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
 Company Name Industry Page No
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
 Company Name Industry Page No
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
 Company Name Industry Page No
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 Sell

Daily
View

Bearish pennant pattern targeting 450 – 420 zones should be sell on rise towards 520 .
Weekly
View

Falling range and bearish Head & Shoulder pattern breakdown at 550 - 520 should target 420-
400 zones. Sell on rise towards 520 – 550 zones.

1
 Diamond & Jewellery
Titan Company Views Sell
Daily
View

Trading channel at 820 – 740 zones. Bullish breakout only above 840 targeting 920 at least.
Weakness below 800 should be shorted targeting 740 – 720 levels.
Weekly
View

Bearish Head & Shoulder pattern breakdown at 820 should target 700 at least. Bullish only on
a failed breakdown from the said pattern above weekly high at 845. Strength above 950
should target rising trend-line resistance at 1050.

2
 Auto
Ashok Leyland Views Buy
Daily
View

Bearish Head & Shoulder pattern breakdown failure at 115 should be bought targeting 123 –
125 zones at least then likely 135. Bearish on resumption of bear trend below 110.
Weekly
View

Trading channel at 135 – 105 zones. Bearish only on breakdown below 105 otherwise likely target
135 then 150.

3
 Auto
Bajaj Auto Views Sell
Daily
View

Short-term bearish flag pattern breakdown below 2500 should target 2350. Bullish only
above pivot high at 2826.
Weekly
View

Weekly Head & Shoulder pattern breakdown below 2700 and then below pivot low at 2605
should be traded with bearish bias targeting 2150. Sustained pullback possible only above
2700.

4
 Auto
Bosch Views Sell
Daily
View

Short-term trend continuation pennant pattern breakdown below 19400 targeting 17500 at
least. Bullish only above falling supply-line breakout above 20400.
Weekly
View

Strength above 19900 should trigger reverse Head & Shoulder pattern breakout targeting
24000 at least. Bearish on breakout failure below 18900 targeting 17500 or lower..

5
 Auto
Eicher Motors Views Sell
Daily
View

Possible bear-flag pattern should trigger on weakness below 23000 targeting 19000. Bullish
on strength above 25000.
Weekly
View

Possible bearish Wolfe Wave pattern targeting 17000 in weekly chart.

6
 Auto
Escorts Views Sell
Daily
View

Breakdown from trend continuation bear-flag pattern at 550-540 zones should target 480 at
least. Sell on rise at every opportunity.
Weekly
View

Long-term rising demand line at 450 and horizontal demand line at 550. Bullish above 550-
540 zones.

7
 Auto
Hero Moto Corp Views Sell
Daily
View

Range breakdown below 3000 should target 2500. Sell on rise towards 2800-3000. Bullish
reverse Head & Shoulder pattern breakout above 3000 should target 3150.
Weekly
View

Bearish Wolfe Wave pattern target at 2500. Sell on rise towards bearish Head & Shoulder
pattern neckline at 3000-3100 zones.

8
 Auto
Mahindra & Mahindra Views Sell
Daily
View

Channel breakout above 775 should target 810 – 820 zones. Continued bearish below 740.
Weekly
View

Break below upper trend-line of channel should see price breakdown on weakness below 750
targeting 640 or lower. Sell on rise towards 820.

9
 Auto
Maruti Suzuki India Views Sell
Daily
View

Trend continuation pennant breakdown at 7700 should target 6500 at least. Sell on rise
towards 7500.

Weekly
View

Double top pattern breakdown below 8250 should target 6600. Bullish only above falling
supply line at 7700 – 7800 zones.

10
 Auto
Motherson Sumi Views Sell
Daily
View

Trend continuation pennant break below 245 should target 210.

Weekly
View

Falling channel support break at 250; possible bounce back towards 250 should be shorted
targeting 200. Bullish only on strength above 280 otherwise sell on rise.

11
 Auto
Tata Motors Views Sell
Daily
View

Short trem trend continuation pennant pattern should target 150. Gap resistance at 210.
Weekly
View

Strong support of rising demand line at 175. Break below 175 should target 125 – 130 zones.

12
 Auto
Tata Motors DVR Views Sell
Daily
View

Trend continuation pennant break below 95 should target 80 at least.

Weekly
View

Break of rising demand line at 120 should target 75 level. Sell on rise towards 120.

13
 Auto
TVS Motor Company Views Sell
Daily
View

Bearish Head & Shoulder pattern break at 520 should target 460 or lower. Bullish only on
failed break above 540.
Weekly
View

Falling channel trading within 490 – 570 zones should breakdown below 480 targeting 425
otherwise should target channel upper resistance at 580 – 600 zones.

14
 Housing Finance
CAN FIN HOMES LTD Views Sell
Daily
View

Falling channel trading within 245 – 210 zones. Weakness below 240 should be shorted.
Bullish on breakout above 250.
Weekly
View

Channel breakdown at 330 should target 180 – 170 zones eventually.

15
 Housing Finance
Indiabulls Housing Fin Views Sell
Daily
View

Trend continuation triangle pattern should breakdown below 850 targeting 660. Bullish
above 1000.
Weekly
View

Rising demand line at 800 should find buying interest targeting rising supply line at 1050.
Break below 800 – 780 zone should target 600. Trading channel at 1000 – 800 zones.

16
 Housing Finance
LIC Housing Finance Views Sell
Daily
View

Likely trend continuation pennant break below 410 should target 380 or lower. Strong supply
line at 440 – 445 which should be short on rise.
Weekly
View

Breakdown from bearish Head & Shoulder pattern at 460 should continue towards pattern
target at 350 then 300. Bullish on strength above neckline resistance at 455 – 460 zones
targeting 600. Strong support at 390.

17
 Media & Entertainment
Sun TV Network Views Buy
Daily
View

Falling channel trading with support at 580 should bounce back above 650 targeting 720 at
least.
Weekly
View

Breakdown from bearish Head & Shoulder pattern at 750 should be short on rise towards 750
targeting 500. Support at 570. Breakdown below 550 possibly targeting 420 – 430 zones.

18
 Media & Entertainment
TV18 Broadcast Views Sell
Daily
View

Bearish pennant pattern break below 32 should target 26. Bullish on failed break above 36
should target 42 at least.
Weekly
View

Falling channel trading within 36 – 31 zones. Sell on weakness below 36 targeting 31. Break
below 31 should target 26 at least. Bullish above 36.

19
 Housing Finance
PVR Views Sell
Daily
View

Weak bullish reverse Head & Shoulder pattern with breakout above 1235 should target 1450.
Bearish on failed break below 1300 targeting lower demand line at 1050 – 1000 zones.
Weekly
View

Bullish on breakout from reverse Head & Shoulder pattern at 1425 should target 1800.
Bearish on weakness below 1180 targeting 1030.

20
 Media & Entertainment
Zee Entertainment Views Sell
Daily
View

Trading range at 480 – 400. Sell on weakness below 480. Bullish on pullback above 50 DsMA
at 484 targeting 530.
Weekly
View

Channel breakdown at 510 should target 380 at least. Sell on rise towards 500.

21
 Healthcare
Ajanta Pharma Views Sell
Daily
View

Likely formation of bearish Head & Shoulder pattern with breakdown below 980 – 970 zones
should target 750 at least.
Weekly
View

Rising channel breakdown below weekly low at 970 should target 820-680 zones. Bullish only
on failed breakdown with pullback above 1100 otherwise cautious.

22
 Healthcare
Apollo Hospitals Views Neutral
Daily
View

Likely Trend continuation bear-flag break below 1020 should target 960 or lower. Bullish view
possible only above 1110 with resistance at 1180 – 1200 zones. Breakout above 1225.
Weekly
View

Falling demand line support at 1020. Bearish only on a break below pivot low at 996 targeting
900 otherwise bullish above 1100 targeting 1200 or higher.

23
 Healthcare
Aurobindo Pharma Views Neutral
Daily
View

Possible bear-flag pattern with breakdown below 735 targeting 680 – 660 zones. Bullish on a
failed break below 730 then above 760.
Weekly
View

Likely formation of bullish pennant formation targeting 1000. Bullish on breakout above 825.

24
 Healthcare
Biocon Views Neutral
Daily
View

Likely formation of bearish trend-continuation flag pattern targeting 520 or lower.

Weekly
View

Expanding pattern upper resistance at 750 – 760 zones and lower support at 575. Breakout
above 760 should target 880 or higher. Bullish above weekly high at 626 targeting 760
otherwise cautious.

25
 Healthcare
Cadila Healthcare Views Sell
Daily
View

Likely triangle trading within 410 – 370 should break on the downside targeting 340 or lower.
Bullish only on pullback above 420 otherwise cautious.
Weekly
View

Range bound ascending triangle pattern with breakdown below 370 should target 290 at
least.

26
 Healthcare
Cipla Views Neutral
Daily
View

Range bound channel trading within 680 – 630 breakdown should target 590 at least. Bullish
only on failed break above 650.
Weekly
View

Likely bullish reverse Head & Shoulder pattern targeting 760 with breakout resistance at 650
– 665 zones. Cautious on failed break and on weakness below 630.

27
 Healthcare
Divis Laboratories Views Sell
Daily
View

Bearish Head & Shoulder pattern with breakdown below 1250 should target 1100 or lower.
Bullish only above 20 DsMA at 1325.
Weekly
View

Bearish Wolfe Wave pattern with failed breakout at 1350 should target 900. Breakdown
below 1250 – 1240 zones.

28
 Healthcare
Dr. Reddys Lab Views Buy
Daily
View

Bullish reverse Head & Shoulder pattern breakout above 2520 should target 2700 at least. C
autious below 2380.
Weekly
View

Bullish reverse Head & Shoulder pattern breakout above 2475 should target 2800 - 3100. Buy
on decline towards 2400 or above 100 WSMA at 2474. Bearish on a failed breakout below
2225.

29
 Healthcare
Glenmark Pharma Views Sell
Daily
View

Bear-flag pattern with breakdown below 580 should target 540.

Weekly
View

Likely reverse bullish Head & Shoulder pattern with breakout above 620 should target 750.
Cautious below 50 WSMA at 580 targeting 480.

30
 Healthcare
Granules India Views Sell
Daily
View

Breakdown from bearish Head & Shoulder pattern at 100 should target 70 or lower. Sell on
rise towards 100.
Weekly
View

Likely completion of 1-2-3 pullback should be confirmed on weakness below 20 WSMA at 97

targeting 70 or lower. Breakout above 125 should nullify the bearish scenario and target 150
or higher.

31
 Healthcare
Lupin Views Sell
Daily
View

Breakdown from bearish Head & Shoulder pattern below 820 should target 700 or lower.
Bullish only above 20 DsMA at 890.
Weekly
View

Bullish reverse Head & Shoulder pattern with neckline resistance at 940 – 950 zones should
target 1000 - 1100 - 1250. Bearish on a failed breakout confirmation below 50 WSMA at 850
targeting 780 - 660.

32
 Healthcare
Strides Shasun Views Sell
Daily
View

Break from symmetrical pennant should target 350 or lower. Bullish on a failed break and
above 460 should target 550.
Weekly
View

Strong falling supply line at 500 – 510 zones. Bearish breakdown expected below 20 WSMA at
421. Fresh bullish above supply line resistance at 450 – 460 zones.

33
 Healthcare
Sun Pharma Views Neutral
Daily
View

Bearish flag pattern breakdown below 600 should target 550 or lower. Bullish only above 20
DSMA at 625.
Weekly
View

Likely bullish reverse Head & Shoulder pattern with neckline support at 590 should target
700+ levels. Bearish on failed breakout below 575 targeting 500 at least.

34
 Healthcare
Piramal Enterprises LTD Views Neutral
Daily
View

Bullish reverse Head & Shoulder pattern breakout above 2450 should target 2800 at least.
Continued bearish below 2000.
Weekly
View

Likely failed reverse Head & Shoulder pattern. Breakdown on range break below 2225
targeting 1600 at least. Bullish on strength above 2500.

35
 Inds. Gas & Fuels
Gail Views Buy
Daily
View

Rising supply line resistance at 350. Bullish only above 360 targeting 400+ levels otherwise
cautious.
Weekly
View

Channel trading within 410 – 320 should continue targeting upper resistance at 410 – 420
zones.

36
 Inds. Gas & Fuels
Mahanagar Gas Views Sell
Daily
View

Falling channel trading within 830 – 750 should be sell on weakness at 830 – 820 zones.
Bullish above 850.
Weekly
View

Likely breakdown from bearish Head & Shoulder pattern at 900 should target 640 - 600.
Rising channel break below 820 should see 680. Bearish on weakness below 800. Pullback
possible only on strength above 860.

37
 Inds. Gas & Fuels
BPCL Views Neutral
Daily
View

Strong gap resistance at 285 – 295 zones. Bullish only on strength above 320 targeting 450 –
460 zones. Short on weakness below 300 targeting 240 or lower.
Weekly
View

Rising trend-line support at 240. Bullish on strength above 240 should target 350 at least.
Break below 230 will see panic selling targeting 120.

38
 Inds. Gas & Fuels
HPCL Views Sell
Daily
View

Falling channel breakdown below 200 should target 140 at least. Bullish only on strength
above 230-240 zones otherwise cautious.
Weekly
View

Likely bear run to continue targeting demand line at 128 – 130 zones. Bullish only on strength
at 240 otherwise cautious.

39
 Inds. Gas & Fuels
IOC Views Sell
Daily
View

Falling range breakdown at 130 should target 85 at least. Sell on rally towards range-break
resistance at 130. Bullish above 150.
Weekly
View

Range breakdown at 150 should target lower support of the said range at 100. Sell on rise
towards 150.

40
 Inds. Gas & Fuels
Oil India Views Buy
Daily
View

Falling channel pattern trading within 220 – 180 zones. Bullish above 210 targeting pattern
breakout target at 60.
Weekly
View

Bearish rising wedge breakdown at 194 should target 130 at least. Bullish only above 200
targeting 260; otherwise cautious.

41
 Inds. Gas & Fuels
ONGC Views Neutral
Daily
View

Rising channel trading breakdown target has been achieved at 150. Likely pullback above gap
resistance at 163 will be bullish.
Weekly
View

Bearish Head & Shoulder pattern breakdown below 150 should target 120 or lower. Bullish
above range-break at 163 will be bullish otherwise cautious.

42
 Inds. Gas & Fuels
Reliance Industries Views Sell
Daily
View

Bearish bear-flag pattern with resistance at 1130 targeting 920 or lower.

Weekly
View

Pullback above supply line at 1120 should be bullish. Bullish breakout above 1130 otherwise
cautious.

43
 Inds. Gas & Fuels
MRPL Views Buy
Daily
View

Pullback after failed breakdown should target 91 – 92 at least.

Weekly
View

Channel breakout above 85 should target 100+ levels.

44
 Inds. Gas & Fuels
Chennai Petroleum Views Neutral
Daily
View

Bearish Head & Shoulder pattern breakdown at 270 should target 200. Bullish only above 275
otherwise cautious.
Weekly
View

Trend continuation symmetrical triangle pattern breakdown below 268 – 275 zones should
target 180.

45
 Bank - Public
Allahabad Bank Views Sell
Daily
View

Falling channel trading should be short at 37 targeting 32 or lower.

Weekly
View

Symmetrical triangle breakdown at 39 should target 30 at least. Bullish only on strength

above 43.

46
 Bank - Public
Andhra Bank Views Sell
Daily
View

Bearish pennant breakdown below 28 should be traded with bearish bias targeting 23. Bullish
on pullback above 32 should target 44.
Weekly
View

Falling channel pattern lower resistance at 28 should be sell on rise targeting 20-19 zones.
Bullish on strength above 30.

47
 Bank - Public
Bank Of Baroda Views Buy
Daily
View

Falling chanel trading should pullback towards 100 then likely 110 – 115 zones.
Weekly
View

Pullback above strong resistance at 95 should rise towards resistance at 110 or higher.
Breakdown below 90.

48
 Bank - Public
Bank Of India Views Sell
Daily
View

Bearish pennant pattern breakdown at 75 should target 65 at least.

Weekly
View

Falling channel trading within 100 – 70 zones. Bullish on strength above 80. Break below 70
should target 50.

49
 Bank - Public
Canara Bank Views Neutral
Daily
View

Trend continuation pennant breakdown at 210 should target 190.

Weekly
View

Expanding range trading within 310 – 210 zones. Bullish on strength above 210. Break below
205 should see price breakdown.

50
 Bank - Public
IDBI Bank Views Buy
Daily
View

Bullish reverse Head & Shoulder pattern breakout above 60 should target 66. Cautious below
55.
Weekly
View

Strong resistance zone at 65 - 66. Strength above 66 should see sharp rise towards 80 then
likely 90 or higher.

51
 Bank - Public
Indian Bank Views Sell
Daily /
View

Trend continuation bearish pennant pattern break below 215 should target at 160 or lower.
Weekly
View

Bearish Head & Shoulder pattern should target 140 or lower. Sell on rise towards pattern
neckline at 290. Bullish only on strength above 310 targeting 380 – 400 zones.

52
 Bank - Public
Oriental Bank Views Sell
Daily
View

Descending pennant pattern bullish above 64 targeting 75. Breakdown below 56 targeting 50
or lower.
Weekly
View

Breakdown from bearish Head & Shoulder pattern at 70 should reach 50 at least. Sell on rise
towards 70.

53
 Bank - Public
Punjab National Bank Views Sell
Daily
View

Bearish flag breakdown below 62 should target 52 at least.

Weekly
View

Breakdown from bearish Head & Shoulder pattern at 70 should reach 42 at least. Sell on rise
towards 70.

54
 Bank - Public
State Bank Of India Views Sell
Daily
View

Bearish flag pattern should breakdown below 255 targeting 230 or lower.
Weekly
View

Rising channel breakdown below 265 should target 230 at least. Bullish on failed break above
285.

55
 Bank - Public
Syndicate Bank Views Sell
Daily
View

Trend continuation falling wedge pattern break below 37 should target 28 or lower. Sell on
rise towards 36.
Weekly
View

Break of support at 36 should see downtrend towards 20. Sell on rise towards 36. Bullish only
above 42 otherwise cautious.

56
 Bank - Public
Union Bank Of India Views Sell
Daily
View

Trend continuation bearish flag pattern break below 65 should target 55 or lower.
Weekly
View

Falling range at 85 – 65 should break below 65 should target 52 at least. Bullish only above 73
targeting 85.

57
 Capital Goods
CG Power & Ind Solutions Views Sell
Daily
View

Rising channel breakdown should target 30 at least.

Weekly
View

Bearish Head & Shoulder pattern breakdown should target 30 – 25 zones. Sell on rise towards
pattern neckline resistance at 48.

58
 Capital Goods
Havells India Views Buy
Daily
View

Falling channel trading with bullish bias above 623. Breakdown below 550.
Weekly
View

Previous pivot high support at 592.5. Strength above 625 should find supply at 660-670.
Bearish below 550 targeting 500.

59
 Capital Goods
Siemens Views Buy
Daily
View

Failed break below falling support at 880 should trend up with bullish bias above 990
targeting 1090 or higher. Bearish below 870.
Weekly
View

Falling channel trading at the lower support of the said channel at 880. Strength at current
level should target upper resistance at 1000. Breakout above 1050 should trend towards
pattern target at 1170 - 1250 zones.

60
 ac
BEML Views SELL
Daily
View

Traders can go short on rise around 648 level as it is trading in strong bear trend.
Immediate support is placed at 515 and resistance at 672 mark.

Weekly
View

Breakdown from bear flag suggests weakness but hammer like candlestick pattern
indicates minor pullback rally. Crucial resistance is at 628. Support at 515 levels.

61
 CAPITAL GOODS
BEL Views SELL
Daily
View

Consolidating at lower level and if it moves above 88 then pullback rally can be
witnessed. Immediate resistance is placed at 97 levels and support at 69 levels.

Weekly
View

Sell on rise should be approached as it is trading in oversold zone but if it breaks 74 then
fresh momentum can be seen in favour of bears. Resistance stands at 96 & 104(20DMA)
and support is placed at 69 levels.

62
 CAPITAL GOODS
BHEL Views SELL
Daily
View

Higher low formation in daily scale indicates minor pullback rally and likely to face supply
around 82 mark. Support is placed at 64(swing low) mark.

Weekly
View

In a verge to form W pattern in weekly scale and if manages to move above 84 then short
term reversal can be witnessed. Resistance at 73(50MA) and support at 64(swing low)
levels.

63
 CAPITAL GOODS
Enginers India Views SELL
Daily
View

Pullback witnessed from lower level to test its breakdown level. If it breaks 112 mark
decisively then bear trend likely to resume. Resistance is placed at 126(100DMA) levels
and support stands at 98.

Weekly
View

Breakdown from consolidation phase indicates weakness until it crosses 129(200DMA)

levels. Crucial support is placed at 98 level.

64
 CHEMICALS
Asian Paints Views BUY
Daily
View

Decisive move above 1268(20DMA) can take the price higher till 1328(100DMA) levels..
Support stands at 1244(200DMA) levels

Weekly
View

Kind of piercing line candlestick pattern around its breakout level indicates pullback
towards 20DMA (1331) mark. Support at 1230(50DMA) and resistance stands at
1331(20DMA).

65
 CHEMICALS
Godrej Industries Views SELL
Daily
View

Piercing line candlestick pattern indicates pullback rally but overall trend is weak. Sell on
rise should be approached as it is trading far away from moving average. Resistance at
521(20DMA) and support at 442 levels.

Weekly
View

It is trading around support of 200DMA (464) hence pullback rally can be witnessed.
Resistance stands at 511 levels.

66
 CHEMICALS
PIDILITIND Views SELL
Daily
View

Trading below the important support of 200DMA (1019). Until it moves above 1019 the
price can may correct further. If it manages to move above 1019 then bull trend likely to
resume. Support stand at 895.

Weekly
View

Hammer candlestick pattern indicates pause in down side momentum and if it crosses
1004 then bull trend likely to resume. Support at 864 and resistance at 1089 levels.

67
 CHEMICALS
Berger Paint Views BUY
Daily
View

Trading around its multiple support area. On the upside if it moves above 289(20DMA)
then bull trend likely to resume. Support stands at 280 zones.

Weekly
View

Tweezer bottom candlestick pattern may lead to pullback towards 303(20DMA) mark.
Crossover above 303 can take the price further up. Support stands at 277 levels.

68
 AGRI
KAVERI SEEDS Views SELL
Daily
View

In daily scale it has broken its trend line support but unable to sustain below that level
which may lead to pullback rally. Negative sentiment likely to persist if it traders below
480 mark. Support is placed at 474 marks.

Weekly
View

Cup & Handle pattern breakout indicates bullish momentum. Buy on dips should be
approached and violation of 431 level will nullify the cup & handle pattern.

69
 AGRI
TATA CHEMICALS Views SELL
Daily
View

Break below upward sloping trend line should be traded with negative bias and sell on
rise should be approached. Support is placed at 622 levels and resistance at 692 levels.

Weekly
View

Long legged doji candlestick pattern is being observed around 100DMA(653) mark. If it
trades above 662 level decisively then it can take the price further up till 709 level.
Resistance at 716(50DMA) levels.

70
 AGRI
JAIN IRRIGATION Views SELL
Daily
View

Consolidating at lower level after breakdown from bear flag. Traders should wait for
pullback to go for fresh short. Resistance is placed at 71 level and support stands at 55
levels.

Weekly
View

Bear flag breakdown indicates weakness and sell on rise should be approached for
favourable risk reward ratio. Resistance stands at 71 and support at 55 levels.

71
 AGRI
TATA GLOBAL Views SELL
Daily
View

It is facing resistance at its falling trend line for multiple times. Traders should go for
short opportunity until it moves above 265. Support stands at 205 and resistance at
246(100DMA) & 265(200DMA) levels.

Weekly
View

Facing resistance at its falling trend line of 265 levels. Support stands at 201 and
resistance at 243 & 265 levels.

72
 AGRI
GSFC Views SELL
Daily
View

Breakdown level of 100 should act as supply zone. Sell on rise should be approached.
Support at 84 and resistance at 99(20DMA) levels.

Weekly
View

Break below 200DMA(100) indicates weakness. It is likely to trade negative until crosses
100 on closing basis. Support stands at 84 levels.

73
 AVIATION
JET AIRWAYS Views SELL
Daily
View

Formation of higher lows in daily scale may lead to pull back rally but overall trend is
weak. Support stands at 162 mark and resistance at 257(500DMA)

Weekly
View

Trading with a negative bias but pullback rally can be seen as it is trading in oversold
zone. Resistance at 299(20DMA) and support at 162.

74
 AVIATION
INDIGO Views SELL
Daily
View

It is trading in down trend below its all important moving averages. As it is trading in
oversold zone, pullback rally cannot be ruled out but sell on rise should be approached
until it crosses 925 levels. Support stands at 691 levels and resistance at 868.

Weekly
View

Hammer candlestick pattern may lead to pullback rally above 817. Support at 691 and
resistance at 910.

75
 CONSUMER DURABLES
VOLTAS Views SELL
Daily
View

Hovering around its breakdown level and if it breaks below 500 level then bear trend
likely to persist else minor pullback rally can be seen Immediate resistance stands at
543(20DMA) levels and support at 472 levels

Weekly
View

Hammer candlestick pattern around 100DMA(510) may lead to pullback rally above 519.
Support stands at 472 levels and resistance at 558(20DMA).

76
 DIVERSIFIED
CENTURY TEXTILE Views SELL
Daily
View

Trading below the breakdown level of horizontal trend line indicates weakness.
Support is placed at 720 level and resistance stands at 837(20DMA).

Weekly
View

Range breakdown and break below 200DMA (855) indicates weakness. Overall trend is
weak and sell on rise should be followed. Support stands at 720 mark and resistance at
856(200DMA).

77
 DIVERSIFIED
GRASIM Views SELL
Daily
View

Trading below its all important moving averages indicates weakness after breakdown
from upward slanting trend line but pullback rally cannot be ruled out as it is in oversold
zone. Support stands at 860(swing low) and resistance at 994 levels.

Weekly
View

Trading below upward slanting trend line indicates weakness. Decisive move below 860
can take the price towards 822 levels. Support stands at 822 levels and resistance at
1006(20DMA) levels.

78
 DIVERSIFIED
SRF Views SELL
Daily
View

Likely to witness sideways movement until it crosses 1907 mark decisively.Support

stands at 1615 levels and resistance stands at 1818(100DMA) levels.

Weekly
View

Hovering around 100DMA(1745) level and if it moves above 1817(20DMA) then pullback
rally cannot be ruled out. Support stands at 1530 (swing low) and resistance at
1892(50DMA) levels.

79
 FMCG
BRITANNIA Views BUY
Daily
View

Consolidating within a range with positive bias. If it trades above 7564 decisively then it
is likely to resume bull trend. Resistance stands at 6146(100DMA) and support at
5551(200DMA).

Weekly
View

Piercing line candlestick pattern indicates reversal in the trend. It is likely to trade
towards North in short term. Support stands at 5347 and resistance at 6180 mark.

80
 FMCG
COLPAL Views SELL
Daily
View

Trading its all important moving averages indicates weakness and likely to face resistance
at higher level around 1124(200DMA). If it manages to cross above 1124 then pullback
can be seen. Support stands at 1018.

Weekly
View

Hammer candlestick pattern with longer lower shadow indicates pause in down side
momentum. Support stands at 1018(swing low) and resistance at 1148(20DMA) levels.

81
 FMCG
DABUR Views BUY
Daily
View

Trading around its previous breakout level and if manages to cross 412 then pullback rally
can be seen. Support is placed at 379(200DMA) & resistance at 444 levels.

Weekly
View

Despite of correction it holding above 50DMA(375) levels. Bullish bias should continue in
near term above 418 mark. Support stands at 396 and resistance at 491 levels.

82
 FMCG
GODREJCP Views BUY
Daily
View

In current trajectory the stock is in pullback mode. If it crosses 768 mark then bull trend
likely to resume. Support stands at 680 and resistance at 774(20DMA).

Weekly
View

Long legged doji indicates indecisiveness. Sustenance above 739 likely to resume bull
trend. Support stands at 664(100DMA) and resistance at 833(20DMA).

83
 FMCG
HINDUNILVR Views BUY
Daily
View

Spinning top candlestick pattern is being observed above 200DMA(1516) level. If it

trades above 1577 then bullish momentum likely to persist. Support stands at 1516 &
resistance stands at 1652(100DMA) levels.

Weekly
View

Hammer candlestick pattern around 50DMA(1485) may lead to pullback towards

1663(20DMA) mark.

84
 FMCG
ITC Views BUY
Daily
View

Hovering above 200DMA(277) level. Above 277(200DMA) can take the price up till 286
mark.

Weekly
View

Hammer candlestick pattern is being observed around 50DMA(275) levels. If it moves

above 280 then it may move higher till 289 mark. Support stands at 263 levels.

85
 FMCG
JUILANT FOOD Views BUY
Daily
View

It is trading within a range after RSI exiting from oversold zone. If it manages to move
above 1231(200DMA) then bullish sentiment likely to persist.. Support stands at 1120
mark and resistance at 1315 levels.
Weekly
View

Trading around its previous breakout level. If it moves above 1205 then pullback likely to
continue till 1379(20DMA).

86
 FMCG
NESTLE INDIA Views BUY
Daily
View

Trading within a range above 200DMA (9121) support levels. If it moves above 100DMA
(10144) then bullish bias likely to resume.

Weekly
View

Hammer candlestick pattern is observed in weekly scale. If it traders above hammer high
9779 then up move can be seen. Support stands at 8926 and resistance at 10205 levels.

87
 FMCG
MARICO Views BUY
Daily
View

Trading around support level and in extremely oversold zone. Pullback rally cannot be
ruled out above 329 mark. Resistance stands at 343 levels and support stands at 304
level.

Weekly
View

Any attempt to cross above 326 should be traded with bullish bias. Resistance stands at
346 and support at 311.

88
 FURNISHING
KAJARIA CERAMICS Views SELL
Daily
View

Trading below the trend line indicates weakness. Likely to face supply around
382(20DMA). Support stands at 327.

Weekly
View

It is facing resistance at 405(Break down level) and support stands at 298 levels.

89
 IT
HCL TECH Views SELL
Daily
View

Negative divergence in RSI(14) indicates cautious approach. Likely to trade with negative
bias and If it breaks below 970(200DMA) then it may correct further. Resistance stands at
1007 levels and support stands at 970(200DMA).

Weekly
View

Big bear candle and break below 20DMA(994) indicates weakness Support stands at 956
and resistance at 1020.

90
 IT
HEXAWARE Views NEUTRAL
Daily
View

Huge correction in the stock has nullified the momentum. No trade setup is observed
and traders should wait for clarity.

Weekly
View

Hovering around 50DMA (400) levels. Support is placed at 372 and resistance stands at
450 levels.

91
 IT
INFOSYS Views BUY
Daily
View

Decent correction is being witnessed and manages to hold above 707(100DMA) levels.
Bull trend likely to persist if it crosses 685 mark. Support stands at 661 levels and
resistance at 717.

Weekly
View

Bull trend likely to resume above 681 mark else it may witness corrective rally. Support
stands at 661 & resistance at 729levels.

92
 IT
KPIT Views BUY
Daily
View

Trading with negative bias but short traders should be cautious as there is no volume
participation at lower level. Support stands at 186 and resistance at 226 mark.

Weekly
View

Pullback rally can be witnessed if it takes support at 100DMA(181) mark. Resistance

stands at 235 (50DMA) mark.

93
 IT
MINDTREE Views BUY
Daily
View

Lately it has witnessed triple top crossover but unable to sustain above it. If it manages
to move above 1114 then bull trend likely to resume. Support stands at 911(200MA)
levels and resistance stands at 1025.

Weekly
View

Triple top crossover with a rise in volume is being observed lately but failed to sustain at
higher level. If it crosses 1118 then bull trend likely to resume. Resistance stands at 1175
levels and support at 855(50DMA).

94
 IT
NIIT TECH Views BUY
Daily
View

Long position should be maintained till it holds 1028(200DMA). Below 1028 cautious
approach should be followed. Resistance stands at 1190.

Weekly
View

Support stands at 967 levels and resistance at 1197(20DMA). Overall trend is bullish but
currently it is in corrective mood.

95
 IT
TCS Views SELL
Daily
View

Gap down below 50DMA(2053) indicates pause in the upside momentum. Support stands
at 1903 levels and resistance at 2053.

Weekly
View

Break below 20DMA(1968) with rise in volume indicates short term corrective rally.
Support stands at 1711 and resistance at 2018.

96
 IT
TATA ELXSI Views SELL
Daily
View

In current trajectory 1025 should act as strong resistance. Break below 968 can witness
further correction. Support stands at Swing low of 922 and resistance at 1025 levels.

Weekly
View

Big bear candle indicates pause in bull trend. Support stands at 955(100DMA) and
resistance at 1141.

97
 IT
TECH MAHINDRA Views BUY
Daily
View

Hovering above its triple top crossover level indicates it is in firm of bulls. If it crosses
725 then bull trend likely to resume. Support stands at and resistance at 677 levels.

Weekly
View

Breakout from horizontal trend line is being observed but unable to hold at higher level.
If it crosses 725 then bullish bias likely to resume. Support stands at 630(50DMA) and
resistance at 781 levels.

98
 IT
WIPRO Views BUY
Daily
View

Hovering around 50DMA(326) and any attempt to move above 325 likely to resume
uptrend. Support stands at 305 levels and resistance at 338.

Weekly
View

Tipple top crossover is being observed but unable to hold the price at higher level. If it
manages to move above 328 then it is likely to test 364 on the upside.

99
 TEXTILE
ARVIND Views SELL
Daily
View

Sell on rise should be approached as it is exiting from oversold zone. Support stands at
275 levels and resistance at 343(20DMA) levels.

Weekly
View

Violation of channel indicates weakness until it crosses 343 mark. Support stands at 264
and resistance at 343(200DMA) levels.

100
 TEXTILE
PAGE Views BUY
Daily
View

After a corrective rally it is hovering around 100DMA(29495) mark. If it moves above

100DMA then Strong bull can be witnessed. Support is placed at 27550.

Weekly
View

Despite of sharp correction it has taken support at its previous breakout level.. Any
attempt to move above 30600 can witness upside momentum. Support stands at 25700
and resistance at 33700.

101
 TEXTILE
RAYMOND Views SELL
Daily
View

Sell on rise should be approached around 703(20DMA) mark. Support stands at593
levels and resistance at 734.

Weekly
View

Hammer candlestick pattern around 200DMA(630) mark may lead to support pullback
rally. Support stands at 593 mark and resistance at 756.

102
 MISCLLANEOUS
JUST DIAL Views NEUTRAL
Daily
View

Choppy move is being observed, hence wait for clarity. Resistance stands at
510(200DMA) levels and support at 409.

Weekly
View

Consolidating within a wide range of 639 & 327 levels. Decisive move above 638 can be
traded with bullish bias else be cautious. Support stands at 358 levels.

103
 RETAILING
BATA INDIA Views BUY
Daily
View

Shooting star candlestick pattern is being observed below 20DMA(949) levels. If it

manages to cross 949 then bullish momentum likely to resume else cautious. Support
stands at 900(100DMA) and resistant at 987 levels.
Weekly
View

Piercing line candlestick pattern around 20DMA(915) indicates end of corrective rally and
likely to witness upward move. Support stands at 813(50DMA) levels and resistance at
975.

104
 FINANCE
IDFC Views SELL
Daily
View

Sell on rise should be approached till it trades below 46. Support stands at 35 levels.

Weekly
View

Trading in bear trend and sell on rise should be approached. Resistance stands
47(20DMA) and support at 34 levels.

105
 FINANCE
IFCI Views SELL
Daily
View

Breakdown from triple bottom indicates weakness and sell on rise should be approached.
Resistance stands at 14.50 and support stands at 10.

Weekly
View

overall trend is weak and sell on rise should be approached. Support stands at 10 levels
and resistance at 15.70(20DMA)

106
 FINANCE
L&TFH Views SELL
Daily
View

Pullback rally can be witnessed but overall trend is weak. Support is placed at 115 levels
and resistance at 140 levels.

Weekly
View

Trading with corrective mood and likely to face supply at higher level around 151.
Support stands at 111(200DMA).

107
 FINANCE
M&MFIN Views SELL
Daily
View

Trading below all its important moving average and facing resistance at its moving
average 406(20DMA). Sell on rise should be followed till it crosses above 430(on closing
basis). Support stands at 342 levels.

Weekly
View

If breaks below 338(200DMA) then weakness can be seen. Resistance stands at

401(100DMA) levels.

108
 FINANCE
PFC Views SELL
Daily
View

It is trading within a negative bias below its all moving averages. Weakness likely to
persist in short term. Immediate hurdle is placed at 82(50DMA). Support stands at 67
level.

Weekly
View

The price has broken 20DMA (80) indicates weakness. Likely to witness selling pressure
until crosses 80. Support stands at 67 level.

109
 FINANCE
RELIANCE CAPITAL Views SELL
Daily
View

Pullback rally can be witnessed as it is exiting from oversold zone but overall trend is
weak. Support stands at 222 levels and resistance at 309(20DMA).

Weekly
View

Hammer candlestick pattern at lower level indicates minor relief rally. Resistance stands
at 364 and support stands at 220.

110
 FINANCE
REC LTD Views SELL
Daily
View

Overall trend is weak and sell on rise should be approached around 50DMA(110) levels..
Support stands at 94 mark.

Weekly
View

Hovering around 20DMA (110) and any kind of pullback rally can be utilized to go for
short at higher level. Support stands at 89 levels and resistance at 123.

111
 FINANCE
SHRIRAM TRANSPORT FIN Views SELL
Daily
View

It is trading with a negative bias and short should be created around 1131 level until it
crosses 1153. Support stands at 902.

Weekly
View

Support of 1092(200DMA) has taken out and long traders should be cautious.
Resistance stands at 1177(100DMA) and support stands at 902.

112
 FINANCE
BAJAJ FINSRV Views BUY
Daily
View

Bullish harami pattern is being observed and sustenance trade above 6014 likely to
resume bull trend. Resistance stands at 6328(100DMA) levels and support at 5430.

Weekly
View

Tweezer bottom candlestick pattern indicates bullish bias. Support stands at

4935(100DMA) and resistance at 6377(20DMA).

113
 FINANCE
MFSL Views SELL
Daily
View

Hovering below the breakdown level and if it moves below 350 then bear trend likely to
continue. Resistance stands at 405 levels and support at 350.

Weekly
View

Break below triple bottom suggests, corrective rally likely to take the price further down.
Support stands at 345 levels.

114
 FINANCE
SREI INFRA Views SELL
Daily
View

Sell on rise should be approached around 38(previous breakdown level). Support stands
at 29 levels and resistance at 38.

Weekly
View

Pullback can be seen as it is in oversold zone. Support stands at 29 and resistance stands
at 45 levels.

115
 FINANCE
UJJIVAN FIN Views SELL
Daily
View

Overall trend is weak but pullback rally cannot be ruled out as it is exiting from oversold
zone. Support stands at 222 level and resistance at 274(20DMA).

Weekly
View

Breakdown from triangle pattern indicates weakness but pullback rally cannot be ruled
out as it is in oversold zone. Support stands at 220 levels and resistance at 285.

116
 FINANCE
BAJAJ FINANCE Views BUY IN DIPS
Daily
View

Stock has rebounded from upward- sloping trend line and consolidating around 200 DMA
of 2109 marks. BAJFINANCE may enter into consolidation phase as ATR is trading around
higher levels suggesting a fall in volatility. Strong hurdle is seen around 2600.
Weekly
View

Stock has formed Bullish candle around rising trend line indicating a pause in down-fall.
Strong support is seen around 1950 levels. Till it sustains above these levels, any dip
towards 2050-2100 is a goof level to buy. Resistance at 2620 i.e. 61.8% Retracement
levels of recent downfall.

117
 FINANCE
Bharat Fin Inclusion Views Buy in Dips
Daily
View

In the daily charts, Price is trading around 50% Retracement levels i.e. around 950 levels
(drawn from low of 659 to high of 1238). Breakdown below 950 may drag BHARATFIN
further lower till 880 marks. Furthermore, Oscillators are trading extreme oversold zone.
Weekly
View

Stock rebounded from previous breakout levels i.e. 950 zone. Lately, Hammer formation
followed by a Bull candle at support levels suggesting possible change in trend. Till it
holds 950 marks, bounce-back from lower levels cannot be ruled out.
118
 FINANCE
HDFC Ltd Views Neutral
Daily
View

Post breakdown from a Pennant pattern, HDFC is likely to find temporary support
around 1600-1650 marks. Decisive break below 1650 may drag price further lower till
1530 zone.

Weekly
View

Stock is trading around its Inflection point i.e. rising trend line & previous swing low. Till
it holds above 1640 levels, bounce back from lower levels cannot be ruled out.
119
 FINANCE
CAPITAL FIRST LIMITED Views Avoid
Daily
View

CAPF is trading around Make or Break level i.e. previous breakdown zone. Sustenance
trade above 482 may add momentum on upside till 515 (20 EMA).
Weekly
View

Price has formed “Hammer” candlestick around up-ward sloping trend line signifying a
pause in down-move. CAPF may rebound till 520 marks which is a strong hurdle zone.

120
 FINANCE
CHOLAMANDALAM IN & FIN CO Views Sell on Rise
Daily
View

Stock rebounded from multiple supports of 1040 levels and has formed Hammer
candlestick pattern signifying possible change in short term trend. Price may witness a
throwback till 1270 marks which may work as stiff hurdle zone.
Weekly
View

Stock has rebounded from Internal trend line. Overall trend is down. Any pullback is
towards 1270 levels is a good levels to short.
121
 FINANCE
EQUITAS HOLDINGS LIMITED Views Sell on Rise
Daily
View

Equitas reverted back to its short term mean of 34EMA & previous breakdown levels i.e.
133 marks which may act as stiff hurdle zone.

Weekly
View

Price has bounced till previous breakdown levels i.e. 135 marks. Sustenance trade below
these levels may add pressure on price at higher levels.

122
 FINANCE
MANAPPURAM FINANCE LTD Views Sell on Rise
Daily
View

Stock rebounded from 66 odd levels and trading around 20 EMA of 79 marks. On hourly
time frame, probable formation of Inverted Head & Shoulder pattern indicating a pause
in recent downfall. Neck-line stands around 76 marks. Moreover, MACD has given
positive crossover on daily chart.

Weekly
View

Stock has formed ‘Spinning Top’ followed by Hammer candlestick pattern around weekly
200 moving average indicating indecisiveness among bulls and bears. It may witness a
pullback till 88-90 zones till it sustains above 70.

123
 FINANCE
MUTHOOT FINANCE LIMITED Views Neutral
Daily
View

Stock has entered into a consolidation phase and is likely to trade within a broader range
of 360-470 in near term.

Weekly
View

Likely to trade range-bound within 370-470 levels in near term.

124
 Finance
ICICI Pru Life Views Sell
Daily
View

Trend continuation pennant break below 360 should target 275 at least.
Weekl
y View

Channel breakdown at 360 should target 290 or lower. Sell on rise towards falling trend-line
resistance at 340.

125
 Automobile & Ancillaries
Amara Raja Batteries Views Range bound
Daily
View

Price is trading within a broader range of 710-900 zones. Closing below 710 may drag
AMARAJA Batteries further lower till 675 marks.

Weekly
View

Consolidating within range of 185 points. 700 is the trend reversal point. Support stands
at 710 and 665 levels
126
 Automobile & Ancillaries
Exide Industries Views Sell on Rise
Daily
View

Exide is consolidating around 240 zones. Breakdown below 240 may add fresh
momentum on downside. Next support comes around 232 levels.
Weekly
View

Exide has formed Piercing line candlestick pattern on weekly chart suggesting a trend
reversal. Below 240, price may fall till 228 marks i.e. rising trend-line.

127
 Automobile & Ancillaries
Apollo Tyres Views Neutral
Daily
View

Price is consolidating around 200 marks i.e. Target of Head & Shoulder pattern which
may act immediate support zone. Hurdle is seen around 219 & 230 marks.

Weekly
View

On weekly time frame, Price has formed Bullish Engulfing pattern which is bullish in
nature. It may witness some up-move till 240 marks which may work as stiff hurdle
zone.

128
 Automobile & Ancillaries
Bharat Forge Views AVOID
Daily
View

Price is trading below previous pivot low. Positive divergence in RSI suggesting a
pullback from lower levels. Breakdown below 552 would resume down-fall.
Weekly
View

Long Legged Doji at weekly 200 DMA signifying indecisiveness at lower levels. Support is
seen around 550 levels and hurdle at 630.
129
 Automobile & Ancillaries
Castrol India Views Avoid
Daily
View

Price is likely to revert back to its medium term mean i.e. 50 DMA of 154 marks which is a good level to
create short position.

Weekly
View

Stock is trading in strong downtrend on weekly time frame. Any pullback till 151-152 is a good selling
zone.

130
 Automobile & Ancillaries
Ceat Views NEUTRAL
Daily
View

Multiple Doji candlestick patterns around 1030 marks are indicating indecisiveness among bulls &
bears. Furthermore, Oscillators are trading in oversold zone with positive divergence is suggesting a
pause in down-move. Strong support stands around 995 levels.
Weekly
View

On weekly chart, formation of small bull candle around up-ward sloping trend-line is signifying lack
of momentum on downside. Breakdown below 1030 may add fresh momentum on downside.

131
 Automobile & Ancillaries
Cummins India Views Buy on Dips
Daily
View

Cummins is trading within a broader range of 600-810 levels. Till it sustains above 600
marks, bounce back from levels cannot be ruled out.

Weekly
View

Trading within a broader range of 600-800 levels. Now it has to close on either side to
decide the trend.

132
 Automobile & Ancillaries
MRF Views Sell on Rise
Daily View

Stock found support around 60500 levels. It may retest its short term moving
averages of 20EMA & 34 EMA i.e. 65200 & 67400 respectively. Positive crossover in
MACD is indicating a halt in downtrend.
Weekly View

On the weekly chart, MRF trading around Make or Break level. Breakdown below
61000 may take prices lower till 58500 marks.

133
 Automobile & Ancillaries
BALKRISHNA IND. LTD Views Sell on Rise
Daily View

Stock is consolidating around its trend-line. Breakdown below 970 zones, price may
resume its down move till 860 marks.
Weekly
View

Price has given breakdown from lower band of the channel indicating weakness. Any
rise towards 1120-1130 zones is a good level to take short position.

134
 Cement
Dalmia Bharat Ltd Views Sell on Rise
Daily
View

Price took support around lower band of Falling Channel. It might revert back to its short
term mean of 20EMA i.e. 2280 levels which is likely to act as stiff hurdle.
Wee
kly
View

Price took support around lower band of Falling Channel. Decisive move above 2190 may
add momentum on up-side.

135
 Cement
ACC Views Buy Above
Daily
View

Stock took support around 61.8% Retracement levels stands around 1410 levels.
Breakdown below 1410 ACC may fall further lower.
Weekly
View

ACC is trading within a narrow range of 1400-1560 levels on weekly chart. Now it has to
cross 1560 marks to add upside momentum.

136
 Cement
Ambuja Cements Views Neutral
Daily
View

Stock rebounded from Internal Trend-line i.e. around 200 levels. Now it has to cross 225
marks to resume its up-move.
Wee
kly
View

On weekly chart, Price successively closed above rising trend-line signifying strength of bulls.
Price is likely to trade within a Symmetric Triangle in near term.

137
 Cement
India Cements Views Sell on Rise
Daily
View

Range-bound within 90-130 zones. Breakdown below 90 would add momentum on

downside till 50 marks i.e. Target of range.

Weekly
View

Strong support stands around 90 levels. Below 90 marks, India Cement may resume its
down-move.

138
 Cement
Ultratech Cement Views NEUTRAL
Daily
View

Stock has formed Double Bottom pattern around 3600 which is likely to act as demand
zone. Breakdown below 3600 may drag ULTRACEMCO further lower.

Weekly
View

On weekly chart, Hammer formation around support levels indicating a possible change in
trend. Support is seen around 3600 levels.
139
 Cement
RAMCO CEMENTS LIMITED Views Sell Below
Daily
View

Fresh breakdown from Descending Triangle indicating resumption of previous down-fall

till 500 zones i.e. Target of the pattern.
Weekly
View

On weekly chart, price is trading within a Broadening Triangle pattern. Support stands
around 555 marks.

140
 Cement
SHREE CEMENT LIMITED Views NEUTRAL
Daily
View

Price took support around 78.6% Retracement levels which is good support zone.
Breakdown below 14600 would further momentum on downside.

Weekly
View

Trading within a broader range of 15200-20050 levels and is likely to remain capped
within the range in near term.

141
 Mining & Metals
Coal India Views Sell Below
Daily
View

Trading around key support levels of 260. Breakdown below this would add momentum
on downside.

Weekly
View

Coal India is trading within a Symmetric Triangle. Breakdown below 260 would add
momentum on downside which may take prices further lower till 235 zones.

142
 Mining & Metals
NMDC Views NEUTRAL
Daily
View

Trading below breakdown upward sloping trend-line. Below 104, price may come down
till 95 zone i.e. lower band of the trading range.
Weekly
View

NMDC is trading around its key support zone. Weekly closing below 108 may drag prices
lower till 100 zones.
143
 Mining & Metals
Hindalco Industries Views RANGE-BOUND
Daily
View

On the daily chart, Hindalco rebounded from 61.8% retracement levels and is likely to
face strong resistance at 245 zone.

Weekly
View

On weekly chart, Hindalco is capped within a Symmetric Triangle pattern and is likely to
trade within the broader range of 200-250 levels in coming days.

144
 Mining & Metals
Hindustan Zinc Views BUY Above
Daily
View

Lately, Prices has formed Double Bottom pattern on daily chart. It may remain capped
within a broader range of 260-310 levels.
Weekly
View

Long legged doji around lower band of rectangle pattern indicating a bounce-back till
300 zone in near term

145
 Mining & Metals
Vedanta Views BUY
Daily
View

Multiple bullish candles around lower band of consolidation phase is signifying possible
change in short term trend. Strong support is seen around 200 marks.

Weekly
View

On weekly chart, VEDL has formed Double bottom pattern around 200 marks. Breakdown
below 200 would add fresh momentum on downside.

146
 Mining & Metals
NATIONAL ALUMINIUM Views Sell on Rise
Daily
View

Rebounded from Neckline of Descending Triangle. Till it sustains above 55 zones, Stock
may bounce till 75 marks.

Weekly
View

Formation of Descending Triangle indicating weakness to continue in near term.

Support is seen around 55 marks. Below it, National Aluminium might fall further lower.

147
 Iron & Steel
Jindal Steel & Power Views Sell on Rise
Daily
View

Stock has taken support at lower band of Falling Channel. It might revert back to its
short term mean of 195 levels i.e. 20EMA.
Weekly
View

Probable formation of ‘Morning Star’ candlestick pattern around support zone

indicating possible change in trend.

148
 Iron & Steel
JSW Steel Views BUY
Daily
View

Breakout above 382 levels would add fuel on upside till 420 zones.
Weekly
View

Bull candle around previous swing high after a recent fall is signifying resumption of
previous uptrend. Strong support is around 340 levels.
149
 Iron & Steel
SAIL Views Sell on Rise
Daily View

Post breakdown from a Head & Shoulder pattern, Price is likely to rise till 72-73 zones
which is a good level to short the stock.

Weekly
View

Price has taken support around weekly 200 simple moving averages i.e. around 62
levels. Till it sustains below 70 marks, SAIL is likely to trade with negative bias.

150
 Iron & Steel
Tata Steel Views BUY
Daily
View

Tata Steel is consolidating 61.8% Retracement level on daily chart. Till it holds below
625, Stock is likely to remain in corrective phase.
Weekly
View

Need to close above 625 levels on weekly basis to gain upside momentum

151
 Logistics
Adani Ports Views AVOID
Daily
View

Post breakdown from a bearish pattern, Adani Ports is consolidating at lower levels. It
may find strong hurdle around 345 zones.

Weekly
View

Formation of Piercing line is indicating a temporary pause in down-move. Furthermore,

Oscillators are trading in oversold zone. Price may bounce till 351 marks in near term.

152
 Logistics
Container Corp Views Range Bound
Daily
View

Price is trading within a Symmetric Triangle. Breakout or Breakdown on either side would
dictate the trend in near term. Till it trades within a pattern, one should avoid taking
trade on this stock.
Weekly
View

Price closed above its breakdown zone indicating strength. Strong hurdle is seen around
665 levels. It may trade within a range of 580-670 marks in near term.

153
 Power
CESC Views Sell on Rise
Daily
View

Completion of Bullish AB=CD pattern indicating temporary reversal in trend. Price may
rally till 945 zones.

Weekly
View

Inverted Hammer followed by strong bullish candle signifying a temporary halt in down-
move. Breakdown below 800 may take prices further lower till 735 levels i.e. 200 weekly
simple moving average.

154
 Power
NTPC Views Sell Below
Daily
View

NTPC is trading within a Pennant. Breakdown below 161 would add fresh momentum on
downside.

Weekly
View

Price is consolidating around upper band of Falling Channel indicating trend reversals. It
may fall till 145 marks in near term.

155
 Power
Power Grid Corp Views Buy Above
Daily
View

Stock is consolidating below rising trend-line. Below 184 may take prices further lower
from here.

Weekly
View

Stock is consolidating below rising trend-line. Below 184 may take prices further lower
from here.

156
 Power
PTC India Views AVOID
Daily
View

Momentum oscillators are trading below oversold zones; price may witness a temporary
pullback till 85 levels.

Weekly
View

Strong Bull candle around support zone i.e. 65 levels is indicating a trend reversal. It may
witness a pullback till 84 levels in near term.

157
 Power
Reliance Infrastructure Views Sell on rise
Daily
View

Price may revert back to its breakdown levels i.e. 359 which is a good zone to short.

Weekly
View

Double Bottom at 275 levels indicating a short term trend reversals. Stock may rally till
360-365 levels.

158
 Power
Tata Power Company Views NEUTRAL
Daily
View

Price closed above rising trend-line with high volume indicating accumulation of stock at
lower levels. Strong hurdle is seen at 75-77 levels.
Weekly
View

Price has closed above breakdown level signifying bulls strength at lower levels. It may
rise till 75-77 marks in near term.

159
 Power
Torrent Power Views BUY in Dips
Daily
View

Stock is trading around lower band of trading range i.e. 275-200 levels. Till it sustains
above 200 marks, price may trade within these levels.

Weekly
View

Price is trading around lower band of consolidation phase. Till it holds 200 marks, bounce-
back from lower levels cannot be ruled out.

160
 Infrastructure
IRB Infra Views Sell on Rise
Daily
View

Small candles at lower levels indicating lack momentum on downside. It may revert back
to 34 EMA i.e. around 156-158 levels.

Weekly
View

Stock is trading in extreme oversold zone and may witness a pullback till 156 marks.

161
 Infrastructure
Larsen & Toubro Views Buy on Dips
Daily
View

LT has rebounded from rising trend-line which may work as immediate support levels.
Below 1210 may drag LT lower till 1180.
Weekl
y View

Consolidating around previous breakout levels. Below 1210 may take LT lower till 1085
marks i.e. weekly 200 Simple moving averages.

162
 Infrastructure
NCC Views Range Bound
Daily
View

NCC took support around lower trend-line. It may witness a temporary pull back till 82-
83 marks.

Weekly
View

Hammer formation around 61.8% Retracement level on weekly chart indicating a short
term reversal in trend. Moreover, positive divergence in RSI suggesting a pull-back from
lower levels. Near term hurdle is around 88.

163
 Trading
MCX Views Sell
Daily View

MCX rebounded from 660 levels which may act as strong support levels. Near term
hurdle is seen around 797 zone
Weekly
View

On weekly chart, Double bottom formation around 660 levels and multiple bullish
reversal pattern is indicating a trend reversal. Breakout above 770 would take MCX
further higher till 850 marks.
164
 Trading
Adani Enterprises Views AVOID
Daily MACD (-9.28845)
15
10
View 5
0
-5
-10
-15
Relative Strength Index (45.1673)
80
70
60
50
40
30

Adani Ent (140.100, 145.400, 140.100, 143.850, +5.65001)

240
230
220
210
200
190
180
170
160
150
140
130
120
110
100

50000
x1000

November December 2018 February March April May June July August September October

Trading below its major moving average of 200 DMA i.e. around 164 marks. May find
support around 103-105 zone.

Weekly MACD (-0.90314) 20

15

View 10
5
0
-5
-10
Relative Strength Index (46.2125)
80
70
60
50
40

Adani Ent (129.000, 147.850, 121.350, 143.850, +13.6500) 260

250
240
230
220
210
200
190
180
170
160
150
140
130
120
110
100
90
80
70

10000
x10000

Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Big bear candle due to demerger of stock. Technically, it may find strong support at 105
levels.

165
 Telecom
Bharti Airtel Views Sell
Daily MACD (-21.5491) 5
0

View -5
-10
-15
-20

Relative Strength Index (24.1546)

60
50
40
30
20

*Bharti Airtel (288.000, 292.600, 284.650, 290.050, +4.69998) 450

440
430
420
410
400
390
380
370
360
350
340
330
320
310
300
290
280

50000
x100
28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29
June July August September October

Consolidating at lower levels. Small candles indicating lack of momentum on downside.

Below 285 marks, prices may gain momentum on downside.

Weekly MACD (-19.0684)

30
View 20
10
0
-10
-20
Relative Strength Index (26.7837) 80
70
60
50
40
30

*Bharti Airtel (298.800, 303.800, 282.250, 290.050, -8.55002)

550

500

450

400

350

300

50000
x1000
A M J J A S O N D 2015 M A M J J A S O N D 2016 M A M J J A S O N D 2017 M A M J J A S O N D 2018 M A M J J A S O N D

Has taken support at 285 marks. Till it sustains above these levels, bounce back from
lower levels cannot be ruled out.
166
 Telecom
Tata Communications Views AVOID
Daily MACD (-13.9493)
30
20
View 10
0
-10
-20
Relative Strength Index (37.6065) 80
70
60
50
40
30
20
Tata Comm (484.000, 496.600, 479.750, 484.650, +1.04999) 800

750

700

650

600

550

500

450

400

350

300
50000
x100
2015 M A M J J A S O N D 2016 M A M J J A S O N D 2017 M A M J J A S O N D 2018 M A M J J A S O

Next Support comes around 450 levels. Momentum indicators are trading in extreme
oversold zone. Pullback from lower levels cannot be ruled out.

Weekly MACD (-34.0834) 50

View
0

Relative Strength Index (28.5130) 80

70
60
50
40
30

Tata Comm (466.600, 499.600, 445.500, 484.650, +11.5500)

800
750
700
650
600
550
500
450
400
350
300
250
200
150
100

50000
x100

2012 2013 2014 2015 2016 2017 2018

On weekly chart, Price has formed Doji pattern around trend line indicating
indecisiveness among buyers and sellers at current levels. Support at 450 levels.

167
 Realty
DLF Views SELL
Daily
View MACD (-11.9037) 10
5
0
-5
-10

Relative Strength Index (37.6666) 70

60
50
40
30

DLF (155.700, 161.050, 155.700, 157.650, +4.20000) 280

270
260
250
240
230
220
210
200
190
180
170
160
150
140

10000
x1000

December 2018 February March April May June July August September October

Stock has multiple supports around 142-146 levels. Strong is around 170 levels. Above
170, DLF may bounce till 180.

Weekly MACD (-9.06404) 20

15

View 10
5
0
-5
-10
-15
Relative Strength Index (35.7353) 80
70
60
50
40
30

DLF (149.250, 165.400, 146.150, 157.650, +8.39999)

250

200

150

100

10000
x10000
O N D 2015 M A M J J A S O N D 2016 M A M J J A S O N D 2017 M A M J J A S O N D 2018 M A M J J A S O N D

On weekly time frame, DLF has taken support at up-ward sloping trend line. Till it
sustains above 145 marks, bounce back from lower levels cannot be ruled out.

168
 Realty
NBCC Views Sell on Rise
Daily
View

Bearish candle below support levels is indicating weakness till 50 zone i.e. psychological
marks. Small candles signifying lack of momentum on downside. May witness a pullback
from lower levels.

Weekly
View

Strong support at 55 & Resistance at 68

169
 Bank - Private
DCB Bank Views NEUTRAL
Daily MACD (-3.82059)
5

View 0

-5

Relative Strength Index (56.9765) 80

70
60
50
40
30

DCB Bank (149.350, 163.950, 149.350, 162.250, +10.6500)

215
210
205
200
195
190
185
180
175
170
165
160
155
150
145
140
135
10000
x1000

June July August September October November December 2018 February March April May June July August September

Has given breakdown. Any rise around 172-173 levels is good zone to short DCB Bank.

Weekly MACD (-5.36996) 20

15
View 10
5
0
-5
-10

Relative Strength Index (46.6093)

80
70
60
50
40
30

DCB Bank (142.750, 163.950, 140.000, 162.250, +16.3500) 220

210
200
190
180
170
160
150
140
130
120
110
100
90
80
70
60
50
40
30

50000
x1000
A MJ J A S O D 2013 A M J J A S O D 2014 A M J J A S O N D 2015 A M J A S O N D 2016 A M J A S O D 2017 A M J A S O D 2018 A M J A SON D

Price has rebounded from support of 138 levels. Now it may rally further till 173 marks
which may work as immediate support levels.

170
 Bank - Private
HDFC Bank Views BUY on dips
Daily MACD (-22.6196)
30
20
View 10
0
-10
-20
-30

Relative Strength Index (47.4528)

70
60
50
40
30

*HDFC Bank (1,945.00, 1,997.10, 1,942.00, 1,981.85, +44.2999) 2250

2200
2150
2100
2050
2000
1950
1900
1850
1800
1750
1700
1650
1600
1550
1500

10000
x1000

September October November December 2018 February March April May June July August September October

Stock is trading around up-ward sloping trend line. Till it holds above this line, value
buying at lower levels cannot be ruled out.

Weekly MACD (5.41495) 100

View 50

0
Relative Strength Index (44.6578)
80
70
60
50

*HDFC Bank (1,965.00, 1,997.10, 1,917.60, 1,981.85, +16.5499) 2300

2200
2100
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900

50000
x1000

Dec 2017 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

On weekly time frame, Stock is trading around its support of 1900 levels i.e. upward
sloping trend line. If it sustains above this, bounce-back from lower levels cannot be
ruled out.

171
 Bank - Private
IDFC Bank Views AVOID
Daily MACD (-2.15609)
2
View 1
0
-1
-2

Relative Strength Index (40.2516) 80

70
60
50
40
30
20

IDFC Bank (35.5000, 36.7500, 35.5000, 36.5000, +1.35000)

70

65

60

55

50

45

40

35

30
10000
x10000

September October November December 2018 February March April May June July August September October

Taken support near previous pivot low signifying loss of momentum on downside. Till it
sustains above 32, price may witness a pullback.

Weekly MACD (-2.20151)

5
View
0

Relative Strength Index (35.7487) 80

70
60
50
40
30

IDFC Bank (35.4500, 36.7500, 32.7000, 36.5000, +1.15000) 85

80

75

70

65

60

55

50

45

40
35

30

2015 2016 Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Hammer formation at lower trend-line indicating a possible change in trend. Support is

seen around 32 levels.
172
 Bank - Private
IndusInd Bank Views BUY on dips
Daily MACD (-66.3355)

View 0

-50

Relative Strength Index (39.8658)

70
60
50
40
30
20
*IndusInd Bank (1,611.90, 1,659.50, 1,606.00, 1,652.70, +60.1499)
2050
2000
1950
1900
1850
1800
1750
1700
1650
1600
1550
1500
1450
1400
1350
1300
1250
1200
1150

30000
x100

April May June July August September November 2018 February April May June July August September

Price rebounded from multiple support zones of 1560-1580 levels. One can start
accumulating Indusind Bank around current levels with Stop-loss of 1550 on closing basis
for higher levels of 1750.
Weekly MACD (-31.1580)

View 50

Relative Strength Index (33.5946)

70
60
50
40
30

*IndusInd Bank (1,606.00, 1,666.85, 1,581.40, 1,652.70, +45.3500) 2100

2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500

10000
x1000
Nov Dec 2016 Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Mar Apr May Jun Jul Aug Sep Oct Nov Dec

On weekly time frame, Inflection a point stands around 1570-1600 zones which is a good
levels to accumulate the stock.

173
 Bank - Private
Kotak Mahindra Bank Views Buy on Dips
Daily View MACD (-31.8833) 40
30
20
10
0
-10
-20
-30
-40

Relative Strength Index (49.7426) 80

70
60
50
40
30

*Kotak Mahindra Bank (1,122.00, 1,173.15, 1,122.00, 1,167.15, +51.6000) 1450

1400

1350

1300

1250

1200

1150

1100

1050

1000

950

December 2018 February March April May June July August September October

Kotak Bank is trading strong hurdle at 1225 levels. It has to cross these levels decisively
to move further higher.
Weekly MACD (-9.49810)

View 50

Relative Strength Index (44.9446) 80

70
60
50
40
30
*Kotak Mahindra Bank (1,050.05, 1,173.15, 1,044.15, 1,167.15, +114.950)
1400
1300
1200
1100
1000
900
800
700
600
500
400
300

S O N D 2015 M A M J J A S O N D 2016 M A M J J A S O N D 2017 M A M J J A S O N D 2018 M A M J J A S O N D

On weekly chart, price rebounded from previous swing low. Now it may find hurdle
around 1210 levels.

174
 Bank - Private
Karnataka Bank Views Sell on Rise
Daily
View MACD (-4.25415)

-5

Relative Strength Index (37.0385)

70
60
50
40
30

Karnataka Bank (99.5000, 107.000, 96.3000, 98.3000, -0.50000) 175

170
165
160
155
150
145
140
135
130
125
120
115
110
105
100
95
90

September October November December 2018 February March April May June July August September October

Breakdown from consolidation phase and is likely to fall further from here till 81-84
zones.

Weekly MACD (-6.15063)

10

View 5
0
-5
-10
-15

Relative Strength Index (31.5799)

70
60
50
40
30

Karnataka Bank (96.0000, 107.000, 95.6000, 98.3000, +2.05000)

180
170
160
150
140
130
120
110
100
90
80
70

J A S O N D 2014 A M J J A S O N D 2015 A M J J A S O N D 2016 A M J J A S O N D 2017 A MJ J A S O N D 2018 A MJ J A S ON D

Trading below all its major moving averages on weekly time frame indicating sell-off to
continue in near term. Support is seen around 81 marks.

175
 Bank - Private
Yes Bank Views Cautious
Daily MACD (-25.1265) 10
0

View -10
-20
-30
-40
Relative Strength Index (44.2192) 80
70
60
50
40
30
20

*Yes Bank (247.000, 254.400, 244.500, 246.450, +6.25000)

400

350

300

250

200

150

September October November December 2018 February March April May June July August September October

Supports are 175 & 120 and Resistance at 285 levels.

Weekly MACD (-24.6255)
20
View 10
0
-10
-20

Relative Strength Index (37.9504)

80
70
60
50
40
30
20
*Yes Bank (210.000, 268.950, 207.400, 246.450, +40.4500)
400

350

300

250

200

150

100

50

J A S O N D 2014 A M J J A S O N D 2015 A M J J A S O N D 2016 A M J J A S O N D 2017 A M J J A S O N D 2018 A MJ J A S ON D

Supports are 175 & 120 and Resistance at 285 levels.

176
 Bank - Private
RBL BANK LIMITED Views Buy in Dips
Daily MACD (-18.3824) 15
10

View 5
0
-5
-10
-15
-20
-25
Relative Strength Index (44.4344) 80
70
60
50
40
30

RBL Bank (527.700, 549.800, 525.000, 526.850, +7.19995)

650

600

550

500

450

15 22 29 5 12 19 26 5 12 19 26 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29
February March April May June July August September October

Price took hurdle around 34 EMA of 550 zone. Strong support stands around 485 levels.

Weekly MACD (4.55749)

50
40
View 30
20
10
0
-10

Relative Strength Index (45.4457)

80
70
60
50
40

RBL Bank (490.250, 549.800, 483.200, 526.850, +36.6000)

650

600

550

500

450

400

350

300

250

2016 Oct Nov Dec 2017 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Trading at Make or Break levels. Till it holds above 500 zone may witness a pullback.

177
 Bank - Private
AXIS BANK Views BUY
Daily
View

Hovering around previous breakout level and if it manages to cross 610(50DMA) then
bull trend likely to resume. Support stands at 556 level and resistance at 597.

Weekly
View

Likely to trade sideways and if it manages to cross 617 then strong bull trend likely to
resume. Support stands at 519 levels and resistance at 617.

178
 Bank - Private
ICICI BANK Views BUY
Daily
View

Sideways movement likely to witness and any attempt to move above 322 can take the
price higher. Support stands at 302 level and resistance at 322.

Weekly
View

Above 325 pullback can be witnessed. Support stands at 304 levels and resistance at 346.

179
 Bank - Private
FEDERAL BANK Views SELL
Daily
View

Positive divergence in RSI indicator may lead to pullback rally towards 81 mark. Support
stands at 67.

Weekly
View

Pullback rally can be witnessed till 78 mark. If it crosses 79 mark decisively then upmove
cannot be ruled out. Support stands at 63 mark.

180