SILVER CHANNEL BREAKDOWN
If further slip, nearest support will be
around 67700-66501 in short term,
resistance around 71400-72100.
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Updated on : 27-FEB-2021 12.50 pm
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NIFTY WEAK ON CHART, CONVERGENCE SPOTTED ON HOURLY TIME FRAME.
Recently Nifty breached all given support and shows weakness on chart.
A short term convergence is seen on hourly time frame,
Next support will be around 13575-13445-13225
and resistance will be around 13740-13955.
One should consider price action and
should not rush to trade.
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COLGATE PALMOLIVE Downtrend
Colgate Downtrend, a pullback and downtrend continues,
if support area of 1520 will break and stays below, then further downside can be seen upto 1488-1465.
And if reverse from this area resistance will be 1568-1595.
Nifty showing negativity but still we are making higher high and higher low,
We will not consider it downtrend unless it breaks its previous swing low of 14230.
Breaking low of 14230 will make a kind of double top pattern and staying below that level
will bring nifty to downtrend.
As per my view nifty should take support at current level which is 100 period...
Nifty closes nearly flat and it looks like taken support from 100 EMA at closing.
If nifty stays above level of 14155 we may expect uptrend
Resistance will be at level 14155-14220-14245 and
Support will be around 14115-14050-14000
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Updated on : 7-JAN-2021 7.30 pm
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Multiple rejections confirm Nifty Strong Resistance
Around 13030 nifty has strong resistance, rejection has been seen multiple times around this level.
Talking about Resistance for Nifty50 will be around 13095 and 13140 which is near the previous high.
One may find support around 12870-12760 for the short term.
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Titan
Retraced to Fib level
Resistance levels will be around 1295-1310
Support around 1268-1255 in short term
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Updated on : 12-NOV-2020 7.50pm
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NIFTY Triangle Formation
Bullish Move if breaks and stays above 12760
Resistance levels will be around 12790-12860
Support around Trendline and 12640-12520
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Updated on : 12-NOV-2020 7.25pm
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ICICIBANK Shows Strong Momentum
Being in rangebound if breaks and stays above 490
Resistance levels will be around 501-515
Support around 473-460
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Updated on : 11-NOV-2020 8.10pm
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NIFTY HIGHER HIGH
Hurdle faced at 12765
Support around 12665-12575
Resistance around 12790-12860
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Updated on : 11-NOV-2020 6.30pm
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Tech Mahindra Bullish Move
Breaking trendline, we may see the level of Resistance around 857-880
On Downside Support around 830-810 in short term.
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Updated on : 06-NOV-2020 7.25pm
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COLPAL- Flag & Pole Pattern
If breaking the trendline, we may see the level of Resistance around 1510-1540
On Downside Support around 1450-1434 in short term.
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Updated on : 05-NOV-2020 6.00pm
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M&M-Mahindra & Mahindra Triangle Pattern
May see the level of Resistance around 624-648
On the downside, support is around 588-575.
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Updated on : 05-NOV-2020 1.30pm
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NIFTY Reversal Pattern, Double bottom
Positive Global Cue may set a peak
Resistance around 11990-12025,
Support around 11750-11615.
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Updated on : 04-NOV-2020 1.00am
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BankNifty, Rally may resume.
Resistance will be around 25990-26220
On the decline, support will be around 25100-24840.
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Updated on : 04-NOV-2020 1.00am
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HINDUNILEVER UPTREND
We may see levels of 2220
On downside support is around 2145,
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Updated on : 27-Oct-2020 12.00pm
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HERO MOTO CORP A retracement rally.
Currently in a downtrend, retraced and may continue to drop.
The nearest support is 2860, on the upside resistance is around 3000
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Updated on : 27-Oct-2020 12.00pm
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Nifty, Two possible scenarios, range-bound or downtrend.
In any case, a breakout above 11925 the next resistance will be 11970-12000
On the decline, support will be around 11820-11720 in short term.
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Updated on : 27-Oct-2020 12.00pm
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