IEX is in a secular uptrend and is highly poised to test the uncharted territory
Bharti Airtel has been trading in the consolidation range for the last two months after retesting the major support zone around Rs 520 levels
ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher
It would be very important for the banking index to surpass the 36,000 mark to push the benchmark to new highs
The secular uptrend in KIE Industries' stock has proved all minor corrections to be good accumulation points for the bulls
After a decent correction from the peak level, Wockhardt stock has bottomed out near Rs 520 zone
Bector Food has seen a secular rally from its 52-weeks low of Rs 328 odd zones and since then there has been no major correction in the counter
Berger Paints after the recent up move has been consolidating in a narrow range around its record high
Cadila Healthcare's stock has taken base near Rs 600 levels on two occasions recently, forming a good support zone
HDFC AMC is currently hovering just near its 21 and 50 DEMA and far above the long-term exponential moving average (200 DEMA), suggesting inherent strength in the counter
Eicher Motors' stock has been trading with a positive bias and is placed well above all its major exponential moving averages on the daily time frame
Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame
Tata Coffee witnessed a consolidation breakout on the back of an increase in average trading volumes in the last trading session, suggesting a positive outlook
Recently, Cummins India's declining trend seems to have been arrested around the 750-mark, which coincided with the '89-EMA' on the daily chart
Kotak Bank stock has been moving within a tight range for quite some time and is currently taking support near the significant 200DMA level of Rs 1,737
Voltas stock is consolidating near the neckline of the Inverted Head & Shoulder pattern on the daily time frame and is expected to rebound from here onwards
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
Coal India has corrected over 10 per cent in the last trading week and is trading close to the previous consolidation zone
The RSI has given a decent momentum pickup, indicating strengthen in HUL's stock and is well placed to support and justify the positive bias
NOCIL has been trading in a symmetrical triangle pattern on the daily time frame