SPARC given breakout after long sideways with huge volume and price rising, safe entry above 244 for RR 1:1 and risky 1:2
Yesterday support 2 becomes 1 and 16750 is still intact from 2 days, but trend is negative so it may breach tomorrow, and next support at 16480 which is goloden time for investors for new position.
After making round bottom and given huge rally till 300 and tumbled, taken support near its trendline and again heading upwards with good volume, may see good rally.
making round bottom on daily chart, if sustain above 310, will see new target, RR 1:1
making new high on daily chart since May 21, if sustain above 240, will see good move, RR 1:1
Round bottom on weekly chart, near to long time high, if sustain above 294, will make new high, RR 1:1
IF sustain above 521 then we may easily see TGT 1, 2 & 3 in near future making round bottom.
Immediate support fro nifty is today low if breached then more pain.
If maintain to sustain above 600 then we can see TGT 1 in near future
Above 327 if sustain then we may see TGT 1,2 and 3
US FOMC Meeting is awaited by all countries, immediate resistance at 17800 and strong support at 17400
Roundbottom formed with huge volume breakout, will see a target of 460 very soon
reversed from trendline, will see new high above 1068.