Zooming into the 15 min charts, we can observe that the Nifty has been making lower tops today and has also closed below the 20 period Moving Average (MA). This is a weak signal for the very near term. Nifty could now test the 50 period MA currently at 21,388 in the very near term," said Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities.
ITC, HUL, Nestle, Havells, Dabur, Bajaj Healthcare, Trident, Lemon Tree, Hudco, Alkyl Amines, Coforge, client, PVR Inox, South Indian bank, Equitas SFB, Tata Coffee, UltraTech Cement, VA Tech Wabag and Voltas are some of the stocks that will be in focus today. Read more.
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