Closure above 560 will make the chart bullish. Hope result will make the turn around possible.
Will break 1/3 line and will be if crosses 345 on closing basis.Support exists at 321.
HEG is out of shadow for the downward trend formed from the top formed on 19.03.2018. Next broad resistance is seen at 4200.
GPIL is in bearish trend holding 1/8 descending line. May fall down to 445 and 426 in short term.
If GAIL manages to close above 345.50 on monday, tuesday's target will be 355.
HPCL held 8/1 ascending angle and is on the way to cross descending 2/1 angle by May end. If the saffron line is maintained, target 350 by June 1st week.
For crossing 1/1 ascending angle trend, it should cross 3575 on closing basis
Likely to break out, being at a conflence point of ascending trend angle support and descending angle trend resistance point.
It is on its last support at 255, hope it rebounds from here.
Next monday Rain may go down to a level of 245 which should hold
Sanwaria touched a low of 15.90. If this support line is held, we may see fresh up move in Sanwaria
HEG should close above its 1/1 resistance to remain bullish post result.
2/1 ascending angle being respected, with a support at 123.90 tomorrow, one can expect the stock to reach 145 in 21 days.
Short term down side seen at 171.85 in short term, before any up move. When 3/1 angle is met, it will act as a support line.
Bank nifty @ Gann resistance. If crosses next resistance @ 26700. Failure would drag down to 25200
In chart Time-series methods of forecasting done for Nifty according to price if 10785 if high of this swing than we look for new low in next 40 day or 25 Bar Any suggestion please comment !!!!!!!!!!!!!!!!!
BUY UJJIVAN @ 422 -420 STOP LOSS OF 410 TARGET 480 TIME FRAME 15 TO 20 DAY'S
Chart can tell you secrets but only in its language. Its up to you to understand it. Its simple and is one for long term investors. Everything is on the chart! Consult your advisor before making decisions.