Thursday, 3 May 2018

Technical outlook of top 2 stocks


·        RELCAPITAL FUT







Stock formed bearish engulfing pattern formation on daily chart with sustainable sell side volume. The stock fut is expected to trade lower in coming trade session too.




INTRADAY
R1
450
Stock Info
R2
465
R3
480
VOLUME
8532000
LEVEL
414.75
DAY HIGH
451.20
S1
405
DAY LOW
417.70
S2
390
WEEKLY LOW
417.70
S3
395
WEEKLY HIGH
451.20
All over trends
BEARISH







·        TORNTPOWER FUT
Stock showed buying and has successfully sustained above the all time high for now buying may continue if able to sustain above 1100.


INTRADAY
R1
1120
Stock Info
R2
1130
R3
1140
VOLUME
1539000
LEVEL
1115
DAY HIGH
1114.90
S1
1085
DAY LOW
1088
S2
1070
WEEKLY LOW
1071.70
S3
1055
WEEKLY HIGH
1114.90
All over trends
BUSLLISH




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