INDIAN INDICES
MIDCAP Index ended up 1.28% up where as other indices were down between 1-4%. Nifty metal fell 4%.
NIFTY
NIFTY bounced back from the long term trend line support of 9550.
NIFTY daily is stacked between 50 DEMA and 200 DEMA. It may consolidate for sometime between the 2 EMA's.
BRITANNIA INDUSTRIES
Britannia industries after hitting high of 3700 is retesting the BO levels.
MAHINDRA
Mahindra closed above 200 DEMA. Looks like 2 year downtrend over and stock ready to move higher.
CADILA HEALTHCARE
Cadila trading above 200 WEMA. Having bullish setup.
HPCL
HPCL trading above 50 DEMA. Having resistance around 220 rs.
IDEA CELLEULAR
Vadapav stock. - Rounding bottom pattern. Something going on in this???
PETRONET LNG
Stock has consolidated for last 2 years, approaching all time high levels.
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