As per the Analysis of the NIFTY 50... Head and Shouler Breakdown happened Today and now wait for the Retest or Pull Back. on Weekly Chart there is an Evening Star with Confirmation of the System. Also, if Nifty bounces around 0.618 of the Current Swing, it would be the perfect setup for the Upside for the Flag Target.
As of now at the Peak of the 25K, a Historic High much-needed correction would be there but there is a Flag from COVID lows and retesting and resistance from the zones of 1.618 and 1.5 has been also done. So correction of the NIFTY could go up to pullback levels or 0.382 and 0.5 Zones.
Round Bottom is created and it needs to be completed.
#GODREJPROP All the necessary details have mentioned in the chart.
#ORIENT BELL All the details are mentioned on the chart.
# TATASTEEL After a good correction it has took support from the very Strong zone. Looking Good for long.
#FINEORG Chemical Sector has already corrected a lot, and this one is giving us a nice Breakout. Keep it in your Watch.
#CDSL Back to back huge volumes for 2 days, Keep it in your watch and accumulate at every dip.
#VTL. Closed above the previous resistance with a good volumes, Keep it till next possible target.
#SIEMENS Looking good as it has given a Breakout and above the major resistance level. Keep it on your radar.
#EXIDE Bounced from the very strong support zone and Also a falling wedge created. Risky one can take trade now and safer one can wait till Breakout of wedge.
#HINDCOPPER Breakout and Pullback has been done. Also, Bounced back from the historic Support.
BLUEDART Daily Time frame. Green Candle with a good volume and looks like it will break consolidation in short time. keep an eye with 7-10% upside targets.
ACC Daily TF Enough Downside has been seen now after having lower trend line support it may bounce back.
Already GIVEN a long ago. HNS breakout + PULLBACK both are done. One can see to ADD-ON or fresh position for at least MID TERM.
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