2 Lower TLs (Black thick) providing a very strong support between 178 - 179.
A hammer formed around the TLs and price bounce showing a bit of bullishness!
RSI also taking support around the TL during the same timeline.
50EMA crossing 200EMA from below and is at a converged spot, adds bit more bullishness!
Stock going up from here and crossing 184, can go up to 187...
A Contra bet!
CMP: 165.75 (Red dotted line - Below PRZ)
PRZ: 167.5 - 171.50 (Black lines)
SL: 158 (Red thick line)
T1: 193 (23.6%) | T2: 208 (38.2%) (Blue lines)
T3: 220 (50.0%) | T4: 233 (61.8%) (Pink lines)
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I am not responsible for any trade action taken by anyone whomsoever on the...
Nifty50 is currently in an uncharted territory and touched a new high of 11,856. Charts show previous resistance levels have formed a new support for Nifty at 11,730 level and if the market continues to weaken further, it would mean Nifty’s failure to cross the new highs. Traders must book profits on the overbought counters and not initiate any fresh longs at...
banknifty as near to strong support, this level not easily cross by banknifty as per market condition. Rupis (RS) is strong againts Dollar and also FII is strong, and important thing is some experiance researcher say banknifty goes up to 35000 in near two months, banknifty goes down 300 point and more and after it level be resistance if banknifty crossed this...
Uflex is in dntrend, but if 200 level sustains and mfi and adx shows divergence and strength may be a turnaround case, the company business seems good prospect. Huge Positive volumes at 200 138 and 106 can be seen earlier. Pls comment on my thoughts
Bullish momentum favours the Aussie and we should see prices head higher from here on and further!
If we get a new higher low that would be a perfect entry for us to enter long all the way to the minor resistance levels at 0.72118
A new trend has emerged with a breakout and retest from the previous downtrend line signalling a new change in trend for the short term.
Expect the price to continue with its Higher High- Higher Low trend support!
today nifty closed red at 10,793.65 with a change 0.35% after touching the 11k mark. After seeing the current chart patterns we can nearest support at 10700 and also we can see the 10620 mark according to pivot points and s&r analysis