MCX natural gas is weak below 400 and more weakness to continue below 375 for target of 365---360
crude oil reversed from supply zone near $79 and intensified the selling pressure below our selling level $74 now downside demand zone is $67--$68... if broken than straight away $61 crude oil collapsed new Covid variant led to fears of renewed mobility restrictions, potentially hitting demand from the air travel market.
mcx natural gas abv 377 bias is positive will have more strength if breaks 385 Weak below 360 only...
#GC_F - trading in a triangle... patiently wait for breaking of pattern.. $1880--- $1670
banknifty retesting the breakdown level of channel... now previous channel support became the resistance... 37250 is the immediate resistance and hurdle for bull below this weakness wil continue
gold is weak below 49500 and weakness will continue if sustains below 49200 for target 48900 and below
biocon broke out the trendline with 3 white soldiers... and going for 3 wave up... 2nd wave completed near golden ratio 61.8% and bounced for 3rd wave.. breaking of high of 3 white soldiers will give more bullish mommentum
Banknifty no trade zone for intraday 39954---39795 If sustains above this zone than TGT 40200 and if sustains below this zone than 39500 short below 39795 active
BANKNIFTY in contracting triangle... range is slowly contracting 36400--36800 with Gann Resistance 36865.. Bulls need to sustain above this breakout or breakdown will decide further clear trend
BAJAJ AUTO trendline breakout with volume for target of 3800+++
natural gas showing -ve diversion in gann resistance zone 380-400 price confirmation needed... braking of 380 may bring weakness
Reliance resisted near Gann level 2500 made doji at the top and subsequent candle broken low givne low risk trade to short ... downside support 2400 ... more weakness if broken this support
eicher motor given volume breakout above 2760 may target 2900++ in short term
jswsteel looking weak and wave "v" will start more weakness to follow below 675 in short term wave "v" target 650--620
volume buying happend as analyse on chart and now moving above 540
infy completed measured move of ab=cd near 1758 & also near gann level 1764 got resisted now more weakness below 1670 for min tgt 1640--1620
banknifty completed wave "A" and now wave "B" up going on wave "B" ccompleted inner wave of a , b and it seems wave c too completed near channel top and previous supply zone 36600 and now may go for wave "d" near channel support near 36100-35800
cub breaking of triangle and important gann level 144 will bring weakness and may slip to 140 & below in short term