sabyasachi_nath

sabyasachi_nath

Long term 2/1 angle support was not breached on closing basis and the stock returned from there. Intermediate term target is about 1150 with no major resistance in between

sabyasachi_nath

Goa crossed descending 1/1 angle decisively and met the confluence area of three angles when it clsoed today. Next target 775.

sabyasachi_nath

Mangalam returned splendidly returned from its support as can be seen in the chart. There could be an intermediate resistance but if it crosses 436 tomorrow on closing basis, 760 can be seen in intermediate term

sabyasachi_nath

Goa carbon hit LC today but is very near to 2/1 support at 460. May consolidate or hopefully will make a turn from the support in immediate term

sabyasachi_nath

Kanchi has gone below 1/1 support at 464 today, but it is likely that it will reverse the move immediately.

sabyasachi_nath

If Sadhana remains bearish, may find support at 950, from where consistent up move may take to 1700 and above.

sabyasachi_nath

Tanfac although bearish, may find support at 227, a very strong 1/1 support. If bullishness returns, intermediate target will be 350

sabyasachi_nath

3/1 support is at 298 which is likely to be held by West Coast. Target is 358 in medium term

sabyasachi_nath

Support is at 712, medium term target is 884

sabyasachi_nath

KSE has a support at 2319, In this run up we may see a high level of 2815 in short/ medium term

sabyasachi_nath

Jubilant Foodworks is holding on support at 1091. Target in this run up will be 1195

sabyasachi_nath

Support 3200, target 3865

sabyasachi_nath

Graphite is tad below its 1/1 support line and expected to recoup the level in short term. In this case, the target will be 896 in short term. If it turns bearish the next support will be at 745

sabyasachi_nath

If bearishness continues, Nifty may test 10148 where the index will attempt to make a U turn.

sabyasachi_nath

The last 8/1 angle support is at 163, if turns positive, target can be 242

sabyasachi_nath

There are three possibilities. 1. The scrip will immediately move above 387, to close above 4/1 angle. Next target will be 414. 2. It will visit 363 and move up, there by forming a double bottom in the chart, progressive resistance levels will be 387 and 414. 3. It will consolidate, gradually drift to 347 and then will make an attempt to move up from there.

sabyasachi_nath

May find a bottom at 75. Target in intermediate/ long term wll be 135

sabyasachi_nath

Low 820, high 975