KFin Technologies formed healthy bullish candlestick pattern on the daily charts with above average volumes. The stock continued uptrend for yet another session and traded above all key moving averages.
Reliance Industries has seen a decisive breakout of downward sloping resistance trendline adjoining highs of January 16 and January 20, and clocked 7 percent rally to end at record closing high of Rs 2,896.
Experts feel 21,000 is expected to be key to watch in the current week, which is full of events including interim budget, and FOMC meet outcome, while on the higher side, 21,500 is likely to be key hurdle, followed by the resistance of 21,700 levels.