TCS
TCS: Trade Plan TCS: Major Demand Zone @ 2070-2080 and 2090-2095. ( Need to sustain above this zone for the up move.)
Wide Supply Zone @ 2105-2140. (No trade Zone for me. Will wait and watch for the double conformation)
Sustain above 2105-2140 supply zone will get the double conformation and may take a long trade in intraday for the target of next supply zone. Also may take a short position in 2100 put.
Supply Zone @ 2160-2170 (Will wait to sustain above this zone for the fresh intraday trade.)
Big move may come if it will manage to sustain above 2160-2170. (May take a long position in intraday trade for the target of next supply zone which is above 2200.)
In short I will take any action in this stock above 2140 level.
Thank x :)
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1755.30
FIRST TARGET~1769.15
INTERIM RESISTANCE~1783.50
FINAL RESISTANCE~1801.40
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LOWER BREAKOUT~1736.85
FIRST TARGET~1726.10
INTERIM SUPPORT~1713.55
FINAL SUPPORT~1688.45
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10435
FIRST TARGET~10481
INTERIM RESISTANCE~10531
FINAL RESISTANCE~10593
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LOWER BREAKOUT~10336
FIRST TARGET~10295
INTERIM SUPPORT~10252
FINAL SUPPORT~10200
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for RELIANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1760.35
FIRST TARGET~1771.15
INTERIM RESISTANCE~1782
FINAL RESISTANCE~1793.50
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LOWER BREAKOUT~1739.95
FIRST TARGET~1726.55
INTERIM SUPPORT~1711.25
FINAL SUPPORT~1688.95
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
TCS in Rising Wedge patternTCS closing is 2045.80 is showing the #rising wedge pattern on the daily basis and in the downside must be a break and close below 2000 and stay 1 day then come again 1965-1930-1900 again. Sell near 2020-2035 then stop loss is 2070 and in upside, hope is only above 2160+ close one day then come to 2220-2270-2360.
TCS- Near Critical Levels Looking for Higher TargetsEven when the NIFTY broke below the crucial level of 9150 yesterday and closed below 9000, some of the IT stocks did well. TCS has been moving in an upward trajectory and has been making higher lows. If the stock manages to stay above 1960 levels today, it can attempt levels closer to 2092 in this series. If the stock witnesses selling pressure near to 1960, it can fall back to 1873-1866 levels.
Note:
The first version of this analysis appeared in the educational blog of Center for Research in Asset Markets and Economy (CRAME), Christ (Deemed to be University) Lavasa
DISCLAIMER
The content provided in CRAME blog is for educational purposes only. CRAME or the analyst(s) do(es) not assume any responsibility for the financial decisions/actions made on the basis of the analysis presented in the blog.
Analysts
Prof. Binu P Paul PhD
Prof. Soumya V ACSI
LT KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for LT : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~890.25
FIRST TARGET~896.75
INTERIM RESISTANCE~905.35
FINAL RESISTANCE~913.65
LOWER BREAKOUT~880
FIRST TARGET~875.10
INTERIM SUPPORT~869.15
FINAL SUPPORT~860.85
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for RELIANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1620.05
FIRST TARGET~1628.35
INTERIM RESISTANCE~1635.80
FINAL RESISTANCE~1642.35
****************************
LOWER BREAKOUT~1605.65
FIRST TARGET~1595.55
INTERIM SUPPORT~1584.65
FINAL SUPPORT~1571.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~986
FIRST TARGET~994
INTERIM RESISTANCE~1000.75
FINAL RESISTANCE~1006.45
LOWER BREAKOUT~979
FIRST TARGET~968.40
INTERIM SUPPORT~962.95
FINAL SUPPORT~956.30
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 EXPIRYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9939
FIRST TARGET~9976
INTERIM RESISTANCE~10018
FINAL RESISTANCE~10062
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LOWER BREAKOUT~9833
FIRST TARGET~9790
INTERIM SUPPORT~9740
FINAL SUPPORT~9687
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 17/06/2020 WEDNESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1623.55
FIRST TARGET~1633.60
INTERIM RESISTANCE~1646.70
FINAL RESISTANCE~1664.20
LOWER BREAKOUT~1608.25
FIRST TARGET~1596
INTERIM SUPPORT~1585.95
FINAL SUPPORT~1574.60
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 17/06/2020 WEDNESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9941
FIRST TARGET~9982
INTERIM RESISTANCE~10020
FINAL RESISTANCE~10064
**************************
LOWER BREAKOUT~9872
FIRST TARGET~9837
INTERIM SUPPORT~9796
FINAL SUPPORT~9759
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9845
FIRST TARGET~9880
INTERIM RESISTANCE~9921
FINAL RESISTANCE~9960
**************************
LOWER BREAKOUT~9787
FIRST TARGET~9758
INTERIM SUPPORT~9728
FINAL SUPPORT~9691
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1616.20
FIRST TARGET~1623
INTERIM RESISTANCE~1631.70
FINAL RESISTANCE~1639.70
LOWER BREAKOUT~1604.85
FIRST TARGET~1596.50
INTERIM SUPPORT~1587.80
FINAL SUPPORT~1579
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.