Technical View of Stocks!!

Below are the stock which are changing their trend and good movement of price can be seen.

Crompton Greaves

 Trading at Ascending Trendline.
Support at 110-110 level
Histogram level in MACD is decreasing indicating change in trend.
RSI moving sideways.
upside resistance 117-122

 Hindalco

 Completed Head & Shoulder pattern by crossing the neckline.
MACD is indicating upside.
RSI crossing downside.
Support of neckline at 126-127 level.
Upside resistance133-140.

Karnataka Bank

Trading at Ascending trendline.
MACD is narrowing from  0 level.
RSI is also turing upside.
Volume is not supporting the change in trend so keep an eye on this stock.

 ONGC

Stock took support at 256 twice.
MACD is moving up from the current level.
RSI crossed upside.
Volume is also supporting the current level.
Upside resistance at 265-272.

Sterlite

Trading at 115 for past 2 -3  days.
MACD crossed downside but moving sideways now.
RSI  as well crossed the signal line downside.
Breaking of this level can bring the stock to 108-98.



Regards

This is my personal view, please consult your adviser before investing.