Friday 31 August 2018

Technical outlook of top 2 stocks


·        UNIONBANK FUT

Union bank had given breakouts of its trend line resistance and closed near around its resistance breakouts could be seen as PSU bank is looking strong in coming session.







INTRADAY
R1
95
Stock Info
R2
100
R3
105
VOLUME
23766000
LEVEL
91.10
DAY HIGH
90.95
S1
85
DAY LOW
86.35
S2
80
MARKET LOT SIZE
6000
S3
75
VWAP
88.53
All over trends
Bullish





·        SUNPHARMA FUT
Stock has retrieved from support level and sustained near its key resistance on daily charts. The stock is expected to give breakout ahead. Technically it is also traded above 20 DMA which support bullish view.


INTRADAY
R1
650
Stock Info
R2
660
R3
670
VOLUME
15292200
LEVEL
640.50
DAY HIGH
640.50
S1
615
DAY LOW
622.65
S2
595
MARKET LOT  SIZE
1100
S3
560
VWAP
631.09
All over trends
Bullish






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