After 6 Consecutive days gaps up, nifty showing RSI bearish Divergence. Long can only be initiated above 19435. Strong support at 19250. Below 19250 downfall may occur.
Fresh Analysis 16.05.2023 CCL Products CMP 606 Entry Conditions:- 1. Above 613,Stop Loss-603. Target-1:2,3 Disclaimer- This analysis is just for the educational purposes.
Entry Conditions: 1. Buy above 1522,with SL-1450,Target-1:2,3 2. Wait for the pullback near 1460-1470,with SL-1450,Target-1:2,3 Take the position at your own risk.
Airtel CMP 771- Price is at strong support if breakdown happens support will be around 678. Fall possibility is more in the coming days. Sell target-675,sl 800 . This analysis is just for educational purposes only.
17780 will be the seller activation level. All the imports levels marked on the chart
Levels are on the chart for education purpose only.
Breakout ke bad breakout point pe retest ke liye aana is called a healthy breakout. All the information is for educational purposes.
Bearish double top formation on the chart. Details mention on the chart.
Similar to Tata Steel, Balrampur Chini has given an Inclined trendline breakdown. If this bearish moment continues 362-366 will act as the strong support zone. The view is just the education purposes.
Above 120 only We can expect Breakout towards 136. Flase Breakdown -Price takes the reverse gear. According to technical analysis, the price has to touch 95-97 levels. This analysis is just for educational purposes.
Nifty seems to be in consolidating phase . levels are marked for the educational purpose.