sabyasachi_nath

sabyasachi_nath

8 weeks' support is at 16690. The support may hold and the consolidation is likely to continue till Feb 25.

sabyasachi_nath Updated 

Nifty has a support at 17590 and will find resistance at 17720. If the support is not held, then the next support will come at 17336. A renewed bullish move is likely to be seen if Nifty can close above 17720 tomorrow.

sabyasachi_nath

Yesterday returned from the resistance at 1933 and settled a little below that level. It has a good chance of crossing the barrier today on the back of good fundamentals.

sabyasachi_nath

When it opened above 73.25, it has given a breakout today. We will have to wait a couple of days to ascertain if the break-out is sustainable.

sabyasachi_nath

Broke out on Friday. Extremely bullish, one month target is 137. Stop loss mark 100.

sabyasachi_nath

Last week Coal India crossed an important resistance. If it is now able to cross 172 in this month and remains bullish, a level of 195 can be seen in February itself.

sabyasachi_nath

16900 by tomorrow or day after, else 16550 will be the point Nifty will gradually drift to, by mid next month, may be.

sabyasachi_nath

May consolidate till 20th December and try to cross the descending resistance in the range 486 (in 3rd week of Dec 21) to 480 (in the last week of Feb22). Once it goes above 480 by Feb end and holds there, the break out can be expected.

sabyasachi_nath

Ingersol Rand has crossed an important long term resistance line. Short term support is at 1238 and if it holds for a couple of days, intermediate target will be 1400.

sabyasachi_nath

Support around 1280 and intermediate term target is 1700. Will have revised target if it goes above 1700 by Nov end.

sabyasachi_nath

The stock has started to move after long consolidation. Target could be 3000 by the month end.

sabyasachi_nath

The picture says it all. Speed breakers at 675, 700-725 and the last one is at 790-800. By January '22 it should break free.

sabyasachi_nath

However Graphite may surprise us in short term. However things will look up only when it moves above 789 in a quarter or earlier.

sabyasachi_nath

Breaks out of ascending wedge. If it is sustained, 304 is on the cards.

sabyasachi_nath

On the 8th October '21 Tata Motors in a frenzy of bullish move crossed the strongest resistance line at 371 that was formed due to the shadow of the top formation at 602 in September 2016. There will be now a resistance at 475 while the target will be 637 and a support at 363 active till the year end.

sabyasachi_nath

There is a strong support at 560 and in an up move the resistance is expected at 990-1000

sabyasachi_nath

While there is a strong support around 800, there looms the descending resistance at 1020 to restrict it from upward movement. The resistance will be attempted to be broken out which could happen in a couple of weeks or may take a little longer but not later than the current FY. Over a longer perspective of say three years, the scrip is destined to surpass its...

sabyasachi_nath Updated 

For the last 31 days HAL crossed the last descending resistance line but could not completely (level 1369). But it has not yet given up and we are likely to see the breakout in the next seven to ten days and then HAL will be in an unchartered one. We will know it in 10 days. When is the Q2 result?