock has failed to close above its breakout zone of 375. It
might revert back to its lower band of consolidation phase of 290 marks.
176
Bank - Private
RBL BANK LIMITED Views Strong BUY
Daily Stock has completed AB=CD pattern on daily chart indicating a short term reversal. It
View might revert back to its mean on 20 EMA i.e. 600 levels which is a good accumulation
zone.
Weekly
View
In the weekly charts price has broken out from the cup with handle formation and has
broken out. A dip towards 600 levels is a good entry zone.
Monthly
View
With a rounding bottom in place and breakout has happened the stock will likely to
move up to 665 levels in the coming days. Support stands at 570.
177
Bank - Private
Axis Bank Views BUY
Daily The stock has witnessed a decent rally after breakout from multiple resistances of 628.
View Traders should hold their long position or accumulate in dips around 20DMA (625) levels.
Support stands at 617 levels and resistance at 668.
Weekly
View
Trading above its triple top breakout level and horizontal trend line of 628 should act as
good support zone. Immediate resistance is placed at 683 levels.
Monthly
View
Triangle pattern breakout should be traded with bullish bias. Initial target should be 720
level and support stands at 628 levels.
178
Bank - Private
ICICI Bank Views BUY
Daily After breakout from its flag pattern, no follow up buying has seen. Overall trend is
View bullish and long position should be maintained till it holds 329(20DMA). Resistance
stands at 365 levels.
Weekly
View
Trading above its downward slanting trend line suggest bullish bias. Support stands at
329 and resistance is placed at 365 level.
Monthly
View
Likely to face supply at higher level at 365. If it manages to move above 365 then further
upside momentum can be seen. Support stands at 291(20DMA) levels.
179
Bank - Private
Federal Bank Views NEUTRAL
Daily Trading within a wide range in between 90 and 78 levels and facing multiple resistance
View at higher level. Trend traders should wait for clarity. Support stands at 78 levels and
resistance at 87 & 90 levels.
Weekly
View
Hammer candlestick pattern is being ovserved around 200DMA(78) level. Decisive move
of hammer high82.50 can take the price up. Resistance stands at 86(20DMA) &
95(100DMA).
Monthly
View
It is holding the price above 50DMA(78) level. Pullback can be witnessed from the
support of 50DMA and likely to test 20DMA(99) level.
180

Weekly Update

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Company Name Industry Page No

United Spirits Breweries & Distilleries 1

Breakdown resistance of rising demand line at 2850. Support of 50 MEMA at 2617.

Likely completion of 1-2-3 pullback should be confirmed on weakness below 20 WEMA at

Range break should target 261.8% throwback extension at 3580. By on decline.

Support of 100 WEMA at 204 then breakdown targeting 190 or lower.

Range-bound trading within 38 – 47 zones. Bullish on a break above 48 or on a show of

Bullish above 50 MEMA at 310 targeting 375. Bearish below 275.

Strong support at 51 – 52 zones. Bullish on a throwback towards 52 targeting 90 atleast.

After a pullback it is facing resistance at 126(200DMA) levels. Support is placed at 96

Trading range bound within a channel. Support is placed at 124(100DMA) &

Flag pattern breakout indicates continuation of bullish momentum. Support stands at

Trend is positive as it is making higher troughs and peaks. Support is placed at

Trading range bound in between 104 & 71 levels.

Facing resistance at 1108(100DMA). Support at 890 and resistance at 1108.

Trading around support of 890. Resistance is placed at 1139(20DMA) levels.

Formation of hammer candlestick pattern indicates positive momentum. Support stands

Strong bull trend likely to continue till it holds 1022(20DMA) levels.

Buy on dips should be approached till it holds 1637(20DMA) levels.

Bottom fishing should be approached. Support stands at 1288(20DMA) & resistance at

Breakout from consolidation phase indicates continuation of bullish momentum.

Bullish till it holds 337(50DMA) levels. Resistance stands at 478 levels.

Probable formation of Descending Triangle on weekly charts indicating cautions at higher

Price is heading towards 84 levels which is a strong hurdle zones.

Two consecutive Hammer candlestick pattern signifying possible changes in trend.

A drag towards 220-223 should be sold. Resistance at 230. Support at 175

Breakout from a bullish Flag Pattern signifying resumption of previous uptrend. It is

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