Shares for trading on Monday

YESBANK plunged by 7.29% and finished at Rs. 307.05. Also, it maintained significant weakness on the weekly basis. It witnessed Star pattern on daily chart. Trading volume increased by 603 percent on Friday. It is trading below its recent support zone. The Near-term resistance is seen around 375.

WOCKPHARMA surged by 5.87% and settled at Rs.662.85. Trading volume spiked by 292 percent at last session. Yet a majority of them are intraday trades. There is an evidence of bullish trend formation. This stock is currently settled above the recent resistance zone. We see short-term support around 603.

UBL surged by 4.77% and closed at Rs.986.6. Trading volume increased by 618 percent. Yet largely the volumes are settled intraday. It is likely to witness bullish trend formation. It is steadily advancing for 6 days. This stock is currently settled above the recent resistance zone. We see short-term support around 820.

RELIANCE witnessed Bearish Engulfing pattern on daily chart. RELIANCE is the most active stock. Derivative traders were aggressive in adding short positions. Open interest increased by 2.14 %. The technical indicator RSI indicates overbought scenario.It is oscillating nearer to its resistance zone of 944.

PNB plunged by 7.94% and closed at Rs.196.65. It witnessed Bearish Engulfing pattern on daily chart. It is the most active stock. But numerous trades were intraday in nature. It Indicates bearish reversal. The technical indicator RSI indicates overbought scenario.This stock is currently settled above the recent resistance zone. We see short-term support around 128.

MCDOWELL-N surged by 17.52% and closed at Rs.3025.75. Trading volume spiked by 2474 percent at last trading day. There could be a bullish breakout. The intensity of the buyers is evident from the unfilled gap.This stock is currently settled above the recent resistance zone. We see short term support around 2363.

KSCL witnessed Star pattern on daily chart. KSCL volume increased by 339 percent at last trading day. Numerous trades were intraday in nature. There is an evidence of positive breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 510.

IDBI plunged by 8.24% and closed at Rs.62.35. It suggests for aggressive sellingThe technical indicator RSI signals  overbought scenario.This stock is currently settled above the recent resistance zone. We see short term support around 51.

BANKINDIA plunged by 6.17% and finished at Rs. 181.05. It gives an impression of aggressive sellingDerivative traders were aggressive in unwinding long positions. Open interest reduced by 12.64 %. This stock is currently settled above the recent resistance zone. We see short term support around 132.

ALBK plunged by 8.16% and ended at Rs.77.7. It indicates bearish reversal. This stock is currently settled above the recent resistance zone. We see short term support around 64.