Nifty is trading below 200 exponential moving average, the possibility of more downfall is there. Also, dollar index is going up which also indicates downtrend in the market. It possibly be short term.
There is rounding bottom pattern in weekly chart. With the breakout, one can expect a target of 32451.
SBILIFE has the possibility of going till 1930 level; it has a bullish flag pattern.
There was a good up move after rounding bottom and with a slight pullback till the neckline, the stock seems to be moving up. One can buy with a target of 392
Rounding bottom pattern in Pfizer with possible stoploss and target. Target may be achieved in 6-9 months.
Bearish flag in LTI chart with pole and target.The trend is bearish after the flag and the trend confirmation is there.
If nifty breakouts, the next possible resistance level will be at 25,518
STLTECH is currently near the support level of 132.28 and the next possible support level is at 126.90
This shows the possible support zones for bank nifty. Currently bank nifty is near one support zone and the next support zone is at 48,858
The possible support zones for Nifty 50. Currently Nifty is near the first support zone.
It provides the possible resistance zones for nifty in the ongoing uptrend. 25344 is the first possible resistance zone and 25792 is the second possible resistance zone.