WEEKEND CHARTS - 20-06-20

INDIAN INDICES

Most of the major indices closed in green. Nifty Energy gained the most 4.9%.


NIFTY ENRGY

NIFTY Energy has give BO from triangle pattern. Watch out for stocks from this index.


NIFTY AUTO

NIFTY Auto is consolidating between 50 & 200 DEMA. Ready to take out the 200 DEMA resistance.


STOCKS
BANDHAN BANK

Bandhan bank trading above 50 DEMA . Ready to test 200 DEMA resistance and the GAP.


L&T FINANCE

It is consolidating above 50 DEMA and have given BO above triangle pattern.


GODREJ CONSUMER -

Trading above 200 DEMA. Above recent swing high, can quickly move to 750 levels

LUPIN - LONG TERM 

Range shift in RSI on weekly chart after 5 years. Generally stocks give good returns when range shift has happened on bullish side. 


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