Status of Scrips in Daily TF

Scrips	Signal
Bata India	Lower low made after double top formation. Lead indicator and trend indicator are showing positive divergences and this may be double bottom formation
VIP Industries	Lower low and positive divergences are being observed. Lead indicator is in sell along with trend indicator which has turned positive
TTK prestigte	Has turned into a range bound scrip
Kajaria	Makes a doji at the resistance with overbought conditions and fast fall set up possible
Arvind	Fast fall set up but at the middle of lead indicator levels. Trend indicator is non committal may be forming a base for the time being after the correction
Bajaj	Lead indicator is overbought and has given a sell, evening star kind of formation. Has taken support at 100ema in the past
Mahindra	Broken down from the bear flag and below all the major as well as short term daily resistances. Lead indicator is in sell after touching 70 levels and now trend indicator is turning down
Tata motors	Makes a doji at 100ema with overbought conditions in lead indicator. Trend indicator is positive
Hindalco	Lead indicator says its overbought. Was bought on Friday with higher volumes. 100ema is flattening a bit. Lead indicator though remains in sell and trend indicator is in buy
ACC	Has possibly made a double top and lead indicator has given a sell with overbought conditions and trend indicator may almost give a sell. Sell off has come with higher volumes
KFA	Price is holding but indicators are deteriorating – not good for longs
JSW	Possible long term base formation
HUL	Pulling back on low volumes. Lead indicator has turned down from overbought levels. Possible small double top made. Trend indicator is in sell as well.
HCC	Possibly has put in a panic low. Doji made with lead indicator and trend indicator in buy mode. Will wait since crossover of averages may bring in the momentum
HDIL	Oversold with positive divergences but no sign of bottoming
IDBI	Bear flag with fast fall setup. Lead indicator is in sell and trend indicator has turned down
IVRCL	Lead indicator coming down from overbought conditions. Base formation in the making
Ambuja cements	Possible double top with negative divergence in momentum
DLF	Overbought in lead indicator – getting sold off from 100ema and short term resistances. Trend indicator is positive
JPA	Classic fast fall set up at overbought conditions with dojis at the resistances
HCL	Overbought after making doji at the resistances – possible large double bottom formation
Idea	It was distribution after all. Made a doji at 200ema and now lets see the price action
Rcom	Overbought with fast fall set up and also forming a long term base
Jubilant	Selling off from overbought conditions
Havells	Selling off after classic negative divergence and overbought conditions
GSFC	At 100ema and other supports. Trend indicator is in sell and lead indicator in oversold conditions
PNB	Positive crossover has happened but overbought right now
SBIN	Positive crossover has happened but overbought – long term possible base formation happening
NIFTY
Tata steel	Fast fall setup with overbought conditions
Pantaloon retail	Negative crossover happened and trend+lead indicator are in sell
Shoppers stop
DB realty	100ema has flatlined and prices are trying to move above that. Possible stage 1 candidate
Lovable	Overbought with fast fall set up
Dish TV	Fast fall from overbought set up
Lanco Infra	Possible base formation in sight
Gati	Overbought after technical damage
Sintex	Overbought with cross over in negative state
Titan	At support levels with oversold conditions
Pipavav	Fast fall set up approaching with overbought conditions
DCB	Fast fall set up at overbought conditions
Delta Corp	Trend and lead indicator are in sell
Balkrishna Industries	No set up
Future ventures	No set up
Agre developers	No set up
ITC	Doji at 200ema with fast fall and overbought conditions
Gitanjali Gems	Fast fall set up at 100ema with overbought conditions