14th Aug 2019 Hot Stocks & Stocks To Watch

SUNPHARMA

(Last close : 439.25)

SUNPHARMA has announced strong earnings report

Stock finding a recent trend line resistance at 445

Once if breaks and holds above the level

Rally will be expected up to 454 and 462

Support at 433

RELIANCE

( Last Close : 1274.75)

RELIANCE posted biggest one-day gain in a decade & added MCap Rs 71750 Cr

Recorded turnover of 6109 cr on NSE, Delivered quantity 1.77 Cr shares

Contributed +358 points to Sensex and +95 points to Nifty.

Now, Stock facing a resistance around 1305

Stock if crossover the level……..Further rally will be expected up to 1340+ (positional)

Buy at decline likes 1240-1260.

Yesterday’s low 1226 for Today’s support

TATAELXSI

 (Last close : 610.85)

 TATAELXSI finding a recent bottom at 602

Stock if fails to take support at 602

Further weakness will be expected up to 590 – 580

BHARATFORG

( Last close : 400.50)

 BHARATFORG has punished after poor result

Stock if holds below 400…… Expecting more weakness

Down side supports 385-378

Resistance 405-410

ULTRACEMCO

( Last Close : 4181.15)

ULTRACEMCO near by trend line support

Stock once if breaks & stays below the level

Expecting more weakness

Which level will be breaks ?? and What is the Targets ?

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Updated : 08.42 AM / 14th Aug 2019