CHANNELS.INDIA – WEEKLY ROC SPECIAL
WEEKLY ROC SPECIAL
SUMMARY: DLF WEEKLY (DLF) Weekly ROC non-confirmation suggests further negativity. HDFC WEEKLY (HDFC) Momentum non-confirmation suggests an exhaustion at current levels. HDFC BANK WEEKLY (HDBK) Momentum non-confirms and points lower from current levels. ICICI BANK WEEKLY (ICBK) Momentum non-confirmation continues to suggest further downmove. STATE BANK OF INDIA WEEKLY (SBI) Momentum non-confirmation keeps the alternate scenario alive. INFOSYS WEEKLY (INFY) Weekly ROC suggests an exhaustion soon. TATA CONSULTING SERVICES WEEKLY (TCS) Over reactive momentum suggests a topping near current levels. MAHINDRA WEEKLY (MAHM) ROC non-confirmation suggests further negativity. TITAN INDUSTRIES WEEKLY (TITN) ROC cycles and non-confirmation suggest further negativity. UNITECH WEEKLY (UNTE) KEY REVERSAL bar and momentum continue to point lower from current levels.
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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