Hi, NSE:INDRAMEDCO has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry,...
**Technical Analysis for Nifty 50 - October 6, 2023** **Support Levels:** 19500, 19400 **Resistance Levels:** 19600, 19650 **Overall Analysis:** The Nifty 50 is expected to trade sideways tomorrow, with support at 19500 and 19400, and resistance at 19600 and 19650. The index is currently trading in a range between 19400 and 19600, and it is likely to remain...
TATASTEEL can give good upside move above 1229 zone R:R the setup can be used for positional trade. SL and Targets mentioned in the chart.
NIFTY has a support zone of 16.800-17,000. If this base remains intact in Feb, We have 20K in a short while
Expecting a gap up opening in Nifty. In case Bullish Breakout is taken out on upside we can expect 17500. Any pull back is a buying opportunity. If you get nifty around Bearish Reversal zone or R1 and support confirmed we can go long. Being RBI event , can expect good volatility hence trade safe.