Trade plan for stock trading tomorrow 14 June

PCJEWELLER surged by 6.97% and ended at Rs.156.45. Additionally, it registered significant gains in last five sessions. It is one among the top traded stocks. But a majority of them are intraday in nature. It is trading inside the trading range. The Support is seen around 125 and resistance is seen around 202.

CADILAHC gained by 3.58% and to close at Rs.393.8. Trading volume spiked by 163 percent at last trading day. There is an evidence of bullish trend formation. It is frequently climbing for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 344.

TCS advanced by 2.42% and closed at Rs.1824.1. Trading volume rose by 96 percent on 13 June 2018. The firmness of the bulls is indicated by the today’s gap. It is regularly rising for 5 days. Currently, it is trading around the lower range of its price band. The crucial support zone is around 1715.

DRREDDY Increase by 3% and ended at Rs.2256.3. Trading volume spiked by 191 percent at last session. It gives an impression of bullish trend formation. It is continuously rising for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 1914.

CIPLA Increase by 2.65% and closed at Rs.582.1. Trading volume hiked by 83 percent at last session. There is an evidence of bullish breakout. It is steadily heading higher levels for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 514.

PAGEIND gained by 3.89% and ended at Rs.25654.6. Trading volume increased by 239 percent. There could be a bullish breakout. The momentum of the buyers is visible through the opening gap. This stock is currently settled above the recent resistance zone. We see short-term support around 22903.

GRANULES witnessed Star pattern on daily chart. GRANULES volume inflated by 133 percent on Wednesday. But a majority of them are intraday trades. It is continuously climbing for 5 days. It is trading inside the trading range. The Support is seen around 73 and resistance is seen around 100.

KSCL surged by 6.04% and to close at Rs.563.85. Trading volume increased by 497 percent on Wednesday. But largely the volumes are intraday trades. It suggests for a bullish breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 478.

LUPIN volume spiked by 161 percent at last session. However, largely the volumes are settled intraday. There could be a positive breakout. It is frequently advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 731.

JUSTDIAL declined by 2.76% and closed at Rs.566.3. Derivative traders were aggressive in unwinding long positions. Open interest reduced by 14.85 %. The technical indicator RSI signals overbought scenario. It is oscillating nearer to its resistance zone of 616.