Last tuesday made a break out and closed above resistance line and the last week it played by the copybook playing around the resistance line and weekly closing was above the resistance. If it manages to close above this resistance at around 300 in this week we may expect a target of 590- 600 by August end
Support held it for the last couple of days. In a weeks time it is expected to cross and close above 298-300 for any further up move.
Watch out for a level of 120 on Monday.
Likely to consolidate till 3rd week of August unless to closes above 500-510 in the intervening period and stays above these levels. Then the up move will come.
Expecting to close above 127 by July end.Consolidation is likely to be concluded and fresh up move can be seen with a target of 164 September '20
Immediate resistance at 235, if crossed, intermediate term target is 290
Short termbullishness may take the scrip to a level of 600 in, say 40 days
Support at 712. Resistance at 740. Consolidation period will be over shortly. By tomorrow afternoon movement will be seen. It is a long term hold for substantial return
Immediate target will be 637.A resistance created on the basis of double top at 642 (purple horizontal line) may not hinder its further up move for the reason that a deep bottom was formed after formation of double top. Extremely bullish chart in all form.
Target 444 by the 4th week of August and if it is achieved, fresh bullishness can be seen
Very comfortably placed being well above the strongest support line and trying to break the next resistance line.Even if it continues to move in bullish manner below this resistance line, December target will be 1300
Immediate resistance ahead at 4200.Once it crosses 4200 conclusively, fresh break out is possible to be seen
When Nifty crossed 10815 and closed above it today, Nifty came above a multiyear support line (base at 2008) after its transgression from the 1/2 support occured on the 9th March 2020. I am not sure if it will sustain, which can probably be concluded upon the performance of Nifty in the remaining days of the month
When Infy crossed all time high yesterday and today closed at Nine Eleven, it has entered an uncharted territory. May continue to consolidate in the range 900-970 till August 1st week and then move ahead unless strong bullish move takes it over the resistance level before that (Resistance line is where the stock made high today and returned from there - See...
May play around the support in the range 190-1800 till 22nd July and if remains above this support may turn out to be a strategic entry point for a considerable period of time.
Standing on support at 180. Further up move possible if this 1/1 support is continued to be held