Dabur India is trading at Support zone. The stock is below 100MA line but it is above 200MA line. A little positive divergence is visible in the Stochastic oscillator and it is also very close to its Oversold zone. In case of RSI – it is about to enter into the Oversold region which is level 30 or below for the Indicator. (Not a reco to buy/sell/ hold)
A Breakout has occured in Bharat Bijlee Ltd. Today the stock made a very big green Candle and the range of the Candle is 1513 to 1655. Volume has increased significantly much higher than the previous trading day. But, Stochastic has already entered into the Overbought region and RSI is about to enter into its Overbought zone.(Not a reco to buy/sell/ hold)
Future Lifestyle is trading at near its all time high level. Today the stock gave a breakout from where it was previously trading. Volume has increased more than double from the previous trading day.RSI is loaded with momentum and it is above level 60. In case of MACD – it is showing a positive cross over. (Not a reco to buy/sell/ hold)
In the last few weeks Voltas Ltd was in a Down Trend. Recently within 2 trading sessions the stock has able to breach the resistance which was respected and maintained by the stock multiple times(RED LINE). The stock had the Support of Volume while the breakout was happening. For RSI it is above level 50 and MACD has a positive cross over sign in the chart.(Not a reco to buy/sell/ hold)
