thegutsy

thegutsy

Break of 600-550 Supports on WEEKLY CLOSING basis can result in sustained Downtrend. Above 600 Levels, Buyers wil try to Dominate.

thegutsy

Stock encountering Multiple Resistance Zones. No Clear Uptrend till Resistance Zones Crossed and sustained on Weekly Closing Basis.

thegutsy

Stock bouncing Off Supports of 3800-3600. Break of Trendline on Weekly Closing Basis can result in Uptrending Moves

thegutsy

Expect Choppy Markets with Upward Bias above Support Area Support 16000-15700

thegutsy

Resistance 16150-16050 Above this area, Bulls will be active Below this area, Bears will be active Caution as Short Covering and Value Buying can cause Sharp Reversals to Upside

thegutsy

Support at 1890 for Bulls Target for Higher Levels if 1890 Holds on Weekly Closing

thegutsy

Stock in Sideways Trend Taking Support in 3340-3000 Range Holding this Support Area will help Bulls push Prices Higher towards 4000-3800

thegutsy

Resistance @ 16500-16300 Support @ 15800-15600 Within this Range Nifty is Choppy with Sellers at Resistance Levels and Buyers at Support Levels

thegutsy

Stock facing Resistance 275-260 Levels Failure to Close above this Level on Weekly Basis will help Bears push prices down to support area 220-200 levels

thegutsy

Stock in Clear Uptrend Support Area @ 118-109 Directional Move will happen on Bounce or Break of this Support Area

thegutsy

BANKNIFTY INTRADAY LEVELS - 18th MAY 2022 Upper End : 34693 34501 34309 34118 Lower End : 33734 33543 33351 33159

thegutsy

NIFTY INTRADAY LEVELS - 18th MAY 2022 Upper End : 16381 16312 16243 16176 16105 Lower End : 15967 15898 15829 15760

thegutsy

Beware of possible Profit booking from current or, around 16350 Levels. 15700 Levels to hold for Nifty to have a continued Pullback with Choppy moves in between

thegutsy

RangeBound 955-730 Sell Resistance/Buy Supports till Range Breakout Confirmed

thegutsy

NIFTY - 17th MAY 2022 Nifty continues in 16100-15600. Buy Support, Sell Resistance till Range Breakout. Caution on Lower Side Breakout - Short Covering/Value Buying may happen causing Sharp Reversals

thegutsy

BANKNIFTY INTRADAY LEVELS - 17th MAY 2022 Upper End : 34484 34256 34029 33801 Lower End : 33346 33118 32891 32663

thegutsy

NIFTY INTRADAY LEVELS - 17th MAY 2022 Upper End : 16206 16217 16048 15968 Lower End : 15809 15730 15651 15571

thegutsy

RangeBound Action Confimed 3 Weekly Closes Above/Below this level will result in Directional Move