TECHM is at important zone of support. Awaiting for a little retracement above 1055.
Bulls will be active above 480 level and bears will be aggressive below 430. There was continuous lower highs and consolidation. Expecting a blast in upcoming days.
If this zone acts as a strong resistance, we can expect a great fall. If it is sustained above this zone, buy positions can be considered.
2200 ZONE - A strong support turned into resistance. Anticipating further fall below 2030.
Think about bulls only above 34800. Bears will be aggressive below 34000.
A long time resistance zone turned into a strong support. Awaiting for a bounce back. If the support zone is broken, a great fall is anticipated.
Perfect lower highs and higher lows. Expecting a terrible breakout in the upcoming week.
It reached the strong support zone in weekly chart. A bounce back is anticipated. If the support zone is broken, we can expect a great fall.
Resistance has turned into a support. We can expect a bounce back from this level or if it breaks this support, we can expect a good fall till the swing low.
If the strong resistance 442 is breached, bulls may start off the rally.
LT is at strong resistance, if it is broken we can expect a bullish rally. Initial target-1800 Final target-2000
Axis bank is at important resistance 753. Inverse head and shoulder pattern is also formed which indicates bullishness. If this resistance is broken, we can expect a strong bullish move.