Wednesday 16 May 2018

Technical outlook of top 2 stocks

·        ARVIND FUT
Stock remained significantly lower from the downward sloping trend line and rested near the support level drawn on chart. The stock is expected to give lower breakout.



INTRADAY
R1
435
Stock Info
R2
445
R3
455
VOLUME
7826000
LEVEL
417.65
DAY HIGH
436.80
S1
413
DAY LOW
417.65
S2
405
MARKET LOT SIZE
2000
S3
390
VWAP
428.22
All over trends
Sideways to Negative







·        EQUITAS FUT
Stock could able to sustain on higher and drag lower side and form Bearish candle which can be seen in below charts selling pressure may continue.


INTRADAY
R1
440
Stock Info
R2
445
R3
450
VOLUME
7826000
LEVEL
417.50
DAY HIGH
436.80
S1
410
DAY LOW
417.65
S2
400
MARKET LOT  SIZE
3200
S3
395
VWAP
168.83
All over trends
Bullish




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