Indian benchmark indices witness a free fall, both Nifty and Sensex shed 240 and 770 points, respectively. After hitting all-time high on January 29, benchmark indices tumbled nearly 3.5 per cent in just four trading sessions. 

Vakrangee is on a selling spree in the markets since January 29. The free fall in the company's stock price was in the wake of possible investigation by SEBI for suspected share price and volume manipulation. the stock formed a kind of Shooting Star pattern at all-time high.

Robust performance from metal majors uplifted the benchmark indices to close at all-time high with nearly a per cent gain from the previous close. Nifty Metal index rose as much as 4 per cent majorly driven by 5.2 per cent gains in Vedanta.

DHFL surged for the second day in a row, after taking support at its significant upward sloping trendline level. The company declared its Q3FY18 results on January 22 which led to an upbeat move in the stock prices.

Indian oil and gas frontliner, Reliance Industries gave multiple resistance breakouts at 957-959 on January 22, posting a new all-time high after its Q3 results.

FMCG giant and cigarette manufacturer ITC gave a slightly southward-titled horizontal trendline breakout at Rs 273 level today. It is the third consecutive uptick for the stock ahead of results which were posted today.

Nifty PSU Bank index has formed a 'falling wedge' pattern on the daily charts and witnessed has a breakout at 3650 on January 17. The breakout was after the index took support at 61.8 per cent retracement level which was also its 200 Days EMA support level.

Nifty Financial Services index gave its multiple resistance breakout at 10560-10570 levels, all thanks to HDFC. The index witnessed a three-week consolidation breakout on the first day of the week itself.

Siemens, a global powerhouse that is engaged in electrification, automation and digitisation, retested a significant Rounding bottom breakout at 1293 levels on a closing basis. During the week the company bagged Gujarat Metro Link Express contract for consideration of Rs. 580 crores.

Den Networks hit an upper circuit at 20 per cent in intraday trade making a new 52-week high and has given downward sloping trendline breakout at 108 levels on weekly basis. Above 134.50, the stock may see potential upside.