Pravesh Gour, Senior Technical Analyst at Swastika Investmart, advised that investors should watch specific stocks when trading resumes. One counter has rebounded from its 200 DEMA and is currently at 3670, with resistance at 3750; a breakthrough could lead to 3850 and 4000. Support is at 3600, with a potential drop to 3450 below that.
For Zomato, after profit booking, a breakout above 225 may target 233 and 250, while support is at 215, with a risk of falling to 200 if breached.
In Ramco Cement, signs of bottoming out are evident, with resistance at 888 and potential gains towards 950. Support is at 800, where several moving averages align.
