The stock has taken a bearish stance. Will turn bullish above 1042, immediate support 875, strong support is at 838
Sadhana Nitrochem: With the current rate of downward movement the stock may find 1/3 support at around 900. This by no means implies that the stock will make such consistent down move. It may turn bullish anytime and cross ¼ resistance line and will remain above the line, where the chart’s activity belongs majority of the time.
As was told, Crude has beein going down being at 59.50 presently. I has hoped the at the support will be at 59. But looking at the way the descending angle has been breached, I hope it may not stop at 59.05 and we may see some more down move.
Support is at 321, resistance at 380, if 380 is crossed then the target is 500 in intermediate term. If 500 is crossed, the next target is 875-900
Came from resistance at 4450. Hope it is able to cross the resistance by EOD.
Intermediate minor support is at 67.70, good support is at 63.10. Resistance is at 83.90, if crossed, expect 125 and above in intermediate term.
The stock seems to be in a down trend and the support is likely to come at a level of 662.45, which it is likely to hold. Progressive targets are 750, 810, 931 and then 1295. But those levels can be seen only when the stock turns bullish and starts up move.
Jubilant Food did not go below 4/1 support on closing basis and then turned bullish. Presently it is near an important 1/1 line which is at 1236 and may cross in a couple of days. Once it crosses 1236 on closing basis, the stock is expected to make a steady move to 1500 in intermediate term, if bullishness persists.
It is in bullish zone. Support is at 700, target is at 867
Long term support is at 221. Intermediate term resistance is at 243 which the scrip is trying to cross. Once it is crossed and the stock remains bullish, a level of 285 can be seen in intermediate term.
Rain came back from 8/1 resistance line at 160 on intra-day basis. Once it crosses the resistance and remains bullish then in intermediate term 202 can be seen.
Infosys is near its support at 640. Intermediate term target is 880 and above.
Standing on support. Target 1195 in intermediate term. Support is at 1095
If it turns bullish, target will be 159.50 in intermediate term. support is at 121.20
Shivalik Rasayan is on bullish move for a couple of weeks and has crossed an important 3/1 resistance on Friday. Up move expected from here on. Support 317.40, target 375.50
May move up now, as the support has been nearly tested . Support is at 751.50. resistance at 811.75. If it is crossed, intermediate term target will be 931.50.
Crossed an important 2/1 ascending angle resistance on Friday. Now there are some minor resistance on the way but the next major resistance is seen only at a level of 880 - 900