Technical analysis of Equity stocks on 31st March 2021

Technical analysis at 3 PM 

INFY forms Bearish Harami candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares

Book Profit

BHARTIARTL forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

MARUTI forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

AXISBANK forms Bullish Harami candlestick pattern

The pattern appeared at the top of the downtrend. This indicates the stock likely to go up. Better to accumulate

Accumulate

LT forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

DMART forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

ULTRACEMCO forms Bearish Engulfing candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares

Book Profit

ONGC forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

HINDZINC forms Bullish Harami candlestick pattern

The pattern appeared at the top of the downtrend. This indicates the stock likely to go up. Better to accumulate

Accumulate

ADANIPORTS forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in uptrend but the price can go up or down.

Uncertain

JSWSTEEL forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in uptrend but the price can go up or down.

Uncertain

M&M forms Bullish Harami candlestick pattern

The pattern appeared at the top of the downtrend. This indicates the stock likely to go up. Better to accumulate

Accumulate

DRREDDY forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

GODREJCP forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

BERGEPAINT forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in uptrend but the price can go up or down.

Uncertain

EICHERMOT forms Bearish Harami candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares

Book Profit

ICICIGI forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

INDUSINDBK forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

NAUKRI forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

DLF forms Bullish Engulfing candlestick pattern

The pattern appeared at the bottom of the downtrend. This indicates the stock likely to go up.

Accumulate

HINDALCO forms Piercing candlestick pattern

The pattern appeared at the bottom of the downtrend. This indicates the stock likely to go up. Better to accumulate

Accumulate

MOTHERSUMI forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

MARICO forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

MUTHOOTFIN forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

TORNTPHARM forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

TORNTPHARM forms Hammer candlestick pattern

The pattern appeared at the bottom of the downtrend. This indicates the stock likely to go up. Better to accumulate

Accumulate

LUPIN forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

ALKEM forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

APOLLOHOSP forms Spinning Top candlestick pattern

Both sellers and buyers tries to take control. This is uncertainty and it is in downtrend but the price can go up or down.

Uncertain

PIIND forms Hanging man candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares

Book Profit