Earnings Watch: Bank of Maharashtra Breaks Out; AWL Wobbly, HDFC Life Shows Divergence Ahead Of Q1 Earnings

Traders are tracking technical signals ahead of earnings in three names showing divergent setups.
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Representative Image: Getty Images
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Deepti Sri·Stocktwits
Published Jul 15, 2025   |   2:09 AM EDT
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With earnings on the horizon, traders are eyeing key chart setups in Bank of Maharashtra, AWL Agri Business, and HDFC Life. 

SEBI-registered analyst Rajneesh Sharma shared his technical take on all three ahead of results.

Bank of Maharashtra

Bank of Maharashtra has broken out of a falling wedge pattern and held its ground on the retest, supported by solid trading volume in the ₹48–₹53 range. 

The chart shows a bullish trend, with the stock steadily making higher highs and higher lows. Relative strength index (RSI) above 60 confirms strength. Key resistance is at ₹59.19 — a close above could pave the way to ₹69.49. Support sits at ₹52 and ₹44.47. 

Sharma sees a bullish bias holding as long as the stock stays above ₹52.

AWL Agri Business

AWL Agri Business attempted a falling wedge breakout but hasn't seen strong follow-through yet. 

The trend remains sideways, with resistance at ₹280 and ₹315.50. RSI near 48 is flattening, and volume has been weak. Support is at ₹237.65, and a drop below could retest ₹200. 

Sharma says a close above ₹280 with a stronger RSI would flip the outlook bullish.

HDFC Life

HDFC Life has been moving in a rising channel since 2022, but was recently rejected from ₹810. 

There’s a bearish RSI divergence, indicating short-term cooling. 

If the stock closes below ₹745, it could turn bearish near-term. Key supports are at ₹745.55, ₹720, and ₹688.90.

In summary, Sharma flagged Bank of Maharashtra as the strongest setup going into earnings, while AWL remains in a limbo as its breakout fails to attract buyers, and HDFC Life shows early signs of correction.

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