@CNB, this is what I feel on VSA of those scrips, you can compare the AFL inference.
AXISBANK:
There are signs of strength, but it is going upwards only into a know zone of selling pressure, so the operator may try to test supply. As it seems on charts, the operator is "cautiously bullish". So any failed test of supply could warn of a rapid fall.
CHAMBALFERT:
It can go with ease upto 51-52, and perhaps break over the resistance, but will again retrace a bit to check for supply.
CMC:
Its showing signs of weakness.
GVKPIL:
Perhaps a trap could be setting in.
AXISBANK:
There are signs of strength, but it is going upwards only into a know zone of selling pressure, so the operator may try to test supply. As it seems on charts, the operator is "cautiously bullish". So any failed test of supply could warn of a rapid fall.
CHAMBALFERT:
It can go with ease upto 51-52, and perhaps break over the resistance, but will again retrace a bit to check for supply.
CMC:
Its showing signs of weakness.
GVKPIL:
Perhaps a trap could be setting in.