7 shares to add to your watchlist tomorrow

  1. AMARAJABAT witnessed Star pattern on daily chart. AMARAJABAT volume increased by 134 percent on 10 October 2017. Impressively 58% of the trades gone for delivery. It is trading below its recent support zone. The near-term resistance is seen around 797.

  2. BIOCON surged by 7.25% and closed at Rs.369.15. Trading volume inflated by 440 percent at last trading day. But numerous trades were settled intraday. It signals bullish trend formation. This stock is currently settled above the recent resistance zone. We see short-term support around 332.

  3. HAVELLS surged by 5.19% and to close at Rs.533.25. It witnessed Bullish Engulfing pattern on daily chart. Trading volume spiked by 177 percent at last trading day. Yet largely the volumes are intraday in nature. It gives an impression of a positive breakout. Derivative traders were aggressive in adding long positions. Open interest gained by 26.57 %. This stock is currently settled above the recent resistance zone. We see short-term support around 476.

  4. NIITTECH surged by 6.35% and closed at Rs.604.45. Trading volume spiked by 124 percent. Yet a majority of them are intraday in nature. There could be a bullish breakout. It is frequently rising for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 492.

  5. SOUTHBANK plunged by 6.09% and ended at Rs.30.05. It witnessed Bearish Engulfing pattern on daily chart. Trading volume rose by 254 percent on Tuesday. Yet largely the volumes are settled intraday. It is trading inside the trading range. The Support is seen around 27 and resistance is seen around 32.

  6. SRF fell by 1.45% and to close at Rs.1718.6. Trading volume inflated by 251 percent. But numerous trades were settled intraday. It suggests for selling pressure. This stock is currently settled above the recent resistance zone. We see short-term support around 1515.

  7. STAR surged by 4.37% and ended at Rs.884.45. It did rise in the last trading session but fell by a significant margin on a weekly basis. Trading volume spiked by 327 percent at last session. The technical indicator RSI signals oversold scenario.Currently, it is trading around the lower range of its price band. The crucial support zone is around 842.