If the consolidation is over upon having recently tested and survived long term 2/1 support with decent volume, we may now see some good move in this counter in short term. However a target of 100 by August '21 as indicated by the chart seems to be a little stretched.
Between September '20 and January '21 Reliance and Nifty were out of sync. Since February '21 Reliance seems to be closely following Nifty chart. What is interesting is that Reliance being the major component of Nifty, Nifty and Reliance in sync. could be a major boost for the Nifty attempting All Time High in the coming weeks. As regards to Reliance, a double...
Between September '20 and January '21 Reliance and Nifty were out of sync. Since February '21 Reliance seems to be closely following Nifty chart. What is interesting is that Reliance being the major component of Nifty, Nifty and Reliance in sync. could be a major boost for the Nifty attempting All Time High in the coming weeks. As regards to Reliance, a double...
Support is at at 26.40 and resistance is at 30.35. Once 30.35 is crossed, the next resistance will come into play but let it cross 30.35 first.
Presently 200 will act as a support and 241 will act as resistance.
In the last three days Meghmani has given a splendid price and volume breakout and in the process has crossed important short term and long term support. Short term support is at 119, presently it is in a sweet spot and may find a target of 177 in intermediate term but if it happens so, this will not be the limit.
Minor resistance at 1643, once crossed and closed above it, intermediate target will be 1900+
Exactly after two years Graphite has been able to conquer Mount 500. Crossed a short term resistance today and if the bullishness continues, the next intermediate term target will be 620.
Support is at 102 and is expected to hold. Any dip should be used for recoupment. May give splendid return in intermediate/ long term.
Resistance at 371. If it is crossed and closed above 371 it will turn bullish. Short term support is at 330
In the short term it will find support around 26.50. Once it returns to its upward move, intermediate term target will be 42 and above
Destined to achieve great heights a glimpse of which is gradually emerging, not being quite there already, but almost. Support is around 55 and a strong resistance around 79. All clear above 79.
Showing bullish characteristics for about a month. Intermediate term target will range from 500 t0 690 depending on the movement for the next few weeks. Strong support at 275 range
145 was a clear cut resistance which was surmounted well on the last week. Fresh bullishness may take it to a level of 210-225, where it will meet another resistance.
Consolidating, however bullishness and being above 1475 level will take to great heights. Should remain bullish for another week.
Resistance line is presently guiding the stock's movement. If it continues, by April end we may see a level of 600. 455, incremental, remains support
For the last three trading days Rain could not stay above the resistance line. For making next upmove it has to close above 169 on Monday and will cross another resistance at around 185. In the intermediate term the stock is bullish
Broke support on Friday and support is now at 694 and will turn bullish if it immediately closes above 757.