Dow jones historical chart from Apr 2013 to Sep 2015.. this chart is shared to compare the historical move of index in past and current structure formation.. soon will send the recent chart of dow jones,, and all viewers should compare both the chart to understand how history repeats..
A daily close above 291 and remaining above the level will confirm if it has the requisite steam to make a worthwhile move
Next intermediate target 17.40 before any resistance is met.
Fresh long can be initiated above closing of 26.40. Broke out today.
Bottom fishing daredevil enthusiasts may take a chance at a level just shy of 1900. Not much lower level is seen in near term. This is in continuation of earlier remarks of coming low level at 1800, which is updated now.
On the Daily timeframe chart we can see there was Head & Shoulder pattern formed in this stock but then, trend was very strong, so prices just kept going up and Head & Shoulder pattern voids and this stock is in strong uptrend. This week this stock had a breakout and is ready to go further up. Its multiple years High is 680. This is our first target and above 680...
I think it will not go below 1792.
Recent top at 13.55 will be challenged once 12.15 is crossed by December or earlier.
Solid support at 3600, ultra conservative target 4225 by Mid January '21
Good support at 786, intermediate term target 925
Immediate resistance is at 351, coast will be clear when it moves past 425 by say, mid-January '21
May however give another opportunity once it reaches around 1675 level. Support around 1500-1525
Closing above 136 is important for renewed bullishness
We will now wait for it to cross 800 in a couple of weeks to see happy days here again. A good cross over took place on Friday
Holding above 350 is important for achieving the next intermediate target at 545
Immediate resistance at 906. Let us wait till it crosses the level
Nifty Advance Astro Time plate shows intraday trend much in advance before the trading starts so one can plan its intraday trades... I here with showing in 15min chart as lower time frames not permitted else trend is well catched in 5min/3min