Maruti in the very short term looks weak within a sideways corrective which suggests it could test 6800-6700 which tallies with a bullish Harmonic pattern as well as Ichimoku Kumo support provided it does not go above 7350. Near the suggested level of support it could resume a medium term uptrend.
Hello,
Nifty: Strong Supply Zone @ 12200-12225
Make or Brake Level @ 12100-12115
Strong Demand Zone @ 12030-12050
Nifty fall from above 12400 to 12100 and this fall is very sharp. Whenever it will conform it's bottom recovery will also be very sharp. Now juicy trad is almost over.
If tomorrow it will sustain below 12100 then it may test it's...
NIFTY formed an ominous Big Red Bearish Bar near the trendline at the top.
refer to the idea posted a few days before.
looks like a top is formed for sometime. we might have a pullback towards the budget but i dont see todays high being taken out
Bajaj Finserv seems to have hit the long term trendline on the upside.
something to watch for for those who are invested in it..
and seems to be a loooooooongest term divergence mode ;)
