Granules India: Weekly Chart. Initially seen breakdown from symmetric triangle, but later BO was seen and also did retest of Breakout zone 133 around. Price action has now changed to HH & HL, also RSI has improved and is abv 50 on both Monthly & Weekly char, it's a healthy sign.
Price band marked is for ATH, in current week rejection is seen just below the lower band.
Be cautious for ur entries near to This band, it may trap for some time.
Some good entries would be btn 290-310; SL 280
Cipla Monthly Chart, 408 - 365 earlier accumulation zone of 2013. Currently tradingin same range. If it suistain this level of 365, then target of 500 and 800 can be seen. If it breaks this level of 365 further more down side around 275 can be seen. Strict SL of 365 or 375 to be followed.
Nifty 50 Monthly: Still respecting Monthly channel low, 6 day's to go for month end. Let's see what happens next. Down side level estimated btn 5.9 to 6.4 K. Hoping & praying for This level to be bottom, no more discoveries below this.
Marico: Monthly log scale
Trading at critical price zone (observe the red dotted price band)
Small addition in SIP strictly between this band.
Below this band Price might see big fall.
Invest with caution strick SL as per Risk Management to be followed
*SOME INTERESTING FACT CHECK ON NIFTY50*
2020 IS A LEAP YEAR, WHAT HAPPENED IN PREVIOUS LEAP YEARS
*2008:* Market makes a bottom around 2216, FIB Retracment level 0.786
*2012:* Market makes a bottom around 4481, FIB RETRACMENT level 0.38
*2016:* Market makes a bottom around 6789, FIB Retracment level 0.5 (PHY)
Market made bottom every Leap Year in last...