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On daily chart, DJI took resistance at upper band of rising channel. RSI failed to cross 60 mark which is showing lack of
strength in the price. Index may witness some profit booking at higher levels. Sell on rise strategy should be taken in near
term.
ADT: ADT may move higher till 8.08 and 8.38 levels but profit booking at higher levels cannot be ruled out till it trades
below 8.10 mark. Closing above 8.08, may take price higher till 9 odd levels.
AMRX:
ANCN
YELL: NEGATIVE DIVERGENCE IN RSI. IF IT FAILS TO HOLD HIGHER LEVELS, PROFIT BOOKING CAN BE SEEN.
SBH: IF OPENS GAP-UP BUY WITH STOP OF 20.40 TARGET 21.97 OR BUY IN DIPS
FSLY: RETRACED 61.8%. Any bull candle formation would confirm trend reversal. Support at 58.50
NET: No sign of reversal yet. May fall further till 57 odd levels.
CRWD: Trading between 50-61.8% Retracement levels. May consolidate further. Below 168, Stock may come down till 155
marks.