Vishy5

Vishy5

7.50 - 60 new strong support area 9 - 9.10 Strong resistance area Stock may stuck n reverse a little before turning around Once close above 9.10 next stop only at 11 & 13.60 Trade accordingly

Vishy5

Stock now trending in HH HL flow Previous strong resistance broken which may now turn into strong support Area of 4925 - 4975 will work as a strong cushion Any hourly close below that will negate the view Upside now resistance till 5120 Risk reward appealing Waiting for a proper entry candle

Vishy5

With downside support at 1270 & 1235 and upside resistance at 1300 & 13301 Reliance currently is stuck in the zone Though trend has been broken with a force it still needs to fill the gap created before moving ahead Expecting it to remain sideways for a brief period of time til it breaks strong resistance or strong support

Vishy5

Stock currently in range of 460-430 Also in VCP Break of this range immediately is not possible Even if it breaks it has strong resistance & support zones at 475 & 400 respectively So it becomes perfect options candidate Since this month premiums are already absorbed can try next month only if it has enough liquidity

Vishy5

3950 - 4050 Important Junction Zone 1st Resistance 4450 - 4500 1st Support 3650-3700 Upside target - 5650 Downside target - 3350 Trade accordingly

Vishy5

1550-1560 Area of support 1500-1510 Area of Strong Support Stock may turn around from one of the above levels below 1485 view can be negated Waiting for at least 1 hourly candle indication to enter

Vishy5

Stock standing at 2 Strong Demand as well as flip zones Zone 1 at 135-137 Zone 2 at 130 132 Both appears to be excellent zone for reversal Wait for at least an hourly candle to make a decision risk to rewards looks promising

Vishy5

Stock at strong daily support levels Levels at 550-555 Can give stock a bounce at least up to 600 levels Any close above 548 will nullify the view Current market phase - Bearish Stock View - Bullish Trade cautiously

Vishy5

412-410 Temporary support 402-400 Strong support Expecting stock to come near 400 levels before turning around and turning bullish Stock may pause a little before turning Any close below 398 will negate the view Expect at least 450+ as 1st target and 490 second if plays around well Trade cautiously

Vishy5

Stock currently at strong resistance cum flip zone of 2980-3010 Expecting stock to resist this area and come back to test lower levels First expected level is 2820 If drops further then it can come down up to 2770 & 2680 Any hourly close above 3020/25 will nullify the idea

Vishy5

Currently Stock making HH HL But has now formed a new and strong supply zone Downside also has a strong demand zones Expect stock to remain between 585-605 for quite some time If not it also has a strong buffer zone demand supply at 575-615 Trade accordingly

Vishy5

Like market even ICICI bank is now appears to be stuck in the zone With 2 strong supports on the downside as 1240 & 1265-90-10 Also 2 strong resistance on the upside as 1290 & 1310 It seems stock may not come out of this zone anytime soon Good opportunity for strangle straddle players An extended zone of 20 points is stop loss on the both sides

Vishy5

Stock stuck between good supply and demand zones Upside strong resistance at 150 / 155 Downside strong supports at 145 / 142 / 140 Good straddle opportunity Any side broken will create a momentum so cautious

Vishy5

Nifty on the brink of breaking its support 24080-24100 strong support cum bounce area as of now Any hourly close will take nifty 200 points more down further to its next support of 23880 Expecting nifty to halt here for sometime if not more fall ahead

Vishy5

Currently BEL at resistance of 290 Downside trend line support near 277 - 280 Strong area of support at 265 - 268 (SL Area) Expect 325 - 335 in coming days

Vishy5

Stock at strong support & flip zone area 1380-1395 strong area If stock sustains this area then may flip and go higher again View negates below 1370 Upside 1515 -1520 possible

Vishy5

Strong support area at 1685 - 1700 Target areas 1900 - 2100 View negates below 1670 Wait for at least a base candle to be formed It may start with D-B-R

Vishy5

Stock currently in downtrend Making constant LLs - LHs 3030-50 strong supply area View changes if close above 3050 Downside 2800 possible