sabyasachi_nath

sabyasachi_nath

There is a strong resistance in the range 10.75 to 11.00 for the next week.If it is crossed conclusively by the next week, a break out can be seen.

sabyasachi_nath

May breakout further above 1681

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Likely to find support at 492 today

sabyasachi_nath

Monday resistance at 14.35 and then at 14.75, support is at 13.30. Closing above 14.75 by the week end may take this stock to 18.50 in a short while.Strong support is at 13.15

sabyasachi_nath

The current bearish trend will possibly arrested if it manages to close above 2412 tomorrow and remains above 2400 for acouple of days. In such a case a near term target of 2600 is seen. Strong support is at 2300 but I hope 2378 will hold.

sabyasachi_nath

Two month's target 8050.If it crosses 8050-7950 rangein two months, it will be in breakout mode

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Out of bearish shadow and good for a run.

sabyasachi_nath

It will be interesting to see if Idea can close above 7.70 tomorrow. Momentum indicates it is possible.

sabyasachi_nath

One may go long with a support at 6.45,if 6.9 is breached,the next resistance will be met at 7.85

sabyasachi_nath

If breaks out, Short term target could be 96. Support at 71.

sabyasachi_nath

Hold long with a srong support at 68

sabyasachi_nath

The next 2/1 Support is at 1406 which is unlikely to be seen in near future. The stock has broken support yesterday and today went three and half percent down. I hope it recovers above a level of 1965 in this week and remains above this level for another week which will give us a hope that we have seen the low of Bajaj finance in current times.Watch out that it...

sabyasachi_nath

Consolidating after a sharp move from the bottom. In down move it may find support at 320.Intermediate term target is 520.

sabyasachi_nath Updated 

It seems Bank Nifty touched the multi-year channel boundary and went up. It had touched in 2013 and 2016. Is the current down move is done away with? Time will tell.

sabyasachi_nath

SBI has the multi-year last support at 135.90 and a multi-year channel support at 120.85. We will know in a short while (say, one month) where the end of misery will be.

sabyasachi_nath

In the short term there is a support at 102.70. If the support holds in near term, one may go long.On 20th May it may touch 104.50 and break out.

sabyasachi_nath

Friday the support was held and it seems that the support is strong. There could be break out on 19th May.

sabyasachi_nath

In case of sheer bearish move,the scrip is likely to find support at 669. In the short term it is having support at 825 and there is a strong barrier at 1000 and various attempts to cross the resistance in the last 50 days have turned out to be futile. Seems the worst is over.