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MARKET DOES NOT LIKE GAP SO NIFTY FILLED GAP OF 200 POINTS AND TOOK SUPPORT AT VERY CRUCIAL SUPPORT AREA 11380 TO 11420...NOW IF NEAR TERM RESISTANCE OF 11500 TAKEN OUT THAN NIFTY CAN BE EASILY GO TO 11670 TO 11700 LEVELS...IF NIFTY TAKEN OUT 11380 VIEW WILL BE INVALIDATE

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AS SEEN IN THE CHART GAIL DOUBLE BOTTOM IS THERE IN GAIL AND IT IS READY FOR UPMOVE TILL 145 TO 148 LEVELS WITH SL OF 128

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As shown in the chart stock make good base at bottom also give good bullish divergence at the bottom and now ready to fly above 2070 with target of 2100 to 2120

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AS SHOWN IN THE CHART BANKNIFTY CAN BE EASILY GO TILL 28000

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Coal India have bullish divergence on 4hr chart.Bullish Divergence get activated above 194 to 195 price of stock...

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RSI Bullish Divergence along with Double Bottom can be seen in Apollotyre. Neckline is around 159 above which stock can be bullish

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ICICI Bank is the fifth Heavy Weight stock in Nifty 50. A Rising Channel is seen on weekly time frame. Currently price is at a junction of horizontal and trend line support.

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Infosys is the fourth heavy weight stock in nifty. There is a strong bullish zone for infosys in between 760-775. On weekly timeframe, a clear bounce back is seen

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HDFC is the third heavy weight stock in Nifty and is seen to have taken a major support and a strong bounce on weekly timeframe. Stock bounced from Support Zone, Trendline support and Fibonacci 0.618 retracement

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Reliance is the second heavy weight stock in nifty . Even this stock is at its support awaiting for a confirmation of bullishness.

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HDFC Bank has the highest weightage in Nifty 50 & Bank Nifty Indices. It is at its strong support on weekly time frame. For confirmation one should wait for a bullish candlestick pattern at the support zone. If this stock becomes bullish, it will make both the indices bullish.

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There's a strong support zone in between 28200-27600 for Bank Nifty.

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Prior Trendline Resistance might act as Support now.

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Price trading below trendline support and nearing a supply zone. Any bearish candlestick pattern will confirm the reversal.

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TECHM is at its long term support and Pivot S2 with RSI Bullish Divergence . If the stock can close above its immediate resistance like 20 SMA / trendline resistance, stock can be bullish.

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HCLTECH is at its strong support and is exhibiting RSI Bullish Divergence. 1000 PE has highest OI. If it can close above nearest resistance like 20 SMA or Trendline resistance, further bullishness can be seen

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There's a bearish divergence on hourly chart with Hanging Man/Doji candlestick pattern. Price is also at conjunction of Resistances ( Trendline & Horizontal). A bearish candle already closed below Hanging Man/Doji. For best confirmation of bearishness one can wait for a close below 330 which is a conjunction of both horizontal and trendline supports

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Any Bearish Candlestick Pattern at resistance zone will force the stock to take U-Turn.