Stockline
NIFTY 50 Divergence Spotted Hourly TFNIFTY 50, Short-term divergence spotted.
Breakdown of current level may further slip in short term.
Support is around 16125-15950, on the top side 16340-16495
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Updated on: 07-AUG-2021 9.50 pm
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NIFTY NEAR RESISTANCENIFTY NEAR RESISTANCE
NIFTY seems not much promising, staying in the range of 15650 to 15900 for many days.
A resistance break with good momentum can give an upside move to 16000 and above.
support is around 15600.
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Updated on : 02-AUG-2021 7.40 pm
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NIFTY WEAK ON CHART, CONVERGENCE SPOTTED ON HOURLY CHARTNIFTY 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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Updated on : 30-JAN-2021 3.50 pm
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Nifty Analysis for tomorrow 25 Jan 2021Nifty 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 ema,
another support level is 14075 which is also 200 period ema of 1 hour time frame,
breaking 200 ema will lead to extreme support level of 13765.
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Updated on : 23-JAN-2021 2.25 pm
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Nifty50 Outlook for 8 Jan 2020Nifty 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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NIFTY Multiple Rejection Confirms Strong ResistanceMultiple 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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Updated on : 27-NOV-2020 6.00pm
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NIFTY Triangle FormationNIFTY 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 MomentumICICIBANK 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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Tech Mahindra Bullish MoveTech 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 PatternCOLPAL- 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 PatternM&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 bottomNIFTY 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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HINDUSTAN UNILEVER UPTRENDHINDUNILEVER 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 MOTOCORP A retracement rally.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 downtrendNifty, 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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