1. ACC. A rounding bottom like formation. Can climb to 1450 levels,
2. Maruti. Break out form falling trend line. Also a bullish head and shoulder is also there. Can climb to 9600-9700.
3. ITC. Again a rounding bottom like formation.
4. JSW Steel. Break down from channel. Can slide down to 290.
5. HDFC Bank. Near trend line resistance. Trade with caution.
2. Maruti. Break out form falling trend line. Also a bullish head and shoulder is also there. Can climb to 9600-9700.
3. ITC. Again a rounding bottom like formation.
4. JSW Steel. Break down from channel. Can slide down to 290.
5. HDFC Bank. Near trend line resistance. Trade with caution.
6. Tata Motors. Bullish hammer like pattern on daily and also on weekly charts. Can try to catch up with moving averages and can move to 290. Low of 251 is made near an important Fibbonaci level. Can be a good long term buy even too if this low holds.
7. Ramky. A bullish head and shoulder is in place.Technical targets of that could be 220-230.
Disclosure: These are just my observations not a trading recommendation. Further i am not a SEBI certified analyst and i can have one or more of these stocks in my portfolio.
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