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ZINKA LOGISTICS technical analysis**Technical Analysis Report** **Stock Overview:** Zinka Logistics Solutions Ltd. (NSE: ZINKA) is currently priced at INR 400.35. The company specializes in logistics and supply chain solutions, offering services such as transportation, warehousing, and distribution. **Key Levels:** - Support Level: INR 313.05 - Upside Swing Zone: INR 412.10 - Possible Upside Levels: INR 513.30, INR 564.10, INR 628.80 **Technical Indicators:** - **RSI (Relative Strength Index):** The RSI is at 58.54, indicating a neutral position where the stock is neither overbought nor oversold. RSI measures the speed and change of price movements, helping identify potential trend reversals. - **Volume:** The weekly trading volume stands at 380.74K, reflecting moderate activity. Volume is a key indicator of the strength behind price movements, with higher volumes often signaling stronger trends. **Sector and Market Context:** Zinka Logistics Solutions Ltd. operates within the logistics and supply chain sector, which has been experiencing growth due to the rise of e-commerce and the increasing need for efficient transportation and distribution services. The sector has shown resilience, supported by technological advancements and streamlined operations. However, broader market trends, including economic fluctuations and consumer demand, play a significant role in shaping the stock's trajectory. **Risk Considerations:** - **Market Volatility:** Broader market fluctuations could impact investor sentiment and stock prices. - **Economic Conditions:** Factors such as inflation, interest rates, and GDP growth may influence the logistics sector's performance. - **Industry Competition:** The company faces challenges from competitors in maintaining market share and profitability. - **Regulatory Changes:** Any shifts in transportation or warehousing regulations could affect operational efficiency and financial outcomes. **Analysis Summary:** Zinka Logistics Solutions Ltd. demonstrates potential for upward movement based on its key levels and technical indicators. The RSI suggests a stable position, while moderate volume indicates consistent trading interest. The stock's performance aligns with the logistics sector's growth trends, but investors should remain cautious about external risks such as market volatility and regulatory changes. Conducting further research and monitoring sector developments is advisable before making investment decisions. This analysis provides a comprehensive overview while maintaining a balanced perspective. Let me know if you'd like to refine or expand on any section!
NSE:BLACKBUCKLong
by TechnicalAnalystSucrit
BALU FORGE technical analysisStock Overview: Balu Forge Industries Ltd (NSE) - Current Price: ₹609.70. The company specializes in manufacturing precision-engineered components, catering to industries such as automotive, aerospace, and energy. Key Levels: Support: ₹603.55, ₹536.60 Upside Swing Zone: ₹838.80, ₹950.40 Possible Upside Levels: ₹1,092.50 Technical Indicators: RSI (Relative Strength Index): At 49.63, indicating neutral momentum, neither oversold nor overbought, reflecting indecision in market sentiment. Volume: Recent spikes in trading volume during key price movements suggest heightened investor interest and the possibility of price consolidation or breakout. Sector and Market Context: Balu Forge operates within the precision engineering sector, which has been gaining traction due to increased demand from automobile and aerospace industries. The sector has shown resilience amidst global challenges, with a focus on innovation and exports. However, the broader market has been experiencing mixed sentiments, influenced by inflationary concerns and geopolitical uncertainties. Risk Considerations: Market Volatility: Broader market movements, driven by global economic events, could impact the stock's trajectory. Sector-Specific Risks: Dependency on raw material prices and cyclical demand from automotive and energy sectors may pose risks. Company-Specific Risks: Challenges in scaling production or maintaining export competitiveness could affect growth prospects. Analysis Summary: Balu Forge Industries Ltd demonstrates a balanced technical setup, indicating growth opportunities. The company’s alignment with sector trends positions it well for future opportunities, though investors should remain vigilant about external market and company-specific risks before making investment decisions.
NSE:BALUFORGELong
by TechnicalAnalystSucrit
DCM NOUVELLE technical analysisStock Overview: DCM Nouvelle Ltd., listed on NSE, is currently priced at INR 184.92. The company operates in textiles, chemicals, and engineering industries, focusing on manufacturing and selling diverse products. Key Levels: Support: INR 97.76 Upside swing zone: Between INR 159.39 to INR 189.68 Possible upside levels: INR 227.21, INR 356.15, INR 417.80, INR 496.30 Technical Indicators: RSI: The Relative Strength Index (RSI) stands at 49.93, signifying neutral momentum. RSI is a technical indicator used to measure the speed and change of stock price movements, identifying potential overbought or oversold conditions. Volume: The trading volume is at 424.48K, suggesting moderate activity. Sector and Market Context: DCM Nouvelle Ltd. operates in the textiles and chemicals sectors, which have shown mixed performance due to recent global economic shifts. These sectors are experiencing varying degrees of volatility due to supply chain disruptions, inflationary pressures, and evolving consumer preferences. The stock's behavior has aligned with these industry trends, displaying periods of consolidation alongside incremental growth phases. Risk Considerations: Economic Conditions: Challenges such as inflation, currency fluctuations, and slower growth projections could impact the stock's trajectory. Sector-Specific Risks: Issues like raw material price volatility, competitive pressures, and environmental regulations pose risks. Analysis Summary: DCM Nouvelle Ltd. demonstrates promising key levels, indicating potential for growth while maintaining robust support levels. The technical indicators suggest a balanced state, neither excessively bullish nor bearish. The stock's alignment with sector trends highlights its resilience amidst external challenges. Investors are advised to monitor the broader market context and industry-specific developments to make informed decisions.
NSE:DCMNVLLong
by TechnicalAnalystSucrit
IEX technical analysisStock Overview: Indian Energy Exchange Ltd (NSE: IEX) is currently priced at INR 187.62. The company operates an electronic platform for trading electricity and renewable energy certificates in India. Key Levels: Support: 97.55, 144.81 Upside Swing Zone: 163.83, 193.42 Possible Upside Levels: 289.85, 337.10, 397.30 Technical Indicators: RSI: The Relative Strength Index (RSI) is at 56.85, indicating neutral to slightly bullish momentum as it is above the midpoint of 50. Volume: The latest monthly volume is 47.25M, showing a significant increase compared to previous months, suggesting heightened trading activity and interest in the stock. Sector and Market Context: Indian Energy Exchange Ltd operates within the energy sector, which has been experiencing volatility due to fluctuating energy prices and regulatory changes. Despite these challenges, the stock has shown resilience, maintaining a steady upward trend over the past few years. The overall market trend has been bullish, with increased investor interest in renewable energy and sustainable practices, positively impacting IEX's business model. Risk Considerations: Regulatory Risks: Changes in government policies and regulations related to energy trading could impact the company's operations and profitability. Market Volatility: Fluctuations in energy prices and demand can lead to unpredictable stock movements. Competition: The presence of other energy trading platforms and technological advancements could pose competitive risks. Analysis Summary: Indian Energy Exchange Ltd has demonstrated strong performance within the energy sector, supported by increased trading activity and a neutral to slightly bullish RSI. Key levels indicate potential upside, but investors should be mindful of regulatory risks and market volatility. The stock's resilience and alignment with market trends in renewable energy make it a noteworthy candidate for further observation.
NSE:IEXLong
by TechnicalAnalystSucrit
ACI - Double Bottom (Bullish)Archean chemical industries is a leading specialty marine chemical manufacturer in India focused on producing and exporting bromine, industrial salt, and sulphate of potash across the world. Archean is the largest exporter of bromine and industrial salt in India and has amongst the lowest cost of production globally in both bromine and industrial salt. Fundamentally sound company with PEG 0.79, ROE, ROCE, ROIC > 15%. Technicals: Price is above 200MA. Double bottom formation after bearish Head & Shoulder. Trendline is about to breakout. Volumes have been steady in daily chart over the last 5D. Both DII, FII institutions have been increasing the stakes steadily in every quarter. 161.8% fib level would be long term target of 1069 which is also pivot R3 in weekly timeframe. Pivot targets are shown on chart. Disclaimer: Educational purpose.
NSE:ACILong
by naraykln
2
BANKNIFTY – 1 Hour Chart Analysis🧭 Current Price: ₹52,415.15 (As per the chart at the time of screenshot) 🧊 Chart Structure & Observations 📉 Previous Drop: Strong bearish move to sub-₹49,200 levels, then a swift V-shape recovery. ✅ Support Held: Strong support observed at ₹49,156.95 (labelled in blue) and a visual uptrend origin point at ₹49,526.40. 🔼 Reversal: Clean bounce from the uptrend base through key Fibonacci pivot levels – S38, WP (Weekly Pivot), and now holding above R61. 📍 Key Fibonacci Pivot Levels Pivot Level Price (₹) Note R78 ~52,415 💥 Current resistance (testing zone) R61 ~52,108 🎯 Recent breakout zone (now support) R38 ~51,758 Former resistance WP ~50,468 ⚖️ Mid-zone pivot (Neutral Zone) S38 ~49,670 🧲 Lower pullback level S78 ~48,827 🔻 Final bearish support 🟩 Bullish Confirmation Points ✅ Higher Highs and Higher Lows pattern post ₹49,200 support ✅ Strong recovery candles breaking pivot resistance cleanly ✅ Currently trading above R61, indicating bullish bias 📈 Trendline Projection: Long-term green dotted trendline aiming toward ₹55,000+ in continuation mode 🧠 Bias & Strategy Market Mood Bias What to Do Notes 🔥 Bullish Uptrend Buy on dips to ₹52,100–₹51,750 R61 retest = potential entry zone 🧪 Cautious Neutral Wait for breakout above ₹52,500 That would clear out short sellers' zone ❌ Bearish Weak Break below ₹51,265 = alert Losing WP base = bears get aggressive again -------------------- 🧱 Major Resistance Block Ahead The dark red zone above ₹53,000–₹54,000 is a strong historical supply zone. If ₹52,800–53,000 breaks, expect a short squeeze into that block. 🔮 Short-Term Targets (Bullish Case) Target 1: ₹52,800 Target 2: ₹53,500 Target 3: ₹54,500 (only on momentum continuation) 🧩 Suggested Setup (Swing Long) Entry Zone: ₹52,150–₹51,800 (pullback to R61 or R38) SL: ₹51,265 (below WP) Target: ₹52,800 / ₹53,500 Risk-Reward: ~1:2+
NSE:BANKNIFTYLong
by adonisprime
2
MEDICO REMEDIES technical analysisMedico Remedies Ltd. (NSE: MEDICO) is currently priced at 58.75 INR. The company specializes in manufacturing and marketing pharmaceutical formulations across various therapeutic segments. Key Levels: Support levels are identified at 50.23 INR and 34.53 INR, suggesting potential price stabilization at these thresholds. The upside swing zone lies between 59.97 INR and 62.00 INR, indicating an area of possible upward momentum. Key upside levels are noted at 86.82 INR, 100.97 INR, and 118.98 INR, which could act as benchmarks for further price movements. Technical Indicators: The Relative Strength Index (RSI) currently stands at 53.48, reflecting neutral momentum. RSI gauges the speed and magnitude of price changes, with levels above 70 indicating overbought conditions and below 30 signifying oversold conditions. Recent trading volume is recorded at 7.86 million, showcasing moderate activity that suggests the presence of investor interest and the potential for confirming price trends. Sector and Market Context: Medico Remedies operates in the pharmaceutical sector, known for its resilience and strong demand. Recent trends in the pharmaceutical industry highlight growth potential due to heightened focus on health and wellness globally. While broader market volatility has influenced stocks across sectors, the pharmaceutical industry has demonstrated relative stability, outperforming several other sectors. Risk Considerations: The stock faces risks such as regulatory changes, market competition, and dependency on global economic health. Factors like adverse clinical outcomes or shifts in healthcare policies could disrupt growth. Additionally, broader market risks, including interest rate fluctuations, inflation, and geopolitical developments, remain influential. Analysis Summary: Medico Remedies Ltd. portrays a balanced technical outlook with neutral momentum and moderate upside potential if it surpasses the swing zone. The stock's alignment with a stable and resilient pharmaceutical sector supports growth prospects, although caution is warranted due to regulatory and market risks. Overall, the analysis suggests monitoring its progression for further insights without leaning towards a specific buy/sell directive.
NSE:MEDICOLong
by TechnicalAnalystSucrit
Complete Beginner’s Guide to Fibonacci, AutoFibGaugeTitle: Complete Beginner’s Guide to Fibonacci, AutoFibGauge, and How to Plan Perfect Trades! 🎯 ⸻ Many traders hear about Fibonacci but don’t really know what it is or how to use it properly. Here’s a full beginner-friendly guide covering everything — from the math basics to real trading strategies! What is Fibonacci? The Fibonacci Sequence is a set of numbers where each number is the sum of the two numbers before it. It looks like this: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144… This simple rule creates a pattern that we see everywhere in nature: • In the way flowers bloom • In the spiral of seashells • In the structure of hurricanes • Even in galaxies Nature follows Fibonacci. Markets, which are built by human emotions (fear, greed, hope), also often follow Fibonacci behavior. That’s why Fibonacci is important in trading. ⸻ The Special Golden Ratio — 61.8% From the Fibonacci sequence, if you divide a number by the next one (e.g., 21 ÷ 34), you get approximately 0.618 — or 61.8%. This is called the Golden Ratio. The Golden Ratio shows up in art, architecture, music, human faces, and… yes, financial markets. In trading, the 61.8% retracement is considered the strongest potential turning point. If a price pulls back by around 61.8%, there’s a high chance it will bounce and continue the trend. ⸻ What is Fibonacci Retracement in Trading? In trading, after a big move (up or down), the market rarely moves in a straight line. It pulls back (corrects) before continuing. Fibonacci Retracement levels help us predict where the pullback might end and the trend might continue. Commonly Used Fibonacci Levels: • 23.6% — Very shallow retracement • 38.2% — Healthy pullback • 50.0% — Halfway mark (not a Fibonacci number, but widely watched) • 61.8% — Golden zone (high probability area) • 78.6% — Deep retracement before a reversal Traders look at these levels as support and resistance zones. ⸻ What is AutoFibGauge? Normally, drawing Fibonacci manually takes time — you have to find correct swings and plot retracement. AutoFibGauge does it automatically: • Detects swing highs and swing lows • Plots Fibonacci retracement levels instantly • Keeps updating live as price moves ✅ Saves time ✅ Reduces human error ✅ Keeps your chart clean and professional It’s built for traders who want speed, simplicity, and reliability. ⸻ My Default Settings for AutoFibGauge: • Swing Length: 25 • Fib Levels Displayed: 23.6%, 38.2%, 50.0%, 61.8%, 78.6%, 100% • Mode: Automatic (finds swings without needing to adjust) • Visual: Bands instead of just thin lines (for easier viewing) Adjustment Tip: • 15 min chart: Swing Length 20–25 • 1 Hour chart: Swing Length 25–30 • 4 Hour chart: Swing Length 30–40 Higher timeframes = Slightly bigger swing lengths. ⸻ How to Plan Entry: 1. Wait for price to approach a major Fibonacci level (especially 38.2%, 50%, or 61.8%). 2. Watch how the candles behave: • If you see a bullish engulfing candle, hammer, or strong bounce from the level → Good sign to buy. • If price hesitates or gives bearish reversal → Could signal continuation of downtrend. 3. Combine with trend confirmation tools (QMA, Parabolic SAR, moving averages). ✅ Remember: Confirmation is key. Don’t just blindly buy or sell because price touched a level. ⸻ How to Plan Exit: • Set first target at the next major Fibonacci level. Example: • If you enter near 61.8%, target 38.2% or 23.6%. • Another method: Trail your stop-loss behind swing highs/lows as price moves in your favor. ✅ This way you lock profits even if the market reverses later. ⸻ When Fibonacci Works Well: ✅ In trending markets (clear uptrend or downtrend) ✅ When combined with price action or indicators ✅ After strong impulsive moves followed by natural pullbacks ⸻ When Fibonacci Might Not Work Well: ❌ In sideways (rangebound) markets ❌ During extreme news events or unexpected volatility ❌ When used alone without confirmation Always remember — Fibonacci levels are not magical. They are guidelines, not exact rules. You need to combine them with market structure and momentum for best results. ⸻ Real Example (BTC/USD 1H Chart): • After a rally, price retraced into the 50%-61.8% zone. • Bullish candles appeared showing price respecting the zone. • This was an excellent opportunity to plan a long entry with Fibonacci guidance. ⸻ Final Words: • Fibonacci is not only for “professional” traders — anyone can learn it. • AutoFibGauge makes using Fibonacci simple and automatic, even if you’re just starting out. • If you respect the levels, wait for confirmation, and follow a disciplined plan, Fibonacci becomes one of your best trading tools. ⸻ Found this helpful? Tap LIKE ❤ & FOLLOW ➕ for more beginner-to-advanced trading guides every week! ⸻ #Fibonacci #AutoFibGauge #FibonacciRetracement #TechnicalAnalysis #PriceAction #TradingTools #LearnTrading #CryptoTrading #ForexStrategy #SwingTrading #BeginnersGuide
CRYPTO:BTCUSDEducation
by FebinKaderKA
1
SYMPHONY technical analysis Stock Overview: Symphony Ltd., listed on the NSE, is currently trading at INR 1,135.75. The company specializes in manufacturing air coolers and industrial cooling solutions, recognized for its energy-efficient and innovative products. Key Levels: The stock has a key support level at INR 576.15. The upside swing zone lies between INR 925.15 and INR 1,270.70. Possible upside levels are INR 1,974.55, INR 2,323.55, and INR 2,768.15. Technical Indicators: The Relative Strength Index (RSI) is at 50.24, indicating neutral momentum as it is neither in the overbought nor oversold range. The trading volume is moderate at 742.21K, reflecting steady market participation. Sector and Market Context: Symphony Ltd. operates within the consumer goods sector, particularly in the cooling solutions market. The sector has experienced consistent demand due to rising temperatures and a growing preference for energy-efficient products. Despite macroeconomic challenges like inflation and fluctuating interest rates, the consumer goods sector has shown resilience, supported by innovation and sustainability initiatives. Symphony’s performance aligns with these sectoral trends, maintaining stability amidst broader market volatility. Risk Considerations: Key risks include potential fluctuations in raw material costs, which could impact production expenses. Additionally, heightened competition within the cooling solutions market and shifts in consumer preferences may influence market share. Broader macroeconomic factors, such as inflation, interest rate changes, and geopolitical events, could also affect stock performance. Regulatory changes and environmental policies may pose operational and financial challenges. Analysis Summary: Symphony Ltd. demonstrates a stable performance with clearly defined support and upside levels. The RSI indicates neutral momentum, while trading volume reflects moderate activity. The flat MA lines suggest a consolidation phase. The stock’s alignment with sector trends highlights its resilience, though investors should remain cautious of risks such as raw material price volatility and competitive pressures. Overall, Symphony Ltd. presents a balanced outlook, with no direct buy or sell recommendations provided.
NSE:SYMPHONYLong
by TechnicalAnalystSucrit
Nifty 50 Outlook (Intraday View): 10-Apr-2025.If the market opens with a gap up of around 600 points, Nifty is expected to cover the Fair Value Gap (FVG) from 22860 to 22700, which may trigger a profit booking phase initially. After filling the gap, we could see a reversal or bounce-back from 22700 levels, aiming towards 23240, suggesting a highly volatile market today. Key Levels to Watch: FVG Zone: 22860 – 22700 Support Zone: 22700 Resistance Target: 23240 Trade Setup: Be cautious during the FVG fill phase. Look for reversal confirmation at 22700 for long trades. Expect sharp swings—ideal for intraday traders with tight SL and quick targets.
NSE:NIFTYLong
by zaynFin
LAL PATH LAB technical analysisStock Overview: Dr. Lal Path Labs Ltd., NSE, current price: INR 2,667.75. Dr. Lal Path Labs Ltd. is a leading diagnostic and healthcare service provider in India, offering a wide range of tests and services. Key Levels: Support levels: INR 2,068.65, INR 1,476.85. Upside swing zone: INR 2,710.75, INR 2,348.15. Possible upside levels: INR 3,938.90, INR 4,530.70, INR 5,284.50, INR 7,461.35. Technical Indicators: RSI (Relative Strength Index) is at 50.20, indicating a neutral momentum. Volume is at 2.6M, showing moderate trading activity. MA (Moving Average) lines indicate the stock is currently above the long-term moving average, suggesting a potential upward trend. Sector and Market Context: Dr. Lal Path Labs Ltd. operates in the healthcare sector, which has shown resilience and growth potential, especially in the post-pandemic era. The overall market trends indicate a cautious optimism with healthcare stocks generally performing well due to increased demand for diagnostic services. Risk Considerations: Potential risks include regulatory changes, market volatility, and competition within the healthcare sector. Economic downturns or adverse events could also impact stock performance. Analysis Summary: Dr. Lal Path Labs Ltd. shows a balanced technical outlook with key support levels providing a safety net and potential upside levels indicating room for growth. The stock's performance is aligned with sector trends, but investors should remain cautious of market conditions and sector-specific risks.
NSE:LALPATHLABLong
by TechnicalAnalystSucrit
1
SMLISUZU technical analysisTechnical Analysis Report Stock Overview: SML ISUZU LTD, NSE, current price: ₹1,688.65. SML ISUZU LTD is engaged in the manufacturing and sale of commercial vehicles and related components. Key Levels: Support: ₹750.90, ₹1,120.45 Upside swing zone: ₹1,371.00, ₹1,582.90 Possible upside levels: ₹2,387.95, ₹2,757.50, ₹3,228.30, ₹4,587.85 Technical Indicators: RSI (Relative Strength Index) is currently at 54.36, indicating a neutral momentum. Volume is at 489.15K, showing moderate trading activity. MA (Moving Average) is trending upwards, suggesting a potential bullish trend. Sector and Market Context: SML ISUZU LTD's performance should be analyzed in the context of the commercial vehicle sector, which has shown resilience and growth potential. The overall market trends indicate a recovery phase, with increased demand for commercial vehicles. Risk Considerations: Potential risks include market volatility, changes in regulatory policies, and economic conditions that could impact the commercial vehicle industry. Additionally, supply chain disruptions and fluctuating raw material prices might influence stock movement. Analysis Summary: SML ISUZU LTD shows promising technical indicators with potential upside levels. However, investors should consider sector performance and market conditions, along with possible risks, before making investment decisions.
NSE:SMLISUZULong
by TechnicalAnalystSucrit
Reliance Eyes Reversal from Key SupportTopic Statement: Reliance has undergone a healthy correction in line with the broader market and is showing signs of a potential reversal from key support levels. Key Points: - The stock is taking strong support at the 38.2% Fibonacci retracement level near ₹1147. - Candlestick pattern indicates the formation of a potential double bottom. - Price is trading below the 180-day EMA, suggesting an oversold condition. - Weekly RSI stands at 37.5, further confirming the stock is in an oversold zone.
NSE:RELIANCELong
by yogeshwar
SBIN ready to accept your cheque soonStock Overview: State Bank of India (NSE: SBIN), current price: ₹768.60. SBI is India's largest public sector bank, providing a wide range of banking and financial services across individual and corporate sectors. Key Levels: Support: ₹719, ₹667 Upside Swing Zone: ₹734, ₹768 Possible Upside Levels: ₹872, ₹924, ₹991 and ₹1183 Technical Indicators: RSI (Relative Strength Index): Current RSI is 49.97, reflecting neutral momentum with no signs of the stock being overbought or oversold. Volume: Daily trading volume is robust at 27.83M, indicating consistent market participation. Moving Averages (MA): The stock is trading above its short-term moving averages (e.g., 13-day MA), which suggests some bullish traction. However, it remains below longer-term MAs (e.g., 200-day MA), implying an overall mixed trend. Sector and Market Context: SBI is a leader in the banking sector, which continues to show growth amidst increased credit demand and improved asset quality. The overall financial sector has benefited from resilient market conditions and positive economic recovery trends. Market sentiment aligns with stability in the banking domain, although global interest rate movements and inflation pressures remain influential factors. Risk Considerations: Key risks include exposure to non-performing assets (NPAs), changes in monetary policy, or macroeconomic factors such as inflationary conditions and interest rate volatility. External events like geopolitical tensions or a global economic slowdown could also impact stock performance negatively. Analysis Summary: State Bank of India exhibits stable technical patterns and benefits from its strong position within the banking sector. While upside levels indicate growth opportunities, potential risks should be carefully monitored to ensure balanced investment decisions.
NSE:SBINLong
by TechnicalAnalystSucrit
Positional or Longterm Opportunity in ABBGo Long @ 5432.1 for Targets of 6510, 7015, 7520, and 8024.7 with SL 439.15 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. Besides, a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.5 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple) which earlier was acting like resistance but now is providing support to the stock.
NSE:ABBLong
by Nimish_Ghagare
2