F U SEE THE DAILY CHART ITS A LONG ACCUMULATION BY BIG PLAYERS FROM AUGUST TO ALMOST DECEMBER START
THIS STOCK IS TRADING AROUND 60 LEVELS, ACCORING TO WHAT CHART SAYS IF IT BREAKS 70 WE CAN SEE A BLASST TILL 100 LEVELS
SL CAN BE 55rs ON WEEKLY CLOSING BASIS
Nifty - Technical Analysis:
-NIFTY stages rebound after 6-day fall
-NIFTY is testing the 11k resistance and rejection from here can push it lower.
-NIFTY gapped up above 10900 and crossed the intraday high in the afternoon session and saw a good trend till 11k
Market - Driving Factors:
-Top Index gainers: Bajaj Finserv (6.64%), HCL Tech (5.30%), Airtel...
BATA India is among the stocks which is yet to recover to pre-covid levels & still struggling near its low price this year.
ROunding bottom formation observed and it has started rising with volume gradually.
A volume buildup is clearly visible.
Price is trading above 20 DMA and RSI is increasing as well..
All indications are positive. Company has good...
Nifty fell from a range of 12400 to 7500 almost. It regained upto 9950 (0.5) level in fibonacci retracement, and fall nearly around 8800 and again it regained to 10300 and if it goes above that it may likely to fall from 10450 to 10600 range and nifty will be having a huge fall . So, traders and investors dont take risk now . We may have time to get things...
Since March 17, gold has been in a process of market manipulation, leaving us with good entry areas and key signals. As of May 18, 2020, Elliot's impulse wave formation begins with beautiful harmonic patterns and after finishing the cycle of (1-2-3-4-5) with good results, the wave process started corrective (Corrective point "A" exceeds "level" 4 "of the" impulse...
#SunPharma @ 477 || 29-May-2020 | hourly
- A new trend and a fresh view with a breakout of the pattern
- BUY within the GREEN Zone
- Stoploss @ 460
#NSE #BSE #Sensex #Pharmasector #Nifty #nifty50 #banknifty #NIFTYFUTURE #CNXPharma
Bank Nifty overall has been getting hammered over the past couple of weeks and I am expecting some further weakness with the increase in the moratorium period by 3 months. The next support for AXIS BANK is 324.
With the strong recovery of the pharma sector, Glenmark is at the pre-virus levels and has been attempting to breakout of the range. The sector has been in consolidation for several days and it may attempt a breakout to slightly higher levels. The pharma sector may not face sell offs in the midst of the pandemic, in my opinion.
China has reportedly claimed it has had no new coronavirus deaths and only three imported infectious cases as of last week. Authorities have shut down gyms and swimming pools in Beijing amid fears the country is vulnerable to the second wave of coronavirus. In the city of Harbin, more than 70 people have been infected and over 4,000 are being tested after the...
US President Donald Trump has warned that as many as 100,000 people could die of coronavirus in the US.
Speaking at a two-hour virtual "town hall", Mr Trump also denied that his administration had acted too slowly.
More than 67,000 people have already died with Covid-19 in the US.
But Mr Trump expressed optimism about the development of a vaccine, suggesting...
The stock has recovered sharply and has found support at the pre-virus high point. It has also been in consolidation for the past few days, and may continue on it's upward trend this week. Keep an eye on the stock. The support level is at 610-615 zone. Expecting a breakout above 650 this week.
Pharma sector has been a strong performer in this crash and will...
Hey guys welcome for a fresh update.
Ok so this one is the most important chart right now which only few people are looking at, and i think this is the most precise chart to know the current Corona situation.
As most of the people giving importance to only total cases chart, here i subtract recovered cases from total so that we can get the best view for...