upmove above 55. made a strong base between 50-52 & 42-43
furious upside moment can be expected above 63.5 MCB. support at 54.85 - 48.8, targets 88 - 106 - 125 in next 6 months probably.
Doji at support followed by a marabozu candle and decent volume. can be held for previous highs followed by fib targets thereafter.
Subex consolidation completed up move started. it will reach up to 74. it respected 55.70 going towards 74.30
above 65.6 it shall touch 84-88. support at 62.85-60
STRONG SUPPORT BWTWEEN 60-61. SHOULD TRADE ABOVE 63 OR BELOW IT CAN SLIP TO 57-56. NEXT UPMOVE CONFIRMATION IS ANY CLOSE ABOVE 67
it shall stay above 69 to continue the upmove or it need to consolidate here for sometime. support at 65-62
channel top is around 80 in this current up move
HISTORICAL SUPPORTS ARE NOW NEW TARGETS/RESISTANCES
BSE:SUBEX Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
let it cross 101.5 by august or september.
Subex Daily Trendline -- should continue to follow the trend.