RELINFRA – Stock was negative thorough out the day and closed in the red. The stock formed a red candle followed by a shooting star on the daily chart. We recommend selling below 120 for the target of 118 with the stop loss of 122.
DLF – Stock outperformed well with huge volumes but it has shown weakness in the last hour of the session. It also has strong resistance of 200 EMA on the hourly chart. We recommend selling below 162 for the target of 159 with the stop loss of 164.50.
PVR – Stock outperformed well in the bearish market and closed near to days high. It also took the support of 200 EMA on the daily chart. The RSI is also showing reversal on the daily chart. We recommend buying above 1508 for the target of 1528 with the stop loss of 1485
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