Ashok Leyland is returning back from its resistance zone, a red candle with little shadow on top showcasing heavy sell off. RSI has a negative divergence in the chart while Stochastic is about to exit from its Overbought zone.
(not a reco to buy/sell/ hold)
Bharat Petroleum is trading at its previous support zone. The stock gave a gap up opening today but unable to break the 20EMA line. RSI has a positive divergence but volume is not being so supportive.
(not a reco to buy/sell/ hold)
The underlying short term trend of Bharti Airtel is down, the stock trading at its previous support zone in its 1week chart. The Stochastic is below its oversold level.
(not a reco to buy/sell/ hold)
ITC is trading at a strong support level. In its monthly chart the stock has made an inverted hammer pattern while Stochastic is about to enter in its Oversold level.
(not a reco to buy/sell/ hold)
