Technical Views:BHEL,HDFC Bank and JP Associate

JP Associate JP associate has been trading in a Parallel channel as shown in above chart and forming a formation of  Lower Highs which is a bearish indication Stock has taken support at 77.6 from past 2 days and breaks of this level will give a down move which can touch the downward channel. Sell below 77.6 Tgt 76.1 and 74.6   HDFC BANK HDFC BANK stock is moving into its supply zone of 2430 levels as shown in above chart Volumes are on Lower end Sell below 2433 Tgt 2419 and 2408 SL 2443 Buy above 2444 Tgt ...