targets mentioned on the charts found support at tenkan managed to cross cloud if breaks above 61.8% fibonacci levels go long
COMPANY DECIDED TO ADD 300K SHARES TO THIS FINANCE SEGMENT HAS BEEN CONSOLIDATING BUY ABOVE 1337 TARGET 1350-1360
NIFTY below 50EMA 11335 resistance if falls then 250 important support if breaks 11250 then 11180 important level(previous all time high) tenkon below kijun chikou not in free area crossed tenkon to the downside any pullback from 11250 may see levels around 11350 (78.6% fibonacci levels)
For 1D view Monday’s down move filled the bullish gap present in the zone of 11,420 to 11,380 levels, registered on last Friday, it can be expected to initially test the recent corrective swing low of 11250 levels while on the upside it 11,450 then 11,500 zones tenkon below kijun but is above cloud buy and target levels shown in chart
found support twice at important support level of 1273 may retest it or if opens higher than previous high so long
Tenkan below kijun chikou below cloud and in free space stock broke trend line on the 11th weakness in stock Selling pressure below 288 Stop loss 290 target 285
details given above in the chart trade long only after handle breakout NEWS(catalyst): good quarterly results
NEWS:BOARD MEETING INTIMATION FOR CONSIDERING AND APPROVING SCHEME OF AMALGAMATION OF ASTEC LIFESCIENCES buy above 585 sl 583 target 591 sell below 575 target 572
News(Catalyst) : KNR Constructions receives sanction from bank to finance HAM Project worth Rs 1,234 crore buy above 209 target 214 RSI showing upward momentum increase in volume important