we discussed about NSE:HCLTECH yesterday that it can show 1020 levels but it showed 1050 today only and closed above 1020. Momentum is about to come because it had already reversed from 1050 thrice.
NSE:KOTAKBANK showed some signs of buying today. After a morning dip, it showed recovery for the entire day.
NSE:RELIANCE can show some move in either direction. Yesterday when it almost touched 2k levels then i was thinking it would show 1950 levels but now situation is looking different.
NSE:HCLTECH has been able to save it's 1000 levels. Now it can show 1020 levels soon.
NSE:MARUTI is looking weak if we look at RSI and volumes. It had been cracking for the last 2-3 days and today it went below 6950 but buying took place there. If 6950 levels are broken then soon it can show 6900 and 6850 levels.
NSE:KOTAKBANK has been falling for the last 3 trading sessions after breaking it's range bound movement. It is about to enter into oversold zone but if weakness continues then it can show 1600 levels as well.
NSE:NIFTY has been trading in a small range of 750-800 today. Premium eating day.
NSE:AMARAJABAT has cracked significantly today and entered into oversold zone. Bounce from 680 levels can be seen.
NSE:MARUTI can show 7050 levels soon. It has broken the trend line. But seem to taking support on 100 DEMA.
NSE:BPCL is looking to respect it's 100 DEMA. It has bounced back from there only.
NSE:ESCORTS is respecting the support level of 1125. It bounced back from there only.
NSE:HINDUNILVR is showing reversal from it's 2450 levels but this could be false reversal as RSI is still showing weakness.
NSE:KOTAKBANK is looking weak to me. RSI is about to enter oversold zone in sometime. If weakness continues tomorrow then it can show 1600 levels soon.
NSE:NIFTY had shown a great recovery after touching 15500 levels. Almost recovered 200 points.
NSE:NAUKRI has given closing above 20 DEMA. And RSI is also greater than 50.
NSE:ESCORTS is about to enter oversold zone. A fresh buying can be seen from 1130 levels.
NSE:NIFTY had been trading in a small range of 60 points since morning. Similar can happen for the second half.
NSE:RELIANCE had been trading in a small range of 2100-2150 for some time. RSI is around 43, if RSI comes below 40 then it might show some weakness. It is about to take support on 100 DEMA on daily time frame.