If this channel is maintained, a level of 1185 can be seen in this run up. 1/1 resistance is at 1058.65
With a support of 4096, near term target 4900+ can be seen. 1/1 support is at 3906.
But the fundamental story is intact and cadidate for long bull run
To resume upward journey it has to close above 10452. Progressive targets 11000, 12234
Nifty: Bullish 8X: Support at 10497, range 12450. 150 day Gann 1/1 support is at 10200
Tomorrow may move between 4100 to 4200. Breakout may happen in three days. 1/1 resistance is at 4176.
Graphite: Monday we may see a bottom of 968, if channel is not broken. 1/1 line is at 1047.60 and the stock will go to bullish mode once the 1/1 line is crossed
India Bulls Venture: Hit the resistance yesterday and closed lower. For the last four trading days attempts are being made to cross the 1/1 line, a sign of strong bullishness. It is hoped this week it will be able to cross the resistance on closing basis making it a candidate for a bull run up to 1350 in medium term, say 45-50 days.
At 16X multiple, the chart is extremely bullish for the 200 day chart. It ha a resistance at 5000 and may consolidate for a couple of days. Those who are holding can be rest assured to get more return in long term
Support is at 630 and target is 960 where it will meet 1/2 ascending angle.
One can enter at CMP for potential upside up to 825 in 45 days.
Support at 545, target 790, short/ medium term.
The stock has to cross 2/1 descending line at ~702 to go out of the influence of the line. If it does so, we may expect 810, in short/ medium term. It is behaving like the way Goa Carbon had behaved prior to break out.Strong support at 625.
Long term support at 3601. Short term resistance is at 4162. Should close above that leve tomorrow. Else a level of 3650 also possible to be revisited.
Support has broken. The stock should close above 1043 tomorrow.
Support at 632.5 is not likely to be broken. Near term support is at 704. Short term target is 950. Medium term target is 1015.