Top stocks in focus today 21 June

UPL slipped by 3.24% and finished at Rs. 652.25. Trading volume increased by 112 percent on Wednesday. It is likely to witness bearish breakout. Derivative traders were aggressive in adding short positions. Open interest surged by 6.56 %. It is trading below its recent support zone. The Near-term resistance is seen around 725.

TATAELXSI volume rose by 53 percent. Yet a majority of them are intraday trades. It suggests a positive breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 1163.

SUNTV declined by 2.61% and closed at Rs.839.4. Additionally it registered a significant loss in last five sessions. It is heading for Derivative traders were aggressive in adding short positions. Open interest gained by 12.79 %. The technical indicator RSI signals overbought scenario. It is frequently sliding for5 days. It is trading below its recent support zone. The Near-term resistance is seen around 957.

RELINFRA surged by 4.18% and ended at Rs.441.4. Trading volume inflated by 67 percent on Wednesday. Yet largely the volumes are intraday trades. It is oscillating nearer to its resistance zone of 447.

KSCL volume hiked by 43 percent at last trading day. However, a majority of them are settled intraday. This stock is currently settled above the recent resistance zone. We see short-term support around 485.

JPASSOCIAT witnessed Star pattern on daily chart. JPASSOCIAT volume rose by 182 percent on Wednesday. Yet numerous trades were intraday trades. It is heading for a bullish breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 13.

JINDALSTEL gained by 3.62% and finished at Rs. 230.4. It did rise in the last trading session but fell by a significant margin on a weekly basis. It is listed in top traded counters. However, a majority of them are intraday in nature. It is trading inside the trading range. The Support is seen around 222 and resistance is seen around 249.

ITC is listed in top traded counters. Furthermore, 67% of the trades are taken for delivery. It is likely to witness It is trading below its recent support zone. The Near-term resistance is seen around 278.

DRREDDY is one among the top traded stocks. The technical indicator RSI signals overbought scenario. This stock is currently settled above the recent resistance zone. We see short-term support around 1936.

CIPLA witnessed Bearish Piercing pattern on daily chart. CIPLA volume increased by 165 percent at last trading day. The strength of the sellers is indicated by the opening gap. It is oscillating nearer to its resistance zone of 607.

BATAINDIA volume spiked by 104 percent on 20 June 2018. Yet largely the volumes are settled intraday. It is likely to witness positive breakout. It is regularly rising for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 744.

BANKBARODA dropped by 2.15% and ended at Rs.125.1. Trading volume hiked by 36 percent on Wednesday. It is heading for Derivative traders were aggressive in adding short positions. Open interest gained by 5.7 %. It is trading below its recent support zone. The Near-term resistance is seen around 145.