Top 10 stocks to watch on Monday

  1. AUROPHARMA plunged by 6.25% and finished at Rs. 740.1. It witnessed Bearish Piercing pattern on daily chart. Trading volume hiked by 291 percent on Friday. However, a majority of them are intraday trades. Derivative traders were aggressive in adding short positions. Open interest gained by 8.31 %. Currently, it is trading around the lower range of its price band. The crucial support zone is around 731.

  2. VOLTAS witnessed Bullish Engulfing pattern on daily chart. VOLTAS volume inflated by 250 percent on Friday. But a majority of them are intraday trades. It is heading for bullish trend formation. It is regularly heading higher levels for 3 days. This stock is currently settled above the recent resistance zone. We see short-term support around 527.

  3. JUSTDIAL surged by 8.69% and to close at Rs.499.3. It witnessed Star pattern on daily chart. Trading volume increased by 1245 percent on 10 November 2017. Yet a majority of them are intraday in nature. It Indicates bearish reversalThis stock is currently settled above the recent resistance zone. We see short-term support around 401.

  4. RCOM plunged by 6.33% and to close at Rs.14.05. Meanwhile, it reported a significant loss on the weekly basis. There is an evidence of Derivative traders were aggressive in unwinding long positions. Open interest reduced by 3.85 %. It is trading below its recent support zone. The Near-term resistance is seen around 18.

  5. JETAIRWAYS volume hiked by 210 percent at last session. Yet numerous trades were intraday trades. It is heading for bullish trend formation. It is steadily advancing for 3 days. This stock is currently settled above the recent resistance zone. We see short-term support around 470.

  6. PAGEIND witnessed Star pattern on daily chart. PAGEIND volume hiked by 136 percent on 10 November 2017. It is heading for resistance. It is frequently rising for 3 days. This stock is currently settled above the recent resistance zone. We see short-term support around 18642.

  7. HINDUNILVR volume inflated by 108 percent on 10 November 2017. Noticeably 58% of the trades are deliverable volume. It gives an impression of a positive breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 1226.

  8. HINDPETRO slipped by 3.41% and finished at Rs. 416.85. There is an evidence of Derivative traders were aggressive in adding short positions. Open interest surged by 3.06 %. It is trading below its recent support zone. The Near-term resistance is seen around 477.

  9. SRF surged by 5.88% and to close at Rs.1732.9. It witnessed Bullish Engulfing pattern on daily chart. Trading volume hiked by 491 percent on 10 November 2017. But numerous trades were settled intraday. It is oscillating nearer to its resistance zone of 1767.

  10. LT surged by 4.03% and settled at Rs.1264.95. Trading volume hiked by 210 percent at last session. It gives an impression of bullish trend formation. This stock is currently settled above the recent resistance zone. We see short-term support around 1131.