MAGMA- daily chart has given breakout in a cup and handle pattern and now, if stock able to break tomorrow 54.00 level and sustain above this we can see some major upside towards 60.00/67.00 levels in coming days with the help of 48.00/46.00 support level on the chart.
Index currently trading between in range 14731 to 14480 levels and now we need to wait here, and now as per 5Min Chart, if Nifty break 14731 level and sustain above this we can see some upside again and we can see movement towards 15K in coming days or if Nifty break 14480 level we can see some profit booking from upper levels, and if Nifty not able to break this...
GBPINR- Ascending Triangle Breakdown
Nifty FMCG daily chart has given a breakdown on the chart last week and moving downside on the chart and now stock can move more downside towards 32400 levels as next support will be near 32400 levels. If Nifty FMCG able to take support near 32400 levels we can see some bounce from that level.
Nifty Media was able to break out on the chart, but not able to move upside and currently treading below that breakout level. We can see currently consolidation between 1775 to 1600 levels, if index breaks 1600 level and sustain below this we can see some major downside on the chart, or if Nifty Media able to break the 1775 level and sustain above this we can see...
Nifty IT daily chart perfectly moved as per chart currently index reaching towards 24500 levels as per chart, this level will decide future of chart. If Nifty IT breaks 24500 levels and sustains below this we can see some major downside on the chart or if Nifty IT if breaks 26000 levels and sustain above this we can see some upside towards 27500 levels on chart.
Nifty Auto last week able to break our Shooting Star and now currently chart trading below the support level and we can see some major downside towards 9400 levels as per chart with the help of 10200 resistance level on the chart. If Nifty Auto able to reclaim the 10600 levels again and sustain above this we can see some upside on chart.
Nifty Bank last week perfectly down from upside level and now when we see Nifty Bank chart, currently Nifty Bank trading at support level which is formed by recent resistance level. Now if Nifty Bank breaks 29800 levels and sustains below this we can see some major downside towards 28500/27500 levels in the coming days or if the index not able to not break this...
Nifty Daily chart, last week perfectly moved as per chart and down by almost 800 points and currently trading between the middle of ascending channel pattern and now if index break 13334 level and sustain below this support level, we can see some major downside or if Nifty is not able to break this support level, we can see reverse from this support level and...
Nifty Bank daily chart trading in small ascending channel pattern and index perfectly moved as per our last week chart and now again index near a strong support level, if Nifty Bank able to break 31000 levels and sustain below this we can see some downside towards 30500/30000 levels post breakdown and 30000 levels will be next strong support level and everything...
Nifty Daily chart trading in ascending channel pattern and last week index tried to break support but it took support in inner channel pattern and bounced back, now again Nifty Daily chart at strong support level but this level will be treated as strong breakdown level once Nifty breaks 14250 levels and sustain below this we can see 14000/13750 levels in coming...
07. FEDERALBNK- daily chart trading at horizontal support which is retest or recent breakout level and now the stock has formed bullish engulfing at support, but still we will wait for breakout confirmation, if stock able to break 72.2 level and sustain above this we can see upside towards 76.00/78.00 levels in coming days with the help of 69.00 support level.
Nifty FMCG daily chart trading in a Rising Wedge pattern and index trading at resistance level with small inner ascending channel pattern, now if Nifty FMCG breaks 34000 levels we can possibly see downside towards 33500/33000/32500 levels with the help of 35000 resistance level.
Nifty Metal daily chart took resistance at 3500 levels and now Nifty Metal can move towards 3000 levels in coming days as per chart and everything will depend on this 3000 support level for future movement.
Nifty Auto last week tried to breakdown but not able to sustain and bounced the very next day and on Friday. The index was able to break ascending channel resistance. But this breakout did with shooting star which is a bearish pattern, so we need to wait here for both side confirmation. Nifty auto, if able to break 10750 levels and sustain above this we can see...