Major Index and sector breadth is oversold and this has been in channel since nifty50 top. expect consolidation in range. worst case 15900-15300. however don't expect sharp V recovery for bulls like apr 2020. After Apr 2022 we may expect some good bulls.
HATSUN has given trendline BO from good support expect upmove after retracement.
JUBLFOOD is under tremendous pressure past many days. and there was no support zone as well. hope this may help it
on weekly chart Gold has given BO from triangle formation. expect more bulls moving forward
Nifty budget week special zone. if we dont have weekly closing above these then its going to be tough time after budget
APCOTEXIND may experience a bounce however that may be dead cat bounce or bull move...that is early to show. bears are taking control.
this was overbought in until Jul 2021 and since then it has been cooling down itself. Don't rush to buy. let it settle down and spend some time in oversold zone.
BSE is making pennant formation on weekly chart. though it has given good run up in past few months. however with time correction it still seems to have some steam to take it further in next few months.
Nifty has started to move in bearish parallal channel. Also two critical zone for tomorrow for bulls.
It has 2 gap left on daily chart and now it's overbought. It may prefer to go both price as well as time correction. It has presence into EV indirectly so don't expect major correction
Nykaa has been into parallel channel since nov 2021 and now it has formed big supply zone for bulls. this has became bearish for near term
Banknifty is moving is parallel channel range past 14 months. if the rectangle zone is cleared with good body candle then we are good to move towards upper end of the channel.
Naukri has been moving near to lower end of the parallel channel. 5055=5150 range is very imp zone to sustain. we may use Fibonacci reference for support if it comes before lower end of the channel.
Inverse head and shoulder formation gives a confirmation that price has reversed well from lower end of the parallel channel and ready to move up. middle resistance zone has be bo and retested as well.
HDFC bears active. if 2450 is broken then it may try to hit 2300 level
SRTransfin bring bear and too much pain here onwards....