Most favored stocks to trade on Monday

TV18BRDCST surged by 9.65% and ended at Rs.50.55. It witnessed Bullish Engulfing pattern on daily chart. Trading volume inflated by 647 percent at last trading day. It signals bullish trend formation. This stock is currently settled above the recent resistance zone. We see short-term support around 42.

SYNDIBANK gained by 3.73% and settled at Rs.94.5. Trading volume rose by 104 percent on 24 November 2017. But most of the trades are settled intraday. It Indicates positive breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 80.

MOTHERSUMI witnessed Star pattern on daily chart. MOTHERSUMI volume hiked by 202 percent at last trading day. Surprisingly 79% of the trades are deliverable volume. Currently, it is trading around the lower range of its price band. The crucial support zone is around 345.

L&TFH fell by 1.33% and settled at Rs.177.85. Additionally, it reported significant loss in last five sessions. It witnessed Bearish Engulfing pattern on daily chart. Derivative traders were aggressive in adding short positions. Open interest gained by 4.54 %. It is trading below its recent support zone. The Near-term resistance is seen around 203.

JUBLFOOD surged by 5.04% and settled at Rs.1803.3. It did rise in the last trading session but fell by a significant margin on a weekly basis. It witnessed Bullish Engulfing pattern on daily chart. Trading volume rose by 145 percent at last session. However, most of the trades are intraday trades. It is likely to witness bullish trend formation. Derivative traders were aggressive in adding long positions. Open interest gained by 48.79 %. This stock is currently settled above the recent resistance zone. We see short-term support around 1598.

ACC volume spiked by 40 percent on 24 November 2017. Furthermore, 76% of the trades are taken for delivery. There is an evidence of It is trading below its recent support zone. The Near-term resistance is seen around 1831.