Above high up & below low down Educational purposes
Bharat Forge is a good example of several stocks in the Nifty 500 right now. The stock is stuck between former support that's been intact for nearly 6 years (355) and former resistance that's been intact for nearly 15 years (200). As a market participant, it's difficult to bet on this type of stock longer-term in either direction as long as prices are between...
Nifty will face resistance at 9860-10000 (Major Supply Zone). There is a major neckline in this same zone. On the downside demand zone @ 9380-9560 and short turm major demand zone @ 9160-9280.
All the gaps must be filled properly before any change of trend occurs (Final One being at 8200). Till now the waves have been respected. From next week corrective waves will start forming.
Educational Purpose.
Educational Purpose.
JSWSTEEL at resistence level. Gap down open to the last session close price. entry will be below 180.5 with a easy target of 172. and support trend line is at 166 level.
Nifty will face major resistance @ major supply zone @ 9985-10250 on the monthly chart. On the downside minor demand zone @ 9450-9500 and short turm major demand zone @ 8460-8600 for this month.
Rock Star (Cipla); Flag Pattern Reflected in the Pattern • Cipla is a Rock Star in the last 30-40 Days given good returns in the last one month . • After falling through the huge downwards Channel • Given a Break out and price is falling between major Support and Resistance Zone • Major Support Zone 578 • Major Resistance Zone 619 • Riding between these 2...