Crossed an important crossing today. The stock is likely to exhibit bullishness for an intermediate term target of 369.
Having closed above 364.50 Tata Steel has crossed a strong resistance and if the stock remains bullish for a couple of days, things will get better with time.
Seems the bottom formed at 615 last week is not likely to be broken, below which a strong support exists at 608. The gap in the range 690-760 shall be filled sooner or later.
Mangalam made a good move on Friday and thus crossed a formidable double resistance angle. If all goes well in the interim perod, we should be able to see the scrip scaling 444 soon.
If Tata Motors can close above 132.50 today and the stock remains bullish, we may expect 151.15 in intermediate term
If Yes Bank closes above 53.75 today, the next intermediate term target will be 68.15. Let us see how it behaves today.
There is gap formed today in the range 691-760 which will be filled in eventually once the bottom is formed.
The stock has support at 2730 and is in strong longterm bullish trend.
Crossed a very strong resistance today on closing basis. If it manages to remain above the angle for a couple of days and reamins bullish, we may see a level of 337 by end December.
If the stock manages to close above 128.40 in short term and remains bullish, then the next target will be 146.25. However if the stock somehow closes below 119.50, then the stock may see a low level of 101 in intermediate term. If the consolidation continues around the present level, the stock may come out of bearish shadow by mid-February'20
In case any bearish sentiment creeps in this scrip, in all likelihood it will find support at 723, while the ongoing bullishness may take it to a level of 847 to test the resistance there.
Has come out of the bearish shadow today. Support at 1395 and intermediate term target is 1570.
This is an extremely bullish chart and the stock is in an unchartered territory. Atleast 375-400 may be achieved in intermediate term if bullishness continues
Made a splendid move today. My fortnightly target is 52.15