Today's Top Gainer
Note:Top Gainer - Nifty 50 More
The stock is trading in a bearish lower top lower bottom chart structure. The stock has added fresh open interest along with a sharp fall in the underlying price, hinting an addition of short positions. Technically, the stock has formed a bearish dark cloud cover candlestick pattern on the daily chart, indicating a negative bias going forward. Tracking the ADX index, the stock is in a strong bearish trend marked by –DI line trending above the Average DI & +DI line.
|Buy or Sell||Sell (Fut)|
|Stop Loss||Rs 15|
|200 D-EMA||Rs 26.6|
|Company||L&T Technologies Services Limited||
The stock has given a strong recovery from recent low by forming a bullish candlestick pattern on the daily chart. Currently, the stock has has given a bullish Inverse Head & Shoulder breakout on the daily chart. On weekly MACD Histogram, it is quoting under the positive territory during the last week, indicating a positive momentum in the favour of the bulls.
|Buy or Sell||Buy|
|Stop Loss||Rs 1450|
|200 D-EMA||Rs 1553|