Nifty formed a doji on daily time frame. It is near a support of 17600-10. On hourly chart Support - 17350 and 17250 Resistance - 17767 and 17900-20 Wait for the levels to be sustained on either side.
bank nifty is near a crucial level and is volatile. Its sustaining near the same level for the last trading day. Major support on weekly analysis is around 37225-50 and 36820. Resistance 37850-900 and 38125. Between these levels we are not going to trade. So just wait for a breakout on either side.
ZEEL has been taking support from a trend line since 1st October. Now it is in consolidation phase from 28th December above the trend line. It is respecting the trend line and the rectangle consolidation. Wait for it to decide the trend. It will burst.
SBIN closes above the rectangle box. Buy SBIN once it crosses 515.5 in 15 minute time frame. Target 530 Stop loss 508
Bajaj Finance is going to declare its quarterly result. But before the fundamental analysis the stock is in consolidation from last week. On breakout can it can test its new highs. Wait for the breakout and trade with proper target and stop loss.
Nifty has been trading in a narrow range for last 3 days. We can trade the long or short once the rectangle breakout or breakdown Resistance :- 18397 and 18600 Support :- 18080 and17890
On a monthly chart analysis HDFC Bank shows a good consolidation in ascending triangle pattern, The breakout of Flag and Pole pattern can move the stock to upper levels. Hdfc bank is good for long term investment.
Grasim on a weekly and daily time frame looks bullish once it crosses and closes above 1878 level. It can test it's ATH and make new high in the coming week. On Fibonacci retrenchment level target can be 197,2016 and 2077. Wait for the breakout.
Bajaj finance as give a close above Month on Month resistance and can create new ATH. Flag and pole pattern once broke on the upper side and give buy opportunity for the Target of 8000.
Bajaj auto can be bought for a target of 3690-3700 once it breaks the parallel channel. It is forming flag and pole pattern. It's only for buy.
Consolidation in a falling parallel channel. High chance of bullish momentum.
NSE:INFY from 29 september has been consolidating in a decending triangle pattern. Target for the breakout will be the ATH.