MAY GO UP TO 9685.9769,9947 PROVIDED POINT B IS TAKEN OUT. NIFTY HAAS SUPPORT AT 8697
Nifty short term resitances marked in red, supports in blue. this is just for reference. please do due diligence before trading
NESTLE..the upmove might be over .. i am not good with waves. do correct me if i am wrong
DJI closed @ 22645. On the upper side, there is a major demand zone @ 22600-23250. We may see higher levels if it will sustain above this major supply zone.
Banknifty rangebound 8000 points
It has made a Bullish Harmonic Alt Shark in Weekly time frame. Sustaining above 16700 on closing basis could lead to the probability of a reversal/bounce till 19500/21500. View would negate below 15700
GOLD had a sharp sell off like equities in the 1st week of March due to Central Banks across the globe pumping liquidity and reducing rates. Besides the domino principle of one pulling the other (losses in equities globally being cleared via unwinding of long gold positions) as one asset manages the other in a systematic risk environment. Current set up suggest...
Take positions only on which ever side there is a breakout of flag. Keep 8 Rs stoploss and Target of 8/16/24 rs. Your Likes and comments are most welcome
mostly chance to go up because this is strong supprt
TORNTPHARM #Chart Analysis for education purpose.
It Looks like Nifty will continue its downtrend as it is clearly seen on weekly charts. Recent Rally was only a pullback and Nifty may continue its downtrend in this month also. Sell Nifty if breaks and sustains below 7490 Targets would be T1- 6818 & T2- 5948. Stoploss would be 7888. This view is only for Educational purpose. Ask your financial adviser before...
INFY formed an inside candle on weekly chart after a big green candle formed in earlier week. if it closes below 524 levels on weekly basis, it can fall upto 430 lelves, which can act as a long term support. as NIFTY also in bearish mode, this target can be easyly achievable.
it started falling from 145, Now at 130 it will retest 100 levels again
Educational Purpose.