Support Levels: Near Support Zone (15m) for Intraday: 48,801 - 49,055 Far Support Zone (75m): 47,386 - 48,245 Resistance Levels: Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20 (remains the same)
Support Levels: Near Support Zone (15m): 23,037 - 23,078 Far Support Zone (125m): 22,642 - 22,911 Farther Support Zone (125m): 22,213 - 22,445 Resistance Levels: Nearest Resistance: All-Time High at 23,338.70
After a sharp selling seen from 23100 YH3 (yearly camarilla 3rd layer resistance), NSE:NIFTY close the week @ 22530 with -426 pts down -1.86%, until it trade above 23100 not expecting new high in the current year. With general election results to be announced on June 4th,it may be a highly voltile week . With 4 days left to weekly expiry June 6👇:: Expected...
As we can see NIFTY has almost recovered the panic which was created due to uncertainty of non performance of NDA government but the trust has been regained after gaining majority. It doesn’t matter if it is done by coalition or alone, NDA will be ruling BHARAT for next 5 years which itself should be a positive news. Now that our PM MODI has finally taken oath, we...
Relince Inds Confirm Targets for 2024 Stock made resistance near 3000 / 3030 , If Break then Relince ind has Huge Targets for this Year . Short term Targets are as Given Below . First Target - 3300 Second Target - 3500 Remark - Wait for Breakout and confirmation
AWHCL | Strong range breakout and retesting - currently has excellent risk reward CMP : 438 (Dip : 380)
The mexican peso has correctly sharply and is revisiting a weekly demand zone from the past. We are expecting a potential bounce coming out of this level from coming week onwards
PEL stock price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. 1st Safe Target 930-940 Key Concepts: Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is often seen as a support area. Bounce Back: When the price...
The mexican peso has correctly sharply and is revisiting a weekly demand zone from the past. We are expecting a potential bounce coming out of this level from coming week onwards
IDFCFIRSTB | Monthly range breakout and retesting at strong demand zone CMP : 77 (Dip : 70)
- Strong breakout possible post levels of 640 which could take the stock into uncharted territory - Strong fundamentals with PE of 30 - Unique competitive advantage of being into business of Green Packaging - Monthly chart also shows rising wedge pattern
Weekly Time frame indicates descending traingle pattern Although Nifty IT is on a reversal track, its hard to predict If it break upwards, it might rally else short
Exactly at horizontal resistance & might revert down to lower channel of rising wedge Any breakout might push the index to higher levels towards the upper channel of rising wedge pattern
Pros: ➡️public holding <5% ➡️highest ever PAT & Sales ➡️continuous reduction in P/E (lowest ever) Cons: Pending cases including GST
Berger paint stock price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. 1st Safe Target 550 Key Concepts: Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is often seen as a support area. Bounce Back: When the...
The price of Ramco Cement is starting to move upward from a weekly demand zone, making it a promising buy at the current market price. The first safe target is the recent supply zone, which is near 821. Therefore, a swing trade from 782 to 821 looks feasible.
Price started from Daily Demand Zone , looks stable and looking for first safe target which next recent supply zone near by price 636. @CMP -606
Price bounce back from weekly supply zone , looking good to buy at @cmp First Safe Target 1434. T2/1565