Technical Views:BHEL,HDFC Bank and JP Associate
JP Associate
JP associate has been trading in a Parallel channel as shown in above chart and forming a formation of Lower Highs which is a bearish indication
Stock has taken support at 77.6 from past 2 days and breaks of this level will give a down move which can touch the downward channel.
HDFC BANK
HDFC BANK stock is moving into its supply zone of 2430 levels as shown in above chart.
Volumes are on Lower end
JP associate has been trading in a Parallel channel as shown in above chart and forming a formation of Lower Highs which is a bearish indication
Stock has taken support at 77.6 from past 2 days and breaks of this level will give a down move which can touch the downward channel.
Sell below 77.6 Tgt 76.1 and 74.6
HDFC BANK
HDFC BANK stock is moving into its supply zone of 2430 levels as shown in above chart.
Volumes are on Lower end
Sell below 2433 Tgt ....
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posted by Bramesh at
8:37 AM
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