In today's trading session JSWSTEEL gives breakout of its previous resistance. Also, RSI indicating bullish divergence in stock. According to Fibonacci retracement level minimum target expected in JSWSTEEL is 474+ in the upcoming trading session.
Low Risk Setup available in Valiant Organics for Positional trade.
Refer Chart for targets & duration.
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In weekly time frame after making a Bullish Hidden Divergence near an Ichimoku Kumo it has now activated a Bullish C Clamp. It has strong support near 3600 with minor resistance at 3900. Probable upside for 4600 and then 5100. View negates below 3500
NIFTY: Daily price action has created a resistance on the chart. Now 12015 (spot) levels will be acting as resistance. The dominant trend is up, the prices are trending above the kumo indicating strength. Momentum has slowed a bit, however it is expected to pick up in the coming sessions if 11820 holds on closing basis. Below 11820 Nifty may drift down 11560...