Titan Company Limited (TITAN): The range of Rs 1,300 to Rs 1,400 seems to be the resistance range for the stock, as per the weekly chart. With the “Higher High, Higher Low” formation, the counter is set to cross this resistance and rally towards the uncharted territory of Rs 1,700 to Rs 1,900 levels. The overall trend is optimistic, till the counter defends the support of Rs 1,250 on a weekly scale. CLICK HERE FOR THE CHART
Escorts Ltd (ESCORTS): On the daily chart, a clear support of 100-day moving average can be seen from May 2020 onwards. This suggests that the positive bias will prevail, till the said moving average is not breached. The 100-DMA is currently placed at Rs 1,214 levels. On an immediate scale, a breakout above Rs 1,300 suggests a positive upside towards Rs 1,500 levels. This move has a closing basis support of Rs 1,275 levels. CLICK HERE FOR THE CHART
Federal Bank Ltd (FEDERALBNK): This banking stock has crossed the significant resistance of Rs 62 with strong volumes. This reflects the positive strength and upward momentum, which is heading towards Rs 80 and Rs 90 levels from a medium-term scale. The closing basis support stays at Rs 60 and Rs 55 levels. CLICK HERE FOR THE CHART
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