Immediate support at 1200 & 1175 could potentially retest till 50d EMA, further, the risk to reward ratio is not in favour of bulls. Great chance to grab it for long term investors.
Reclaimed 20d EMA, volume rising periodically & festive season coming. This consumer discretionary could potentially show a big move with new ATH if volume keeps growing. Only for education purpose.
In focus could potentially give a 10-15% breakout with the split this week once closes above the resistance. Only for study purpose.
Heading towards rounding bottom support, could potentially bottom out near 400-420 or trade sideways at those levels before heading upwards. Only for study purpose.
Heading towards 52W high, if broken RSI trendline + ATH, anticipating 450 levels. TF- 5-8 months
Looking week on charts, Immediate support at 210.
Anticipating 985-1200 levels from medium term to long term
Anticipating rebound to 5100-6200 levels if crosses above 4650 in coming weeks.
Accumulation Zone 915-965, SL-890 & Target-1500 Period (7-10 months)
Watch out for range breakout, only for study purpose.
This will hit the moon before 2024, only for entertainment purpose.
Great candidate for 6-10% swing above 139- watch out, only for study purpose.
Anticipating levels of 15450-15350 in short term.
Anticipating breakout within this month, pattern invalid if hot support line.
Anticipating breakout before September, only for study purpose.
ATH breakout along with RSI trendline- suggest strong support and bull run still has steam left despite the bearish economic momentum in all global cues. Expecting great amount of profit booking near 15750-15850 which might create a pause in the momentum. Good time to diversify if not done already, only for study purpose.
Pennant breakout followed by triple top with great divergence on RSI tentatively indicating more weakness recently. Important support levels- 1086-889-735. Only for study purpose.