Ambuja cement short term analysis. Possibilities are more to go down side.
1.If tomorrow gap up not happens than Nifty will definitely move down from current level to 9742 or near about level. 2.And if crossed 9742 level down side than move to 9500 level or near about level. 3.Bounce back from 9500/9600 (demand zone) level again to 9800-10000 level once again. Monthly conclusion - More about Nifty will be trade between 9400/9500 to...
PEL is range bound since 30 march 2020. Should be good stock to trade after breakout or breakdown.
SBI bank taken support from demand zone. Targets are marked on chart , let see will achieved or not.
Nifty intraday levels for buy & sell. If gap up open is not happens than only supply zone works.
Axis bank exactly got rejection from supply zone.
Dabur at demand level , If sustain than might be reach upto upside marked level. Otherwise down side next target would be 414.
911 to 908 supply zone is for intraday use only. Valid only if we see rejection from the same level. Otherwise ignore it.
Bharti airtel good for long position if given breakout on 560 level. Easily double your money.
Crudeoil is on supply zone if sustain than reached to 3200 level otherwise go down up-to previous demand zone level (marked with green color).
At support demand zone after taking support nifty slowly bases going high.
If trend-line break than possibilities are more go down up-to demand zone otherwise go upside. For upside it will take support on 200 EMA.
At demand zone markets seems to be confusion. Tight range bound mode from last day. Overall economy is weak due to covid 19 impacts. Possibility are more at down side.
HINDUNILVR breakout - day chart.