Large Caps ready for a move!
1. Maruti Suzuki :- Monthly chart, consolidating below 3 year old neckline
2. M & M :- Monthly chart, Just below 2018 highs made during auto rally in 2018
3. Reliance :- Weekly chart, broke out of consolidation few weeks ago after having a super run in 2020.
4. L & T :- Monthly chart, Broke out of 13 year old channel.
5. HDFC :- Weekly chart, New life high after breaking out of narrow range
6. ITC :- Monthly chart, moved out of tight band around 200. ( Usually stocks reach Life highs after such tight movement )
7. ICICI Bank:- Weekly chart, Made a new life high after crossing resistance created by 3 strong rejections.
8. Axis Bank:- weekly chart, forming a Tight range just below previous life high. Expecting a strong move as the Life high is critical level because multiyear breakout fizzled out at that level.
2. M & M :- Monthly chart, Just below 2018 highs made during auto rally in 2018
3. Reliance :- Weekly chart, broke out of consolidation few weeks ago after having a super run in 2020.
4. L & T :- Monthly chart, Broke out of 13 year old channel.
5. HDFC :- Weekly chart, New life high after breaking out of narrow range
6. ITC :- Monthly chart, moved out of tight band around 200. ( Usually stocks reach Life highs after such tight movement )
7. ICICI Bank:- Weekly chart, Made a new life high after crossing resistance created by 3 strong rejections.
8. Axis Bank:- weekly chart, forming a Tight range just below previous life high. Expecting a strong move as the Life high is critical level because multiyear breakout fizzled out at that level.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.