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PVR Inox has been trading under pressure as prices has seen a consistent downside from Rs 1,850 levels towards Rs 1,600 levels with formation of lower high pattern on the weekly interval.
Alkem Labs has climbed over three per cent in the Thursday’s session, venturing into new uncharted territories with aggressive volume structure.
Hindustan Zinc, with a breakout from a falling trendline on the weekly chart, is likely to replicate the movement it had in the month of August 2020.
TCS is consolidating sideways on the hourly time frame, and is forming a potential Cup and Handle formation on the daily chart. A recent rebound from the 100 SMA level suggests a continued bullish momentum.
ICICI Bank formed a strong bullish candle on the daily chart with a huge gap-up opening, moving past its significant 50-EMA level of Rs 938.