support level is placed at 250 on hourly chart, buying seen from 255 levels, if it closes above 275 on 15min candle, we can go for buy for an upside upto 300 level.
SRTRANSFIN is near 800 level, which is a strong resistance after march crash, however it has been tested multiple times, but this time it has also crossed 200DMA and trading near 800 level. it looks it could retest 750 levels before giving breakout. once it breaks 800 level. 800-960 levels openup for upside. RSI is at 68 on daily scale and RSI is at 56 on weekly...
TCS is near support zone and taking support firmly at 2600, sustaining this level could give breakout at upper trendline. however if it breaches 2600 it can close the gap created at 2530-2600. on lower time frame (1hr) it broke 21 EMA but at the end closed below 21 EMA. and made higher low.
We can see a pull back in BHARTIARTL from current level, Risk-Reward is favoring at current level. 450-480 level is possible from current level, wait for trend reversal, on 15min time frame it has made higher however is has to sustain above 410-420 range to be in short-term uptrend.
JAMNAAUTO has completed a 5 wave rally and it shows signs of 3 wave correction and it is first wave of correction. it also formed double top at 52 level. it may retrace upto 40 level. which also equal to 20% correction. more over it has broken support trendline on 1h chart.
ASTRAL looks bullish if it sustains above 1250-1260 levels on daily basis.Trading above 21EMA indicating a bullish momentum in this. breakout trade is likely in this counter is in the coming few sessions.
Whirlpool retraced upto Fibonacci 78% levels which is at 2300, as per recent trend suggest it broke 200DMA upside with good volume and tested 2300 levels and retraced to 20 EMA and took support at that level, we can see a long position in this counter where 2550 looks easy target. 2100 looks like support.
it has made a new 52W High and also formed a cup & handle pattern. closing above 2000 on daily basis also gives new rally. look at neck line breakout. it will give rally further.
As per analysis, we found that 340 as support. but we missing support at 360-370 levels, where it made as low as 356. looks like it is forming W pattern. if it able to above 412 today. it shall rally upto 480. watch it today.
It is consolidating in the range of 2240-2470 for the 2 months. breakout at either side of this range gives a very good momentum.
HUL is repeatedly coming to support line. if it closes below 1900 , we can see a further downside fall. i.e recent lows of 1760. if it closes above 2020 level by this weekend. it is going to rally further. Good opportunity for both. Already fallen 20% from it's peak. In the March crash also it has fallen 23% only from it's peak.
It has broken weekly support in a ascending channel. but has a immediate support 10% below the current price. i.e 1350-1390 levels, good to buy at these levels for long term.
it has crossed a long term Resistance. looking to touch upper side of the channel. it will easily test 640 levels. we can follows buy on dips strategy as long as it is in this ascending channel.
it took support at 200DMA and created bullish reversal, go for long with a initial target of 330 with a stoploss below 200 DMA.only go for long if opens above today close price of 303 or closes above today's close.
if it breaks down 1975 levels, we can go for shortsell it will retest 1900 levels which exhibited as support level earlier. we can look at price action after reaching that level.
It broke the second support trendline also. now it is heading towards next support level which is around 333. we can take the directional trade once it reaches that level, based on price action.
This stock has been consolidating between 12600 and 15000. now it is approaching 12600 levels. if it revers from here it can give return upto 20%. otherwise it may create fresh lows. Watch it for breakdown or Bullish reversal patterns !
It is continue to consolidate in the range of 840-940. breakout at 940 can rally upto 1000-1020 which is at 200 DMA.