Top 10 stocks to watch today

  1. SIEMENS plunged by 7.83% and finished at Rs. 1219.35. It witnessed Bearish Engulfing pattern on daily chart. Trading volume inflated by 208 percent on Wednesday. It indicates negative breakout. Derivative traders were aggressive in adding short positions. Open interest increased by 26.42 %. It is trading below its recent support zone. The near-term resistance is seen around 1428.

  2. ICICIBANK witnessed Bearish Engulfing pattern on daily chart. ICICIBANK volume increased by 49 percent at last trading day. Surprisingly 72% of the trades gone for delivery. It is heading for Derivative traders were aggressive in adding short positions. Open interest surged by 4.19 %. It is trading below its recent support zone. The near-term resistance is seen around 301.

  3. SRTRANSFIN surged by 4.26% and finished at Rs. 1049.55. It witnessed Star pattern on daily chart. Trading volume rose by 273 percent on 27 September 2017. The intensity of the bulls is evident from the today’s gap.It is trading inside the trading range. The Support is seen around 976 and resistance is seen around 1101.

  4. DIVISLAB plunged by 11.39% and settled at Rs.850.75. Trading volume inflated by 115 percent on Wednesday. But numerous trades were intraday trades. The strength of the bears is evident from the unfilled gap.It is trading inside the trading range. The Support is seen around 693 and resistance is seen around 981.

  5. GODREJIND witnessed Bearish Engulfing pattern on daily chart. GODREJIND volume inflated by 70 percent on 27 September 2017. Impressively 56% of the trades gone for delivery. It signals a bearish trend. It is trading below its recent support zone. The near-term resistance is seen around 653.

  6. ULTRACEMCO witnessed Bearish Engulfing pattern on daily chart. ULTRACEMCO volume hiked by 80 percent. Interestingly 62% of the trades are deliverable volume. There is an evidence of a bearish trend. It is trading below its recent support zone. The near-term resistance is seen around 4235.

  7. DLF plunged by 5.47% and closed at Rs.159.95. At the same time, it registered an exceptional fall over recent days. It witnessed Bearish Engulfing pattern on daily chart. It is likely to witness It is trading below its recent support zone. The near-term resistance is seen around 197.

  8. SUNPHARMA is one among the top traded stocks. Surprisingly 58% of the trades are taken for delivery. The strength of the sellers is recognized by the opening gap.It is trading inside the trading range. The Support is seen around 470 and resistance is seen around 528.

  9. HDFCBANK witnessed Bearish Engulfing pattern on daily chart. HDFCBANK is one among the top traded stocks. Impressively 65% of the trades gone for delivery. Currently, it is trading around the lower range of its price band. The crucial support zone is around 1748.

  10. LT witnessed Bearish Engulfing pattern on daily chart. LT is one among the top traded stocks. The technical indicator RSI indicates overbought scenario.Currently, it is trading around the lower range of its price band. The crucial support zone is around 1121.