BGR Energy : Stock has turned 4x since march 2020 lows. Now formed double top near 77 and coming down, Stock has support around 68-67 if fails to hold, we can expect further profit booking upto 65-61. Fresh long term investments can be done on dips, or on rally above 74-77.
ITC :On weekly chart a descending Triangle is clearly visible and a Bullish Harami pattern is formed near baseline, indicating some bullishness on this counter. Major Trendline supports lies 200-193 where we can add more and our first resistance is 213-15, once we sustains above that fresh rally towards 225-40-60 can't be ruled out. Stoploss can be placed at 190.
Biocon : A symmetrical Triangle is visible on weekly chart, hence a breakout, either side, is required for any big move. We advise you to trade long above 405 for 421and short below 390 for 370.
Axis Bank :Stock is ready for great move in coming days, Add above 766. Have a look at Inverted Head & Shoulder pattern on weekly chart.
Avanti Feeds : Head & Shoulder Pattern is visible on daily chart and stock can test 535-510 if sustains below 565.
Aurobindo Pharma : Head & Shoulder Pattern is visible on daily chart and stock can test 850-30 in coming weeks, if sustains below 565. Major support is around 930-900-887 . Stoploss can be placed at 972.
