Bank nifty moving as fib levels.... Can see today closing at exact levels today.
1> The big gry box which can show demand and supply zone 2> The pink box which show the support of 365 to 355.. wher u can see on 21th may it was just gng to touch our resistance @365 3> The brown box show tat major support of 325 it is given here. There are nearly 3 big brkout has happen at 325 whic touches our pink box to 355.. frm ther it goes on to gry box...
Big resistance at 1200 -1226 - 1243 If brk 1226 n close above 1243 then can see more up movt
There will b support 250 which has touched more then 5 to 7 times this can grt support.. If it brks 250 support then can move further down till 225 whic is nxt support line
Showing resistance of 660 If brk 680 n close above it can see more up movt.
This is as per monthly chart which can show major support of 320 to 330
It has broken resistance of 450 Nxt if it brks 463 then can see trgts of 474 485 490 sl of 447
If break 445 can see trgts of 460 485 515 wit sl of 410 for short to mid term by 4 to 5mnths
Lets see IF brk 1345 then can make up movt or reversal
Major brkout has happen is fsl @50 can move till 88 for long term view wit sl of 38
TREND LINE AND SUPPORT AREA IN GAIL @320
Major support n resistance area is 82 to 89 if break 82 can more downside till 66 to 57 or else bounce bak from 82 possible to upward side This Free Educational, IT has been created ONLY for EDUCATIONAL PURPOSES. It DOES NOT provide any ADVICE or RECOMMENDATION. The view DOES NOT provide any STOCK MARKET TIPS. All the posts are only for INFORMATION purpose...
Lets see what happen in riil. Might show support of 420
Infy taking support of 1100 today !! Double bottom can also happen ????