duraim

duraim

NTPC after touching a low of 160.15 is reversing and moving to 23.6% retracement level. If it manages to close above 166.5 then we can expect it to reach 170 in short term.

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VEDL has closed above the 78.6% Fibonacci retracement level. It is expected to reach the 100% retracement. If it closes above the previous high of 355.7 then immediate target is 376(127.2% Fibonacci)

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This is the follow up of the opinion we had about the nifty for the Feb-18 expiry. After bouncing back from the bottom line of the trading channel, its moving up.

duraim Updated 

On Fibonacci retracement Reliance is nearing 50% retracement level. Upon crossing this level, Reliance can be expected to reach Rs.945.

duraim Updated 

Nifty is moving in a uptrend channel and currently its in the bottom of the channel. So the expected support and resistance are marked on the charts