CHANNELS.INDIA – Early economic sector turns down

TCS WEEKLY. Shooting star is negative. WIPRO DAILY. Key reversal bar is negative. BHARTI WEEKLY. Engulfing reversal is bearish and negative. RELIANCE COM 60MIN. Prices seem to be moving in a corrective countertrend which could resolve lower. SBI WEEKLY. Small body candle suggest indecision. INFOSYS WEEKLY. Prices make engulfing bearish candle suggesting negativity and intermediate reversal. HDFC BANK DAILY. Prices make a hanging man suggesting caution if not reversal. ICICI BANK WEEKLY. Small body candles suggest indecision. DLF WEEKLY. Key reversal bar resistance continues to hold. We have no positive signal here. HDFC WEEKLY. We have no negative reversal signal here yet.
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CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also. CHANNELS.INDIA carries the Early Economic cycle sector components, which includes FINANCIAL and DISCRETIONARY sector stocks, the Mid Economics cycles sector which includes INDUSTRIAL sector stocks and the Late Economic Sector cycle including ENERGY, STAPLES, UTILITIES, PHARMA, CHEMICALS sector stocks. REUTERS EARLY ECONOMIC RICS DLF.NS, HDFC.NS, HDBK.NS, ICBK.NS, SBI.NS, INFY.NS, TCS.NS, MAHM.NS, UNTE.NS, TITN.NS REUTERS MID ECONOMIC RICS ASOK.NS, TAMO.NS, CROM.NS, BHEL.NS, LART.NS, MTNL.NS, IDEA.NS, BRTI.NS, RLCM.NS, TATA.NS REUTERS LATE ECONOMIC RICS ONGC.NS, RLIN.NS, NTPC.NS, ACC.NS, HALC.NS, TISC.NS, ABUJ.NS, CIPL.NS, RANB.NS, ITC.NS
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