Dewan Housing Finance Corporation Ltd – 14.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 679 (Resistance zone) DHFL could resume rise towards previous highs. Main rule - stock must stay inside channel or above 600 mark. Close above 679 and next target will be channel resistance. If DHFL fails to stay above 600 mark then we could see... Continue Reading →

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NIIT Technologies Ltd – 14.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 735 (Resistance zone) Currently seems like this shouldn't be a top yet. But stock could try to reach 663 before rise resumes. Close above 735 would confirm further rise. If there is close below 663 then further weakness is more likely. To confirm trend... Continue Reading →

Thirumalai Chemicals Ltd – 11.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 2440 (Previous highs) If TIRUMALCHM is able to stay above 2194 Support zone then we will see new highs pretty soon. If there is close below this level next stop will be channel support. While inside channel trend is strong and rise can resume... Continue Reading →

TVS Motor Company Ltd – 11.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 794 (Previous highs) This stock has been very strong for long time already. It has ignored many bearish patterns on bigger timeframes and just keeps heading North slowly. Today TVSMOTOR reached Support zone. Perfect place for bulls to resume rise. Close above all time... Continue Reading →

The Byke Hospitality Ltd. – 04.01.2018.

Daily Sentiment: Bearish. Weekly Sentiment: Bearish. Trend Strength: Moderate First Target: 168 (Support zone) It's hard to talk about rise while stock holds below 190 mark. Need close above 190 then stock could reach previous highs. While BYKE holds below Resistance zone weakness is more likely. Close below 168 and next stop will be around... Continue Reading →

Talwalkars Better value Fitness Ltd. – 04.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 340 (Resistance zone) Currently 286 Support zone looks like perfect buying zone. Of course, rise can resume also without reaching Support zone because trend is Strong. I believe stock should clear 340 mark with next try. If there is close below 286 then most... Continue Reading →

Lupin Ltd. – 04.01.2018.

Daily Sentiment: Bearish. Weekly Sentiment: Bearish. Trend Strength: Strong First Target: 806 (Support zone) This looks like 'Dead cat bounce' right now. If LUPIN starts to fall from this 900 Resistance zone I think it will clear 806 mark. Main target for now is around 740 mark. If there is close above 900 mark next... Continue Reading →

Avanti Feeds Ltd. – 04.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Moderate First Target: 2941 (Resistance zone) While stock holds above trendline target will remain 2941. But if AVANTIFEED gets below trendline get ready for massive fall towards 1801 Support zone. Currently stock doesn't look very well and this trendline could be last hope for bulls. Close above... Continue Reading →

Akzo Nobel India Ltd. – 04.01.2018.

Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 2089 (Resistance zone) While AKZOINDIA holds above 1824 it has great potential to reach previous highs. Close above 2089 would confirm further rise. Close below 1824 would be sign of weakness. To confirm trend change and further fall need close below 1711.

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