resistance_level

Maruti Breakout of Long term Resistance line if sustain above 7000 Level Can lead this rally till 7086-7144-7200 Disclaimer: All the Recommendation/View Given in ArrowMoney are only for internal study purpose. Consult your financial adviser before making any investment decision.

HINDALCO TRENDLINE BREAKOUT

Hindpetro has been showing rally and has crossed the resistance level and above 200 ema. The stock is in overbought territory. There can be reversal signs after 1-2 sessions after the rally is halted and stock comes back to normal position.

BankNifty Almost on Monthly Chart Resistance TrendLine Touch 30,000 May not cross & sustain above 30000

Kajaria Ceramic trading near Fibonacci level..strong resistance. Follow Fibonacci levels for tgts

having a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change go short ...

resistance + bad result + rsi (over bought) ->short if 2 red candles develops than go short. SL: 224 short if candle sustain below 221. T1->212 T2->210 (swing)

resistance + mild results can go short tomorrow if it continues the bearish trend.

Intraday buy above 2645 upside 2700 2720 with suppoer 2620 2625

STBT IN DABUR SEPTEMBER FUTURES RESISTANCE STRONG @468 SHORT@460 STOP@468 TARGET@446 LOT:2500 QTY:1

STBT IN TATA STEEL SEPTEMBER FUTURES SHORT@603 STOP@612.5 TARGET@587 LOT:1061 QTY:2

STBT IN CANBK SEPTEMBER FUTURES SHORT@290.25 STOP@293.75 TARGET@277 LOT:2000 QTY:2

resistance

STBT IN HDFC AUGUEST FUTURES SHORT@2178 STOP@2190 TARGET@2165 LOT:500 QTY:1

The price is fixed above the psychological level of 1.4 at the moment. So we expect further growth of our pair. It has overcame the resistance level and had been over the upper boundary of the triangle. Therefore, we will expect further price advance up to approximately the level of 1.42 from which a price correction is possible.

No specific chart pattern is seen(atleast i am not able to notice) will trade according to support resistance and PA.

Nifty Previous Close 11027 Good Morning to all of you... Its Budget day today What will it be like... Will we see Corporate tax relaxation Will the Common Man get some relief in Income Tax Will we see changes in Long term Capital Gain tax... What will happen to Fiscal Deficit etc...etc So many questions... So many possibilities... All will be answered today...

LOOK IN THE CHART....