An analyst from StoxBx said that The pattern analysis of Adani Enterprises on the daily timeframe shows a stronger pullback rally from the support of the 200-day MA.
An analyst from YES Securities said that ITC experienced a gradual decline as it appears to be bottoming out and consolidating as indicated by the historical chart patterns on the daily chart.
An analyst from Swastika Investmart said that Suzlon is coming out of a long consolidation with strong volume and its overall structure is very bullish, trading above its all-important moving averages.
An analyst from Anand Rathi said that JSW Infra saw a major breakout above Rs 230 mark. It underwent a sharp rally towards Rs 275 and then it witnessed a correction to retest the breakout zone.
Power Grid has been maintaining its bullish trajectory, with prices staying within an upward channel and consistently achieving higher highs on daily and weekly charts, said SMC Global.