#Nifty 5Min trading between 12000-12050 consolidation range, If Nifty break 12050 level we can see levels towards 12080-12160 levels (matter or next resistance) & if Nifty Break 11980 level we can see movements towards 11940-11910 levels tomorrow. #Technicalanalysis
#Banknifty bounce from 28,500 level in intraday we need to watch this level carefully becz below this level we can see slip towards 27,500 level but if perfectly hold we can see some more upside. #Technicalanalysis
#Havells trading at important support at 640 level with high volume. If stock able to hold this support we can see upside & reversal from here & if break this support we can see downside towards 600-560. #Technicalanalysis
#Nifty 15M Chart has given breakout on #Cup_handle pattern & now Index can move toward 11.7K-11.77K, but Nifty need to break 11,740 and hold this level minimum 30 minutes. #technicalanalysis
Axis Bank bearish as per me!!! Chart lines saying everything.
Nifty trading at important support level which decide future movement of Nifty.
Larsen and Toubro - Descending Triangle Pattern Currently stock trading in Triangle pattern and now stock trading near almost breakout/breakdown level. If Stock break 1,490 level and sustain below this level we can see downside in stock and if stock break 1523 level and sustain above this level then we can see upside toward 1,540-1,560 level according to chart.
Infratel- Inverted pole and flag Pattern Infratel has given breakdown in inverted pole and flag pattern and now stock can move toward 255-250 level in next 5-6 days with the help of resistance at 273 resistance on daily chart.
Glenmark pharma has given breakout in downtrend channel pattern & now stock can move toward 540-542 level with the help of 527 support on chart.
#Voltamp daily chart has given breakout in curve & pole and flag pattern and now stock can move toward 1,420-1,460 level according to chart with the help of 1120 support level.
#INFOEDGE daily chart has given breakout in chart and now stock can move toward 2,300-2,400 level according to chart with the help of 2,080 support level on chart.
#ADFFOOD weekly chart has given breakout in the chart and now stock can move toward 360 level according to chart support at 260 level.
#Centum has given breakout in Cup and Handle pattern and now stock can move toward 600-630 level according to chart support at 520 level.
Drreddy looking weak on chart and stock reversing from nearest resistance 2,840 level we can see 2,760-2,730 level as per chart if stock break resistance level we can see new upside move in stock towar 2,900-2,940 levels. If Drreddy break 2,720 level we can see more downside in stock as per ascending channel pattern. #ResultpreviewwithMrchartist
IOC trading in bullish pattern but stock nearest resistance at 155.8 level if stock able to hold resistance and close above resistance level post result we can see upside toward 160-165-170 level and if stock not able to hold resistance and break 148 support we can see 144-142 levels post result. #ResultpreviewwithMrChartist
Enginersind trading at triple bottom pattern we can see some bounce back from support price with high volume we can see upside toward 110-115 level post reslt if hold 102 level and if stock break 102 level we can see downside toward 97-93 levels. (Sustain matter) #ResultpreviewwithMrChartist