BN was trading in a range made a strong BO & next Target will be around 22500 Below 22220 today’s supports are 22190_22160 & 22070
Below 22020 today’s supports are 21970_21920 & 21880 Weekly above 21610 Bank Nifty’ Resistances will be 21650_21710& 21820 Weekly below 21490 Bank Nifty’ supports will be 21420_21390 & 21280 BN is trading well above the weekly resistance level. And the monthly res level as given earlier on Monday: Monthly above 21640 BN Resistances will be 21757_21950 & 22260
Below 9295 today’s supports are 9275 & 9236 Weekly above 9140 Nifty’ Resistances will be 9170_9225 & 9255 Weekly below 9100 Nifty’ supports will be 9068_9013 & 9000
Below 21620 today’s supports are 21580_21520 & 21490 Weekly above 21745 BankNifty' Resistances will be 21810_21840 & 21935 Weekly below 21630 BankNifty' supports will be 21560_21530 & 21440 Note that, yesterday it did not trade above 21745 BankNifty' double bottom support at 21396 level, Monthly Support: 21250 intact.
Below 21827 today’s supports are 21794_21730 & 21680 Weekly above 21610 Bank Nifty’ Resistances will be 21650_21710& 21820 Weekly below 21490 Bank Nifty’ supports will be 21420_21390 & 21280 It is observed that people keep a very casual approach to the postings. Even if the data is not matching the daily values also doesn't matter. Yesterdays closing price was...
Above 9145 today’s resistance are 9158 & 9184 Weekly above 9160 Nifty’ Resistances will be 9188_9250 & 920 Weekly below 9120 Nifty’ supports will be 9095_9030 & 9000
Above 21530 toady’s resistance are 21600_21640 & 21670 Below 21460 today’s supports are 21426_21385 & 21320 Weekly above 21590 Bank Nifty’ Resistances will be 21650_21757 & 21828 Weekly below 21430 Bank Nifty’ supports will be 21360_21230 & 21150
Persistent 612 is currently trading in a descending triangle, actually it is a continuation pattern, but bearish where ever it forms. The base Hight is approx. : 386. Hence on down side as per the pattern, a target expected is 226. Whereas an upside break out will take the stock to new high.
COALINDIA: ₹290 is trading near to an year long trend line support ₹285, the recent 18 rupee dividend made gap down trade eventually brought it to support level. Can expect a bounce from her as the stock is highly over sold. But the poor performance can bring the stock down to sub ₹200 level. Break of ₹285 will be a drastic fall, where as a support at trend line...
Just Dial Break out from a two and half year long Trend line, and entering to a buy zone, next resistance is 690 & 900-920 area. Posted just a 6% hike in profit, just making a show in struggle with a flat sales and operating profit. I don’t see any better affluence in JUSTDIAL. Lets see what is makes in future.
Praj Industries Ltd:81.25 On completion of the correction, next Resistance will be ₹120 and in long term, targets will meet a ₹296 ₹358 & even ₹460 Fibonacci projection levels. stop loss on completion wave (2) can be end at 64 or 55. The 2008 top ₹268 concluded a primary wave 1] with an extension in its inter mediate wave (5), made a drastic fall ,...
Jindal Poly Films Ltd: Current Price: ₹ 420 (omg') Market Cap.: ₹ 1,851.73 Cr. Book Value: ₹ 607.70, PE Ratio 5.42 Return on capital employed: 21.38% Quick ratio: 1.05 Dividend Payout: 1.20% Number of equity shares: 4.38 Cr. Annual Sales:2644 Cr. EPS: ₹ 78.78 Expected EPS: ₹ 112.08 Cash end of past year: ₹ 99.82 Cr. Cash end of last year: ₹ 110.31 Cr. Price to...
Below 9130 today’s supports are 9100 & 9089 Weekly above 9170 Nifty' Resistances will be 9200 & 9280 Weekly below 9130 Nifty' supports will be 9069 & 9020
Above 21530 toady’s resistance are 21600_21640 Weekly above 21745 Bank Nifty’ Resistances will be 21810_21840 & 21935 Weekly below 21630 Bank Nifty’ supports will be 21560_21530 & 21440 Achieved 21396.
RelianceInfra:575 is trading in a symmetrical triangle, currently near the apex and about to have break out from its upper TL. Resistance 820 support 496. Caution: A contradictory view is that, it has formed a Descending triangle from 2009 (a Descending triangles form in downtrends and are characterized by a series of lower highs but the Flat Bottoms & they have...
Above 9110 today’s resistance are 9130 & 9160 Weekly above 9170 Nifty' Resistances will be 9200 & 9280 Weekly below 9130 Nifty' supports will be 9069 & 9020
Above 21600 toady’s resistance are 21670_21700 & 21736 Weekly above 21745 Bank Nifty’ Resistances will be 21810_21840 & 21935 Weekly below 21630 Bank Nifty’ supports will be 21560_21530 & 21440 almost reached
INOXWIND: ₹178.60 is trading in a falling wedge, and currently at a double bottom support, in the apex ready for a breakout, most probably bullish. It is a safe entry with a stop loss: ₹170 for a target ₹210 & ₹320 and eventually ₹480 It is in heavy electrical equipment’s and a market leader with a 4000cr market cap and almost same in annual sales. It is India’s...