It is at the cross roads and will start its winning ways once 420 is crossed immediately and held for a couple of days. Good support around 385
If the resistance is broken (107-110) by Spicejet and it is able to sustain the lead then 170 will be target in the next three months.
Graphite has come out of the influence of bearish shadow this week and shall be good above 195. Intermediate target 420 by January end.
Good above 216 on Monday for a target of 238 in intermediate term
Twice since 25th Nov. HEG is trying to cross the resistance line but remained unsuccessful in doing so. We have to see if it can sustain above 864 on Monday. May be, the third time we will be lucky!
There is a possibility of imminent break out if Graphite is able to close above 295 on Monday and remans bullish for a couple of days. Support for the day is 270.50
Provided it is able to hold the level of 105 for a couple of days, fresh bullishness may take it to ATH level, say a level of 170 in intermediate term, say by March '21.
Minda Industries have broken out of bearish shadow, above all moving averages and moving up keeping strongest Gann angle line support. No down move seen. No specific target.
Long position can be initiated at the CMP as long as it holds on the support which can be confirmed in a couple of days.
May break out if it is able to cross 107 in intermediate term
Tomorrow has trade and close above 270 for breaking the minor resistance. Bullish in short term and will break out above 341 in short term.
Although it has broken out of the bearish shadow, but will still may tend to move around the resistance line till 21st January,'21 and may go down up to a level of 745. Good time for entry at low's.
A deformed cup handle with a clear Gann ascending angle break out could be a deadly combination. My take out is a level of 400 (398 to be precise) in the intermediate term. I will not be surprised to see the level in say a month.
Support 457, target presently can not be estimated, but should give very good yield.
Support 875 and is an entry point, target in intermediate term will be 1140.
Presently consolidating around resistance line. May break out which is above 196, in a couple of weeks.
Shackles will be broken if it closes past 92.50 today.