BN HAS A RESISTANCE AT PRESENT LEVEL. ONCE IT CROSSES, IT HAS NEXT RESISTANCE AT 28450. IT IS OBSERVED THE BN WILL REACT IN THE REGION 28,450-28,700.
RIL HAS A STRONG RESISTANCE AT 1239. ONCE IT CROSSES 1239, THEN 1247 & 1275 ARE THE TARGETS. STOP LOSS AT 1205 CAN BE PLACED. THE LONG TERM TARGET IS 1300.
BITCOIN IS MOVING IN A DOWNWARD CHANNEL AND AN INVERTED H&S PATTERN VIOLATION. IT IS ALSO OBSERVED THAT THE TRADING RANGE OF 10040 - 10400 IS BEING FOLLOWED. TAKE THE DIRECTION AS PER THE BREAK OUT ABOUT THESE LEVELS. THE HIGHER SIDE TARGET IS AT 11,050. THE LOWER SIDE TARGET IS AT 9400.
AS PER THE WEEKLY CHART, THE EXCHANGE RATE MAY BE GOING TO THE VALUE OF 70.2-70.5 RANGE IN THE COMING DAYS. IT HAS GOOD SUPPORT AT THESE LEVELS. ONE MAY ENTER WITH TARGETS OF 71.3-71.5 AT THE ABOVE MENTIONED LEVELS. DAY CHART HAS A "DOJI" SORT OF MOVEMENT ON FRIDAY. GO LONG, WHEN PRICE CLOSES ABOVE 71.1 FOR TARGETS OF 71.4. STOP LOSS MAY BE KEPT AS 70.8 (DAY...
ZEEL HAD REPAID LOANS TAKEN FROM MFS TO THE TUNE OF 50-55%. THEY HAVE AGREED TO REPAY COMPLETE BY SEPTEMBER 30TH. ALSO, THEY HAVE ENTERED AGREEMENT WITH MFS NOT TO SELL THE PLEDGED SHARES. WILL ALL THESE FACTORS MAKE THE RESISTANCE AT 370 OVERCOME AND THE SHARE PRICE REACH 400 LVL?
TATA STEEL HAS FORMED A ROUNDING BOTTOM AT 333. IT WILL GO TO 400 AFTER RESISTANCES AT 364 AND 376 ARE CROSSED. MAINTAIN STOP LOSS AT 333.
L&T IS LIKELY TO TOUCH 1400, ONCE THE RESISTANCE AT 1361 IS CROSSED.
DAY CHART OF SIEMENS SHOWS THAT THE PRICE MAY REACH LEVELS OF 1300. THERE IS KUMO TWIST AT PRESENT. ONCE THE PRICE STARTS TRADING ABOVE 1243, THEN BUYING MAY BE CONSIDERED FOR THE ABOVE TARGET.
AS INDICATED IN ONE OF MY PREVIOUS POSTS ON AIRTEL, IT IS FORMING THE SAUCER SHAPE. BREAK OUT ABOVE THE LEVEL OF 372.5 WILL KEEP THE TARGET AS 430. ONE CAN GO LONG FOR THIS TARGET ONCE IT STARTS TRADING ABOVE 374 (370 CAN BE KEPT AS STOP LOSS).
TAKE SOL IS IN THE BULLISH ZONE. THE SHARE PRICE HAS TO CROSS STRONG RESISTANCE AT 132. ONCE IT DOES, THEN 138 / 148 & 160 ARE THE LIKELY TARGETS.
AB CAPITAL HAS ENTERED THE BULLISH ZONE. THE STOCK IS LIKELY TO FACE RESISTANCES AT THE FOLLOWING LEVELS: 94.5 / 96.5 & 100.
INFO IS PROVIDED. DECIDE HOW TO EXECUTE THE TRADE, AS PER WEDNESDAY MARKET CONDITIONS.
15 M CHART SHOWS THE H&S FORMATION WITH LEFT SHOULDER & HEAD (BEING FORMED). IF IT FOLLOWS THIS, THEN THE RANGE COULD BE 71.73 TO 71.76. AT 71.86 THERE IS RESISTANCE IN THE HOUR CHART.
ITC DAY CHART IS SHOWING A REVERSAL PATTERN. THERE IS A RESISTANCE AT 248 WHICH IT HAS TO OVERCOME. THE TARGET IN SUCH A CASE IS 252.
INFY HAD SHOWN A PERFECT REVERSAL. THE PRICE LEVELS EXPECTED TO REACH ARE 814 AND 808. THERE SHOULD BE A SUPPORT EMERGING AT 821.
INFRATEL HAS A "W" SHAPE FORMATION AT THE SUPPORT LEVEL. ONCE THE SHARE PRICE CROSSES 257, THEN THE NEXT TARGET IS 267. STOP LOSS CAN BE PLACED AT 242.
AXIS BANK , AS INDICATED IN MY 01SEP POST, IS NEARING 680 LVL. BE CAREFUL AT THIS LEVEL AS THE RESISTANCE SEEMS TO BE GOOD. ONCE IT CROSSES 686, THEN 707 IS THE UPCOMING TARGET.