Nifty next up move will come when it close above 22150 on monthly chart. Empirically, in General election year, Nifty has a tendency to bottom out in Feb-March, followed by minimum 12-16% rally towards General election outcome in each of seven instances over past three decades. As per chart nifty may be bottom out near levels 21120-20850 in upcoming days. So, buy...
Nifty is on make or break level. It form H&S pattern on weekly chart with neck line 21370. Current week will be the high volatile due Budget and FED meeting outcome. Nifty may test 21970 on higher side in under high volatility of both event. if It test these level during budget speech and break lower level on down side 21370 on weekly chart H&S pattern will be...
IFCI is in bullish mode it break resistance level 26 with volume next target 33 and 41.
Banknifty form double top pattern. If weekly close come below 47480, It may show more down side up to 46350.
Adani Grp is in bullish mode. Adani port is at Breakout level. it break major resistance 1000. it can long from here or add more if come 985. it may test 1125 and 1165 soon.
Godrej property may test 2121.Reality sector is in bullish mode.
As per chart, Nifty has given triangle pattern break out. It was Retested triangle pattern support and successfully bounced from19250. Nifty also break all time high 19995 which is bullish sign for considerable gain now. It may consolidate here and then resume it's upward journey towards 21320 and 23320 soon.
Nifty bounced from 200EMA as per recent update nifty form H&S pattern which has neck line near 19200-250. So, if nifty bounce up to these level and correct from these level, it may test 18800 and 18500 soon. So, wait and watch level 19200-250. If global tension increase further nifty may test 18120 in extreme case. For more details please...
Gift Nifty form H&S pattern on daily chart. If global tension increase, it may test 18532 and 18132 soon. Neckline of H&S pattern is 19370.
NTPC form H&S pattern on weekly chart. It can short here and on any rise up to 235. Target would be 220 soon
Nifty is taking support as per our prediction 19300-190. Now Nifty form Inverse Head & shoulder pattern on daily chart with strong bottom support 19480. If nifty sustain above neck line of H&S pattern 19760 it may test 20000 and 20480 soon.
HDFC bank is in correction mode. As per Trend line shows on chart, it may take support near 1540-1500 for reversal. If it reverse from these level it may test 1700 and next target would be 2180.
* B-nifty is taking support of trendline. * Class -A divergence seen on chart. * HDFC bank also showing class -A divergence. * There are good chances of up-move from here up to 45800.
Adani power form double bottom pattern. it may test 280 soon
Granules India trading in Triangle Pattern. It start to recover from potential buying zone near around 265. It may give run in near future.
Apollo Hospital trading in triangle pattern. Waiting for BO or BD.
JSW Steel is given breakout from triangle pattern as chart shows. Recently it was tested 773 level and reverted from support which is return move. Now it may test level 860 our previous target and next level 1010 soon.
LTTS is in bullish mode as per Dow theory H-H and H-L formation seen on chart. It is trading with the support of trendline also cross and sustain upper side resistance level 4300. It may test 5000+ soon