EquityPandit’s Outlook for ITC for the week  (Dec 10, 2018 – Dec 14, 2018) :  ITC:     ITC closed the week on negative note losing around 4.10%. As we have mentioned last week, that minor support for the stock lies around 280 to 283. Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where low for the month of June-2018, July-2018 and October-2018 is lying. During the week the stock manages to hit a low of 271 and close the week around the levels of 274. Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where l

EquityPandit’s Outlook for Cipla for the week  (Dec 10, 2018 – Dec 14, 2018) :  CIPLA:     CIPLA closed the week on negative note losing around 5.00%. As we have mentioned last week, that minor support for the stock lies around 530 to 535. Support for the stock lies in the zone of 515 to 520 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 511 and close the week around the levels of 514. Support for the stock lies in the zone of 510 to 515 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close b

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 10, 2018 – Dec 14, 2018) :  DR. REDDY:     Dr Reddy closed the week on negative note losing around 1.10%. As we have mentioned last week, that support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 2621 and close the week around the levels of 2692. Support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stoc

EquityPandit’s Outlook for Lupin for the week  (Dec 10, 2018 – Dec 14, 2018) :  LUPIN:     Lupin closed the week on negative note losing around 5.20%. As we have mentioned last week, that minor support for the stock lies around 850 to 860. Support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 790 to 800 where low for the month of July-2018 and August-2018 is lying. During the week the stock manages to hit a low of 832 and close the week around the levels of 841. Support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 10, 2018 – Dec 14, 2018) :  SUN PHARMA:     SUN PHARMA closed the week on negative note losing around 16.70%. As we have mentioned last week, that support for the stock lies in the zone of 460 to 470 where long term Fibonacci levels and low for the month of June-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 401 and close the week around the levels of 411. The stock has seen a major break down and no support is visible. Support for the stock lies in the zone of 395 to 400. If the stock manages to close below these levels then the stock can drift to the levels of

EquityPandit’s Outlook for Wipro for the week  (Dec 10, 2018 – Dec 14, 2018) :  WIPRO:     Wipro closed the week on positive note gaining around 2.50%. As we have mentioned last week, that resistance for the stock lies in the zone of 335 to 340 where high for the month of January-2018, September-2018 and November-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 350 to 355. During the week the stock manages to hit a high of 341 and close the week around the levels of 333. Minor support for the stock lies around 320 to 325. Support for the stock lies in the zone of 310 to 315 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of

EquityPandit’s Outlook for HCL Tech for the week (Dec 10, 2018 – Dec 14, 2018) :  HCL TECHNOLOGIES:     HCL Tech closed the week on negative note losing around 5.20%. As we have mentioned last week, that support for the stock lies in the zone of 970 to 980 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018. During the week the stock manages to hit a low of 934 and close the week around the levels of 962. Support for the stock lies in the zone of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018. If the stock manages to close below these levels then the stoc

EquityPandit’s Outlook for TCS for the week  (Dec 10, 2018 – Dec 14, 2018) :  TATA CONSULTANCY SERVICES:     TCS closed the week on positive note gaining around 1.40%. As we have mentioned last week, that resistance for the stock lies in the zone of 1960 to 1980 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2020 to 2040 where Fibonacci level and gap is lying. During the week the stock manages to hit a high of 2020 and close the week around the levels of 1995. Support for the stock lies in the zone of 1950 to 1970 where Fibonacci levels and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900