Technical Pick: Reliance,ITC and JSW Steel

Reliance Reliance share has broken its medium term trendline and stock gave waterfall decline 823 to 764 in 3 trading sessions. Stock has come near its demand zone of 764 and bounced back sharply in last trading session.Stock is also trading below its 200 DMA which gives bearish indication for short term. Sell below 771 … Read more

Technical Pick: HDFC, Siemens and Tata Motors

Tata Motors Tata Motors after making the swing high of 311 has been falling like 9 pins with rest of the market. Stock broke it all important support of 280 and is now near its important support of 200 DMA, which stock has been defending from past 3 trading sessions.Holding the same pullback can be … Read more

SBI,BHEL and Bajaj Auto Technical View

SBIN SBI made the high of 2236 on budget day which was exact its rising trendline resistance as shown in above chart.SBI made a low of 2051 and than having a slow and steady rise.Stock is approaching a crucial resistance region of 2263-2284 which needs to be watched closely . Buy above 2262 Tgt 2284,2300 … Read more