AMITSYKb

AMITSYKb

Silver upward momentum formed last Friday to continue and expected to touch it's 20DEMA of $ 22.3 on Monday/Tuesday.

AMITSYKb

Coal india is at the resistance of long term channel. If it doesn't break out a fall from here is expected to rs 284 and then 260 levels. Let's see how is works next week

AMITSYKb

Silver is at 13 months upward channel support, and just above 200 week EMA, and upward journey is expected if it doesn't bbreak these two supports. Let's see how it works next week.

AMITSYKb

Seems to be a failed break out on weekly charts. Let's see

AMITSYKb

Polycab has negative RSI Divergence on weekly charts plus is on the top of weekly longer term chart. Let's see how it plays next week

AMITSYKb

TechM is at the top of the long-term channel with RSI Divergence on the weekly charts. View is it will correct significantly from here in comming week(s)..let's see

AMITSYKb

Nifty IT at the top of the weekly channel At 78.6% Fib Retracement of last 8 years Seems low probability of breaking out (or could be a failed break out) as no strong trigger (except the momentum from last few weeks), US market given a breakdown yesterday. Let's see how it turns out to be.

AMITSYKb

Vedanta seems to be at 3 yrs support trendline. A uptrend soon is expected if fails can go to 224 ...210 or if manage to cross long-term resistance line then 250.....280 Let's see next week

AMITSYKb

Nifty is at a critical stage. It can form a Double Top and start downward journey till 19200 OR if breaks out another journey to 20K+ Let's see next week

AMITSYKb

Polycab is at the top of the weekly channel and the RSI is 80++

AMITSYKb

On daily timeframe Nifty if continues in correction mode may touch 19050 before resuming the upward journey. Let's see

AMITSYKb

On daily TF chart at the top of the channel. Soon we will see a downward journey towards 19200