sabyasachi_nath

sabyasachi_nath

The triangle formation with dozi may be the indication of imminent breakout this week or early next week. 140-142 may turn out to be a good entry point, as was earlier assumed.

sabyasachi_nath

It is going away from the descending line. Has to close above 133.50 for return of bullishness

sabyasachi_nath

If in green fresh entry may be contemplated. (Please ignore the red lines.)

sabyasachi_nath

Hope 8/1 holds

sabyasachi_nath

If tomorrow the stock manages to crosses the resistance and closes above 1331, it will be out of 31 day bearish shadow.

sabyasachi_nath

Mro Tek has a support at 41.70

sabyasachi_nath

Up move can be seen once it crosses 1/3 line in which case next target will be 1505 upwards.

sabyasachi_nath

Immediate resistance is at 883.50. Progressive minor resistance points are at 929.30, 951.55, 989.50. Target medium term: 1138.65.

sabyasachi_nath

Made a turn around from support and bullishness may return now. Next resistance at 221.

sabyasachi_nath

Returned from and standing very near support. Good entry point for medium term

sabyasachi_nath

Theoritically it can go to a level of 94.50

sabyasachi_nath

Short term mild recovery can be seen if the stock goes above 184.

sabyasachi_nath

Presesntly the stock price is toeing 1/1 descending line and appears bearish. Bullishness may return once it closes above 156 and continues upmove to 186 to get out of the bearish shadow

sabyasachi_nath

In this run up the scrip may see a level of 25-26 in short term.

sabyasachi_nath

One may have a medium term target of 192.35 with intermediate resistance, the immediate one being between 156-160

sabyasachi_nath

Target 71.75

sabyasachi_nath

If it crosses 117.25 on closing basis next target can be kept at 140

sabyasachi_nath

ITC is in bearish trend and is following descending 2/1 angle. Friday's upmove gives us hope that it crossed 2/1 line. However bullishness will return upon closing above 271 when it will cross 8/1 ascending fan.