Here are the technical overview of hot sotcks for Monday-
BAJAJ AUTO
Weekly Pivots
STOCK
BAJAJ-AUTO
R2 R1 PP S1 S2
1538.50 1498.25 1441.65 1401.4 1344.8
TECHNICAL OVERVIEW
The stock had a steep pull back from its support levels and moved in an up rally. One could go
for buying on dip strategy until it crosses the level of 1420 in downside as it is expected to
continue its bullish trend.
RESISTANCE 1485
SUPPORT 1420
BHEL
Weekly Pivots
STOCK
BHEL
R2 R1 PP S1 S2
2184.57 2154.73 2104.87 2075.03 2025.17
TECHNICAL OVERVIEW
The stock is consolidating with a positive biasness. Its next resistance at 2150, crossing of this
level may take the stock further upwards else it may also resist at higher levels.
RESISTANCE 2150
SUPPORT 2050
BPCL
Weekly Pivots
STOCK
BPCL
R2 R1 PP S1 S2
645.13 625.87 604.43 585.17 563.73
TECHNICAL OVERVIEW
The stock has successfully taken support at lower levels and is now moving in an up rally.
One could go for buying on dip strategy in the stock till it breaches the level of 583 in
downside as it is expected to continue its bullish trend.
RESISTANCE 621
SUPPORT 583
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