After the pandemic of COVID-19, this stock has recovered amazingly and it is in a clear uptrend. In the daily chart frame, we can see this is in the consolidation phase and there should be some correction remained in the stock. Personally I feel like the stock is quite overvalued in the current situation. If it takes support on 3408 levels and bounces back I...
It should test the current support level once again and bounce back is expected. Pro tip- If the volume is less go short at 2570 for 1-1.5% profit booking.
The time frame is 3H. As per the current sentiment of the market, it is highly probable that nifty gets into a downtrend after the 20% recovery of the market. PS- Its my personal view on Nifty 50. If the pandemic situation gets more worst( which looks to be sure), chances arises to see lower levels of nifty in the future. It's better to keep invest in every dip...
Highly volatile stock and taking support at a level around 2000 several times. The support level is to watch out for. Pro tip - Somewhere around 2000 would be a very good buy
This is very good stock in the auto sector and highly probable to continue it's uptrend in the future as well. Pro Tip- Very good buy under 700 price for short and long term.
As per the chart, It is quite clear if it doesn't break the current level with Volume several rejections can be observed at that price
Soon breakout can be seen. Watch for a current support level
Probably It could test the support and bounce back again.
A strong feeling for the major resistance breakout soon.
As per the Government decided to open wine shops in green zone hopefully there can be seen a breakout level as well. The first target will be 400 as the major resistance
Highly probable to see breakout soon....
In the process, there is a hope of pullback and bounceback for several times and then breakout...
Please keep eye on the levels mentioned. If it breaks the downtrend there is a high possibility of going up. Invest at your own risk and let me know if you want chart analysis on any.
Can expect to fall down after the resistance.
ITC will take the support and hope to get till 190 !!
We can expect here a bounce back from this level soon...
We should wait until it takes support. have patience !!!