Therefore, traders are advised to hold longs with a strict stop-loss at 21,800 levels. The upside momentum is likely to accelerate once the resistance of 22,310 is broken.
Titagarh Wagons is witnessing a breakout of Bullish Flag formation to resume its classical uptrend. It is respecting its 9-SMA beautifully which is currently placed at Rs 120 level, said Pravesh Gour of Swastika Investmart
After some profit-booking in the past week, stocks are likely to be rangebound in the week ahead, analysts said.