RECLTD Support & Resistance
#RECLTD
• Current Price: 556.80 (+0.41%)
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Support: ₹550 (Immediate), 500-520 (Trendline)
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Resistance: *620 (Order Block), 660 (Upper Channel)
Patterns:
Mini/CHOCH suggests short-term strength.
IND/B at *550 indicates possible pullback.
BOS confirms long-term uptrend if sustained.
Fundamentals:
EPS: +177% YoY (June 2024).
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Sales: +29%, OPM: +22%.
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Up from 52-week low by: +115%.
Trade
HSCL add in your watch list #HSCL - Himadri Specialty Chemicals, please add to your watchlist
CMP 667
Bullish only above 680
Stock is making VCP pattern and consolidation around 9EMA. It has good volumes
in past few weeks. Can give a good swing trade of 5-7% in the coming days.
Not a buy or sell recommendation, please exercise caution in this volatile week.
Always keep SL.
Tech Mahindra Ltd view for Intraday 3rd October #TECHMTech Mahindra Ltd view for Intraday 3rd October #TECHM
Buying may witness above 1644
Support area 1620. Below ignoring buying momentum for intraday
Selling may witness below 1599
Resistance area 1620
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
GNFC Ltd view for Intraday 3rd October #GNFCGNFC Ltd view for Intraday 3rd October #GNFC
Buying may witness above 703
Support area 693. Below ignoring buying momentum for intraday
Selling may witness below 693
Resistance area 700-703
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
TATA Motors Ltd view for Intraday 3rd October #TATAMOTORSTATA Motors Ltd view for Intraday 3rd October #TATAMOTORS
Buying may witness above 973
Support area 965. Below ignoring buying momentum for intraday
Selling may witness below 955
Resistance area 965
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Jindal Steel and Power Ltd view for Intraday 3rd October #JINDALJindal Steel and Power Ltd view for Intraday 3rd October #JINDALSTEL
Buying may witness above 1043
Support area 1035. Below ignoring buying momentum for intraday
Selling may witness below 1025
Resistance area 1035
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Balrampur Chini Mills Ltd view for Intraday 3rd October #BALRAMCBalrampur Chini Mills Ltd view for Intraday 3rd October #BALRAMCHIN
Buying may witness above 684
Support area 675. Below ignoring buying momentum for intraday
Selling may witness below 675
Resistance area 684
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
BHARTIARTL // level // 1d(BHARTIARTL), you can follow this structured approach:
Support Levels
Recent Lows: Identify significant low points over the past few weeks or months. For example, if BHARTIARTL recently dipped to around ₹700, that could serve as a support level.
Moving Averages: Check the 50-day and 200-day moving averages, as these can act as dynamic support levels.
Previous Support Areas: Historical price levels where the stock has previously bounced back can also indicate potential support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. If BHARTIARTL peaked at around ₹800, that could serve as a resistance level.
Trend Lines: Draw trend lines connecting recent highs to visualize potential resistance.
Psychological Levels: Round numbers like ₹750 or ₹850 often act as resistance.
Example Analysis (Hypothetical)
Support Level: ₹700 (recent low)
Resistance Level: ₹800 (recent high)
DLF // LEVELS 1Dsupport and resistance levels for DLF Limited (DLF), here’s a structured approach:
Support Levels
Recent Lows: Identify significant low points over the last few weeks or months. For example, if DLF recently dropped to around ₹350, that could serve as a support level.
Moving Averages: Check the 50-day and 200-day moving averages, which can act as dynamic support levels.
Previous Support Areas: Historical price levels where the stock has previously bounced can also indicate potential support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. If DLF peaked at around ₹400, that might serve as a resistance level.
Trend Lines: Drawing trend lines across recent highs can help visualize potential resistance areas.
Psychological Levels: Round numbers like ₹375 or ₹425 often act as resistance.
IOC // level // 1dIOC), here’s a structured approach you can follow:
Support Levels
Recent Lows: Identify significant low points over recent trading sessions. For example, if IOC recently dropped to around ₹70, that could serve as a support level.
Moving Averages: Check the 50-day and 200-day moving averages, which often act as dynamic support levels.
Previous Support Areas: Historical price levels where the stock has bounced can also indicate potential support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading. If IOC peaked at around ₹80, that might serve as a resistance level.
Trend Lines: Drawing trend lines across recent highs can help visualize potential resistance.
Psychological Levels: Round numbers, such as ₹75 or ₹85, often act as psychological resistance.
Example Analysis (Hypothetical)
Support Level: ₹70 (recent low)
Resistance Level: ₹80 (recent high)
BANKBARODA // level // 1d(BANKBARODA), you can follow this structured approach:
Support Levels
Recent Lows: Identify the lowest price points over recent weeks or months. For example, if BANKBARODA recently dipped to around ₹150, that could serve as a support level.
Moving Averages: The 50-day or 200-day moving averages often act as dynamic support levels. If the price approaches these averages, they may provide support.
Previous Support Areas: Look at historical levels where the stock has bounced back.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. For example, if the stock peaked at around ₹170, that might be a resistance level.
Trend Lines: Draw trend lines connecting recent highs to visualize potential resistance.
Psychological Levels: Round numbers, like ₹160 or ₹180, often act as resistance.
Example Analysis (Hypothetical)
Support Level: ₹150 (recent low)
Resistance Level: ₹170 (recent high)
FINNIFTY1! // level // 1dNifty Financial Services Index, you can follow this approach:
Support Levels
Recent Lows: Identify significant low points over the past few weeks or months. For example, if FINNIFTY recently dropped to around 18,500, that could be a support level.
Moving Averages: Check the 50-day and 200-day moving averages, which can act as dynamic support levels.
Previous Support Areas: Historical price levels where the index has bounced back can also indicate support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. If FINNIFTY peaked at around 19,000, that might serve as a resistance level.
Trend Lines: Draw trend lines across recent highs to visualize potential resistance areas.
Psychological Levels: Round numbers, like 19,000 or 19,500, often act as resistance.
Example Analysis (Hypothetical)
Support Level: 18,500 (recent low)
Resistance Level: 19,000 (recent high)
QD // level // 1d (QD), here's a general approach:
Support Levels
Recent Lows: Identify the lowest price points in recent trading sessions. For instance, if QD recently dropped to around $1.50, that might serve as a support level.
Moving Averages: The 50-day or 200-day moving averages can act as dynamic support. If the stock price approaches these averages, they might provide support.
Historical Support: Previous lows where the stock has bounced back can also indicate potential support levels.
Resistance Levels
Recent Highs: Determine the highest points in recent trading. For example, if the stock peaked at around $2.00, that could serve as a resistance level.
Trend Lines: Drawing trend lines across recent highs can help visualize resistance areas.
Psychological Levels: Round numbers like $1.75 or $2.00 often act as psychological resistance.
ICICIBANK // level // 1d ICICI Bank (ICICIBANK), you can follow this structured approach:
Support Levels
Recent Lows: Identify significant low points in the past weeks or months. For example, if ICICIBANK recently dropped to around ₹800, that could serve as a support level.
Moving Averages: Look at the 50-day or 200-day moving averages. These often act as dynamic support levels.
Previous Support Areas: Historical levels where the price has bounced can also indicate potential support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. For instance, if the stock peaked at around ₹900, that could be a resistance level.
Trend Lines: Draw trend lines connecting recent highs to visualize potential resistance.
Psychological Levels: Round numbers like ₹850 or ₹900 can often act as resistance.
Example Analysis (Hypothetical)
Support Level: ₹800 (recent low)
Resistance Level: ₹900 (recent high)