Ultratech Cement is a sell

Ultratech Cement is a sell. The cement sector as a whole look over-run.
On the AXD charts the ADX line has penetrated below the 20 mark.
On the RSI charts, the indicators have turned around from the over-bought levels and are moving down.

On the MACD charts, the MACD signal line has peaked out and turned around and is about to cross the MACD line. 

Bajaj Auto is a sell for traders

Bajaj Auto is a sell. On the ADX charts its piercing below the 20 mark thus indicating the end of a trend. On the RSI charts its moving towards the oversold territory. On the MACD charts the MACD signal line is just about to cross over the MACD line - which shows the end of the trend.

Hero Honda is a sell for short term traders

Hero Honda is a sell for short-term traders. On the ADX charts its moved into a trading zone from trending zone. On the RSI charts it is in the over-bought territory.
These signals are early indicators for a weak trend in the Hero-Honda prices and further fall is seen.

LUPIN is a sell

Short-tern traders can sell LUPIN,  as its broken down from its trading range. Also on the ADX charts the -DI line has crossed over the +DI line which shows weakness.
Weakness is also seen on the MACD charts where the MACD signal line is breaking below the MACD line.

Praj Industries is a buy

Praj Industries has finished its downtrend. Its out of the down trend channel and has formed a narrow range uptrend.  The ADX chart peaked out at 41 and now closed at 39.83 which shows that the downtrend is over. With that the MACD line has also shown a U-turn and started to move upwards. 

Disclosure: I hold this stock in my portfolio.

Cairn India is a buy

Cairn India has broken out of the downtrend channel.

The ADX has peaked out at 36 and turned around, currently at 34 - which shows that the downtrend has finished.

On the MACD charts the MACD line is taking a U-turn and started to move upwards - which shows a bullish trend in setting.


Disclosure: I personally hold this stock.