Tata chemical given a breakout and maintain its trendline, if sustain above 1162 then buy for new high, support at 1132. RR 1:1
Polyplex is in downtrend near its 1st support of 1899, if sustain then up-move, otherwise, down trend till support 2 and 3. Keep in track. Company has performed good in past years and one of the leading company in wrapping papers for FMCG companies.
Bank Nifty if open gap up then need to sustain above 39250, however, DOW cracks on 7th Oct due to US unemployment data released which indicates BN will open gap down some where around 39050-39100. Support 38965-38800 and resistance 39250-39500. Last hour rally shows good buy, market will try to recover post opening gap down.
Nifty if open gap up then need to sustain above 17340, however, DOW cracks on 7th Oct due to US unemployment data released which indicates market will open gap down some where around 17150-17200. Support 17200-17110-17010 and resistance 17340-17480. Last hour rally shows good buy, market will try to recover post opening gap down. Watch the levels and trendline.
Again taken support at trendline and reversed back, may see TGT 1 ie 300, may be 325-350. RR 1:1
HEG again given strong breakout and if sustain above 1190 we may see TGT1-2-3 and 4 may be.
Today BankNifty broke its resistance of 39480 as updated in my chart yesterday and now todays high of 39590 will act as resistance for tomorrow session and support at 39230. Last hour sell indicates that market is weak and also dollar index is towards ATH.
Today Nifty broke its resistance of 17320 towards 17430 which will act as now resistance for tomorrow session and yesterday resistance will act as support i.e 17320, 2nd support at 17150. Last hour sell indicates that market is weak and also dollar index is towards ATH.
ZEEL reversed back from its immediate support and if sustain above 270 we may see TGT1-2-3 making round bottom and two inside bar breakout. RR1:1
Banknifty if open gap up and sustain then 1st Target 39480 and if gap down then 38650 is strong support, however global cues positive, so market may gap up and try to cross 39480.
Nifty if open gap up above 17300 and sustain then it will try to touch 17400-17500 and if open gap down then support will be last day low followed by 17100-16980. However market sentiment is positive along with global cues. Trade with chart.
SGX nifty is cheering up with global cues and our nifty may open tomorrow around 17025-17075 and on starting big players, who sold the market today, will pull down the market and then may go up....
Stock is making higher high and maintained its trendline breaking ATH price, looking good to buy, SL below trendline.
This stock has given huge breakout with volume and ready to make long time round bottom, if sustain above 200 go for buy for a target 1, 2 & 3 and SL below trendline.
If sustain above 925 then buy for Targets 1100-1250-1400 making round bottom, SL below trendline.
BN if maintain first 15min above 38800 and breaks immediate resistance of 39080 then 39200-39410 may be seen and if open down below 38500 and maintain below it then go towards its immediate Support of 38300.
Nifty's 2nd support of 16750 is still intact from 3 days, and reversed back making engulfing pattern, if open gap up and sustain above 17200 first 15 min then we may see 17300...and if open below immediate support of 16990 and break 16940 then may go to next support 16855-16750
Reversed from Trendline so it may give a new high above 472 for RR 1:1