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KFin Technologies formed healthy bullish candlestick pattern on the daily charts with above average volumes. The stock continued uptrend for yet another session and traded above all key moving averages.
DLF stock is demonstrating a bullish trend, consistently forming higher highs and higher lows.
At the macro level, the earnings and the management commentaries are more or less looking good, says Santosh Joseph, founder and CEO, Refolio Investments and Germinate Investor Services LLP
Reliance Industries has seen a decisive breakout of downward sloping resistance trendline adjoining highs of January 16 and January 20, and clocked 7 percent rally to end at record closing high of Rs 2,896.
Traders are advised to accumulate longs in Nifty with stop-loss of 21,500 on the closing basis.