Kanchi has a broad support at 493, intermediate supports at 548, 598. Progressive targets are 665, 680, 773. But the grand target is at 975.
Indo Borax managed to remain above short term ½ angle signifying bullish trend. In two days it may touch 696.30 if feasible. If it then can remain above 696-700 on closing basis, the stock will be able to cross long term 1/1 ascending angle and then the big leap can be seen.
Even after yesterday's bearish move the stock managed to stay above the support line. If it remains positive, then next target will be 8260
PCJ failed to cross 4/1 resistance at 96.15 today and went down. Next support is 72.95. If it does not hold, last support is at 36.60. Progressive targets 97.15 and 148.60
Immediate resistance at 75.30, if it is crossed the next target will be 83. Support 57.30
Immediate support is at 434, strong support is at 404. If it crosses 502 in short term, expect a level of 632 in intermediate term
Short term target 131.60, support is at 117.30
In hourly chart Spicejet has crossed 4/1 resistance at 79.50 which is now support and 3/1 angle resistance is at 88, which will be the short term target
Support at 2725, Resistance at 3000. If resistance is crossed on closing basis, next target is at 3378
The chart is very bullish as the market could not subdue it below 1/1 resistance line for long and now it is in strong momentum to gain the loss of bullishness. My target in the short/ intermediate term for D Mart is 1750 and support is at 1230.
Support is at 2725, resistance at 3000, target 3400- intermediate term.
Camlin Finechem : May move to 79.50, support being at 42
On Friday the stock has crossed ½ resistance angle on closing basis and is perceived to be very bullish. It is ripe time for entry at CMP, support being at 262, for an intermediate term target of 325.60
If it crosses 96.45 on closing basis then next target will be 145, further target being 264.65, Have support at 73
Downside limited to 153, target being 222 in intermediate term
Being in between the angles, supports and resistance lines are quite away from CMP and so the movement of the stock will be unhindered. Support 19500, target 21550-22000.