Support 96, target 144. Bullishness to be seen is more likely for the recent break away from the bearish umbrella.
In a bearish frenzy SBI may revisit 170, which would be a little surprise, more expected move will be closing above 201.5 on Monday. We will wait.
Immediate support is seen and up move may resume . If the support breaks, the next strong support will be at 525, in bullish move target will be 760
TARGET = 50,700 Clear Trendline and soon it will break Gold Price Will be more DOWN once Covid-19 vaccines comes out fully . Have a selling mindset in gold even after vaccines comes to INDIA .
if sustain at 195 then it will went 205
Support is likely to come either at 325, or if does it not hold then 300. Once it turns bullish, 425 will be the next target
might hit 174 if do not go below 136! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
While there is a possibility that it may go down up to 338 in short term, there is a support nearby which may hold the downfall at CMP or today's low and by 17th August we may see a level of 417. If it happens so, it may turn bullish there after.
One of best stocks for TUESDAY. I give you three levels (highlighted by yellow colour). Use these levels as a support and resistance levels for Monday. As you can see the lowest level I mentioned that is 33.00 and if any one take a buy order in that level then he/she gained almost 15% . NSE:KISORAMIND *** Disclaimer: Here I only share the result of my analysis and...
If the support is held it is likely to consolidate for about 45 days with an upper bias before good move comes
Likely to cross 99.25 on Friday. If it does so as anticipated and remain bullish there after, the next target will be expect 120/ 133 by August end/ early October '20.
Support for the next week ranges from 113-114. Break out possible on the next week if it is able to cross 135.90 on 11th August.
May consolidate for some time around 810 with support in the range of 790-808. If up move starts, there is a resistance at 918 likely to be encountered in a month's time and if it is crossed, year end target will be in excess of 1078
By end of the next week an up move may come. Target will be 95-99 in say, one month time.
Price Action Analysis: On a weekly time frame price action in the current week formed a Bullish SKR price bar pattern to final close at 21754. In the previous week price action resulted into a down bar. With the start of the week price violated the low of the previous week and recorded a low at 21031. Throughout the current week the low of first day of the week...
Price Action Analysis: The present scenario in Nifty reminds me of a paradigm MOB - Make or Break situation. The previous week price bar structure was a Bearish SKR. On Monday price opened at 11057 and recored a low 10882 breaking the low of previous two weeks. But the low of Monday was protected throughout the current week and price advanced making higher low...