Bandhan Bank has been trading in a steady downtrend and is facing selling pressure on every rise
Berger Paints after the recent up move has been consolidating in a narrow range around its record high
IGL has witnessed a breakout from the consolidation range of Rs 500-545 levels after spending nearly four months there
Britannia has been trading in a broader consolidation range of Rs 3,350-3,840 for the last one year and is currently hovering in the middle
MGL witnessed a fresh breakout from the consolidation range on June 15 and made new record highs as well
HDFC Life has formed a strong base after hovering in a narrow range for nearly a month and looks set to reverse the short-term downtrend
IGL has been consolidating in a range for the last three months while holding firmly above the support zone of the long-term moving averages
The overall chart pattern of Asian Paints indicates that the prevailing momentum is likely to continue
HDFC Bank has also rebounded sharply and surpassed the resistance zone of moving averages ribbon on the daily chart
Gail has witnessed a fresh breakout on Tuesday, after spending nearly one and a half months in a consolidation range
Most metal stocks are trading at their record highs and showing no sign of slowing down
Hind Petro has been witnessing profit-taking in line with other OMCs and now reached its major support zone of long-term moving average(200 EMA) on the daily chart
The favorable indication from the pharma index is added positive for Biocon's stock
Motherson Sumi has witnessed a breakdown from a distribution pattern on the daily chart
Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month
Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames
LIC Housing Finance has witnessed a fresh breakout of late, after spending nearly a month in a consolidation range
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
Britannia has been among the top-performing FMCG counter for the last several years
Among the private banking majors, Axis Bank has witnessed a fresh breakout on January 5, after spending nearly one and a half months in the consolidation range