Weekly support and resistance of nifty (Both trendline and Static support) shows technical correction of nifty can happen till 14500. weekly rsi also shows weakness of market.
Coinciding Trendlines with static support is a good support. Also market rebounded at that particular time. Everything was favorable for the stock.
Nifty, cnxit, cnxservice are bearish. So naukri will also follows.
A poll on where DJI can take support on this inflation and rate hike turmoil.
Colpal is on good trendline support When nifty and cnx fmcg goes up this stock will be bullish
Nifty bank opinion Now the trend of corona pandemic has finished and the banking market will follows the usual economy.
Logic behind analysis: 1) CNX pharma reaches a trendline support and started bullish movement 2) +DI in Directional movement index shows a trend change in CNX pharma 3) Apollo hospital RSI was in oversold area and moved yesterday to buy area. 4) Like in the chart apollo hospital is on good trendline support. 5) Gaining volume for the last two days 6) HA ashi...