XAGUSD / SILVER: More down left? As long as 23.82 resists, we can see more down towards 20$
NIFTY @ 19600: BOTTOMING IN PROGRESS? SUPPORTS: 19512/19221 If the above support holds, we can see 21K in the coming months.
ITC @ 442 09-SEP-2023 As long as 355/128 holds support, we will see more up move towards 700/1000/1500
RES: 44977/46403 Sup: 43634/38600 SUPPORT ZONE: 44500-43300 1. If 43634 breaks, downside can be 42550-42200, 41650-40950 can be seen (head and shoulder). 2. If 43634 hold supports and a break of 46400, we will see big rally towards 51K+. As of now my view: Primary: BULL; Alt: Bear
BANKBARODA @ 201 As long as 142/121 holds support, I expect more upmove towards, 227-239-259 287 312-325-344
BXY: British Pound Index @ 128.46 BULL or BEAR? Strong resistance near upper trendline. Will it hold or break? RES: 131.89; SUP: 118.01 Break of 131.89, can see 138-140-146... Below 131.89, 126-124-122 can be seen.
SUP: 15.1/5.9 As long as the above supports hold, we can see 35-38-43, 52-55-61, 68 75-78-89 in the long run.
Breaking Multiyear resistance trendline Above 116, we can see 124-144-150, 178-194-212 264-276-297 351-366-404
NIFTY / NIFTY50 / INDIA50:TOPPING OUT or MORE TO GO? SPOT TGTs: 18990-19080, 19200-19300-370. FUTURES TGT ZONE: 19210-316, 19480-560. REVERSAL From this zone, we can see 18800, 18500, 18100 before NEXT BIG BULL RUN TOWARDS 20K/21K.
PHARMA: BIOCON @ 244.90 | 17-JUN-2023 Sector: Biotechnology & Medical Research BETA: 0.61 FACE VALUE: 5 DIVIDEND YIELD: 0.61 BOOK VALUE: 78.87 SUP: 189/12 As long as this support holds, we can see 610-780, 960-1030
PHARMA: BIOCON @ 244.90 | 17-JUN-2023 Sector: Biotechnology & Medical Research BETA: 0.61 FACE VALUE: 5 DIVIDEND YIELD: 0.61 BOOK VALUE: 78.87 SUP: 189/12 As long as this support holds, we can see 610-780, 960-1030
METAL: TATASTEEL @ 114.25 | 17-JUN-2023 Sector: Iron & Steel BETA: 1.27 FACE VALUE: 1 DIVIDEND YIELD: 3.15 BOOK VALUE: 84.43 SUP:83/24 Broken multi year trendline and trading above it. I expect 150-170, 240-255 in the long run.
MEDIA: DISHTV @ 14.30 | 17-JUN-2023 Sector: Cable & D2H BETA: 1.36 FACE VALUE: 1 DIVIDEND YIELD: -- BOOK VALUE: 4.75 Small SUP seen around 10. Above 18, we can see 30+.
IT: WIPRO @ 381.30 | 17-JUN-2023 Sector: IT Services & Consulting BETA: 1.04 FACE VALUE: 2 DIVIDEND YIELD: 0.26 BOOK VALUE: 119.39 SUP: 346 As long as this support holds, we can see 600/700/1000+
FINSERVICES: IEX @ 125.80 | 17-JUN-2023 Sector: Power Generation/Distribution BETA: 1.07 FACE VALUE: 1 DIVIDEND YIELD: 0.79 BOOK VALUE: 5.84 SUP: 71/34 As long as the support levels hold, we can see 250-290, 390-460, 560-605
ENERGY: ADANIGREEN @ 975.05 | 17-JUN-2023 Sector: Renewables BETA: 1.23 FACE VALUE: 10 DIVIDEND YIELD: -- BOOK VALUE: 16.62 SUP: 447 Reversed from my downside target zone. Upside targets: 1570-2300, 3120-3500, 4100+
BANK NIFTY: IDFCFIRSTB @ 81.70 | 17-JUN-2023 Sector: Bank - Private BETA: 1.41 FACE VALUE: 10 DIVIDEND YIELD: -- BOOK VALUE: 31.02 RES: 84; SUP: 52/17 Above 84, we can see 86-92, 105-113, 142-150, 163-180