Large Caps on Radar–L&T , M&M , Indigo, Indusind Bank , Tata Communications

A quick check on some interesting setups in Large Caps.

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Larsen and Toubro

  • Holding well above the breakout of the previous high of 2021.
  • Retest done couple of times.
  • Relative Strength.


Mahindra & Mahindra

  • Clear cut leader in the Auto Pack
  • Support of 1200 multiple times.
  • Breakout done today
  • Dips if any an opportunity.

M&M breakout

The other Nifty stock to watch would be Reliance and ONGC. Nifty Oil and Gas nearing a breakout.


  • Multiple attempts at 2060 in last 5-7 sessions.
  • Major resistance at 2080-2100.


Indusind Bank

  • Still available below pre covid highs.
  • Multiple attempts done at 1280 resistance.
  • Can be a big breakout going forward and a new leader in banking.

Indusind Bank

Tata Communications.

  • On watch for a confirmation above the 1350-1390 mark.

Tata Communications

We came out with a Research Report - Market kya lagta hai? where we have highlighted few trends in Domestic Indices, Sectors and Stocks

Do buy it for 1499/-

Charts and view shared in the report:

  • Nifty 50
  • Nifty 500
  • Nifty Mid 100
  • Nifty Smallcap 100
  • BSE Smallcap
  • Nifty Bank
  • Nifty PSE
  • Nifty IT
  • Nifty Auto
  • Nifty Infra
  • Nifty Metal
  • Few Ratio Charts
  • Sector on Radar: Sector 1 and Top Picks
  • Sector on Radar: Sector 2 and Top Picks
  • Sector on Radar: Sector 3 and Top Picks
  • Few other stocks from smallcap / midcap space
  • In total we have covered 14 stocks (Targets, Stoplosses along with the Technical Charts )

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