Moody's Downgraded rating on Axis Bank Loans —Considering the current market situation and news, incase if breaks the trend we will see further downtrend in AXIS Bank.
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Stock is in Downtrend and after breaking down recent support trend line it has posted pullback which terminate at 38.2% Fibonacci levels of previous down move....it seems like stock may hit new low from here
ITC Limited is always a positive trend stock and the consumer will increase on daily basis, since major people cannot avoid cigarette once they addicted to it.
I did deep dive analysis in ITC and noticed, deep fall in it as per technicals. It was one of challenging analysis in technical in recent times for me, since the analysis is opposite to what it is...
ASIAN Paints is downtrend on short term, but uptrend on Long term. I marked the trend channel with control lines in charts, the prices oscillates within channel.
Cycle 1 - (Short Term Target)
Target 1: 1434
Target 2: 1401
Target Date : 23rd Sep, 2019
Cycle 2 (Long Term Targets)
Target : 1726
Target Date : 18th Jan, 2021.
NIFTYBANK today failed to hold the level of 28000 and is expected to continue the downtrend for now, NIFTYBANK current support is still in action and is placed at 27620(Today almost touched the SUPPORT with low of 27641), after breaking which it could touch the levels 27400. Tomorrow is NIFTYBANK expiry and a good movement can be possibly seen. Please trade with...