04:39
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INFY – Stock outperformed well with good volumes and closed near to days high. It also gave closing above the resistance on the daily chart. A sharp reversal also can be seen in the RSI on the daily chart. We recommend buying above 757 for the target of 765 with the stop loss of 750.DCBBANK – Stock performed well with volume breakout and closed in green. The RSI and CCI are also indicating strength on the daily chart. It also gave a descending triangle breakout on the daily chart. We recommend buying above 185 for the target of 187 with the stop loss of 183.
NIITTECH – Stock took the support of a trend-line on the daily chart and closed near to days high. It formed an ascending triangle on the daily chart and trading near to resistance level. We expect it will give the breakout positively. We recommend buying above 1320 for the target of 1330 with the stop loss of 1310
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Posted in: Indian Market Tips
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