sabyasachi_nath

Ma fall to 1840 in case of continued bearishness. Will be out of bearishness if it is able to close above 2265 b 10 th Sep

Support is at 421

Ma find suppor a 63.30 in downmove

The last descending angle from the ATH is proving to be a strong barrier for the scrip. It has bounced and came back below this line at least four times. Now the angle has descended enough to 140, which if crossed and the stock remains bullish, we may see a level of at least 190 in intermediate term.

May return from the CMP or may come down to 131 to turn for up move.

Likely to cross over 168 in 10 days

Friday's candle pattern shows an indecisiveness. The stock will find a support at 257 in case of a berish move and will encounter resistance at 307 if it turns bullish.

After almost vertical fall the stock has been able to close above 405, which is the last support. Intermediate term target can be kept at 550, if the stock now turn bullish.

The last support is at 266, it is hoped that the same will hold.

The stock is on support at 99.40 and may make a U turn from here

Broke the last of the resistance at 145.30, yesterday it attempted to cross the barrier, remained a tad low and today with the down move has gone away from the resistance. Immediate bullishness may take it above 145.30, if it fails to do so, it will find the low at a paltry 85.45

Even with a good spurt on Friday, the stock is still well below the last resistance angle. Once it closes above 348 and remains bullish, good move will be seen.

If it is able to sustain for a couple of days above the resistance line, I expect the stock to climb to 190 in near/ intermediate term

There is an immediate resistance at 1048 which is a very strong resistance line. One hopes that in the current bullish sentiment prevailing witth the stock it is able to close above 1050 and remains bullish for a couple of days.

With a resistance around 400-425 (depending on the time of entry) one can expect a target of 490 before any serious resistance is encountered by the scrip.

Hope Tidewater crosses 4745 to go above the strongest support which it broke only recently. Once it does so, we may see some fireworks in short/ medium term

In its prolonged downtrend Maruti may find a support at 5660.

Has a good support at 1270. Things should get better over time from here on.