The Share of Medicamen is facing Resistance at around 570 Levels and thereafter 590-595 Levels ... Totally Wait and Watch Game ... Buy only if it crosses 590-595 Levels ...
23,907 Levels will act as Support Levels whereas 24,200 Levels will act as Strong Resistance Levels ... Also Note that A Break Out has been given by NIFTY BANK on the Trend Line by crossing 24,016 Levels , So Now We may buy NIFTY BANK with Stop Loss of 24,016 Levels for Targets of 24,200 Levels and Further Long If NIFTY BANK crosses 24,200 Levels ...
On Charts , We can clearly see that Share of RIL is trading in a Narrow Range of 1540-1600 Levels , We should wait for any breakout ... Also Note that A Symmetrical Triangular Pattern has been formed by RIL and On 2/3rd Part of Apex , It has given a bearish trend from lower trend line because of the correction in Indian Markets ... So , Totally Wait and Watch...
CHENNAI PETROLEUM is currently on the Decider Zone ... 376 Rs. is A Firm Support for Now ... But By Breaking that , No Support till 346-360 Levels ... Have A Keen Watch on that and act According to that ...
As 41 Levels shall act as Resistance and Results shall also be announced till August End ... Accumulate it for Target of 47-48 Levels .....
WRITING ABOUT A TURNAROUND COMPANY OF FUTURE
As We can clearly see on Charts , 9680-9720 Levels are acting as Support Levels and Relative Strength Index is also at 20 Marks ... A Strong Upward Reversal is expected to 10,100 Levels ... Further Up Move if NIFTY crosses 10,100 Levels too ...
Watch it Keenly .On Charts of Igarashi ,ROC and RSI are in favor of giving a bullish move in Igarashi .MACD is currently showing some whispsaws which will be decisive in Igarashi for giving a move . By Trend Analysis It is clear that the Stock Price is near the Support Levels of 955 Levels and if it breaks that levels , 896 will be the target in downside . If it...
As We can clearly see that 62.1 Levels are acting as Resistance Levels while by breaking that 59.5 would be the target . In Upper Side , 66.95 will act as Support Levels for Rupee . Keep Both Levels on Your Radar .
Keep A Stop Loss at 62 Levels and Buy it as Financials are also improving along with technicals . ROC is also showing that Share of JHS will run rapidly in Short Term .
All Gentle Investors , Please Have a look that Nifty has formed triple bottom on charts which are in Rising Channel . Now , At Present Time , Market will easily break All Resistances and move to 10,200 shortly . Target of 11,000 till September Expiry .
As We can see in Charts that 10,053 is Acting as Resistance Level while 9965 and 9920 Levels will act as Support Levels. We should wait more for bringing any trading activity in Nifty Options or Futures . Overall , It should be known to everyone that Nifty is strictly trading in Range of 9920-10,050 . Wait and Act when the trend will have penetrated .
Sell Call on Gujarat Borosil for Short Term as It has broken support levels on trend . Targets of 90-90.5 Levels in downside and if it breaks these levels also , 85 Level which is acting as a good support should be carried out . A Pullback will take place after making a bottom . Overall Good Share for Long Term .
It is currently in Bullish Continuation Pattern and SMA is also at 575-585 Levels which will act as A Good Support Level in Medicamen . Company is delivering consistent growth in fundamentals and A Brilliant Business Model is represented by Company . Targets of 1,000 Rs. in Short-Mid Term .
Technically Good Share to Buy as All three bottoms are in rising channel and also getting fundamental support also . It will perform consistently and will achieve 180 Rs. Shortly .Some Whispsaws are there in RSI Chart but 157.5 is acting as a Good Support . Even if it breaks 157.5 , 144-147 Range is A Strong Support in the Script .