Looks like 2435 will be a possible powerful resistance for this stock this year if 2435 break these are possible targets Target 1: 2870 Target 2: 3500 Target 3: 3875 If Target 3 achieved we can call it as V Shape Recovery
Star has made a double bottom, looks like it will try to test the following targets: Target 1: 415 Target 2: 515 Target 3: 665 Lets see if this is possible
I'm expecting Nasdaq to test 13055 in eight months, if it recovers faster 14450 in six months based on support and resistance Trendline with Fibonnacci levels
Based on the Trend Line, Support & Resistance and Fibonacci levels , looks like Tata Motors has the more probability to test the following targets Target 1: 574 Target 2: 610 Lets see if this works or not
Looks like there are chances for Bata India to correct 16% from here i.e to test 1278 level this year as per fib level, lets keep an eye on this stock
Looks like gold will take support near 58520 , lets see if that happens or not
Looks like the correction in Divislab moving towards 2200 level, if I'm not wrong there are probability for this stock to test 2780 as the first target and 2200 as the second target. We need to keep an eye on this stock in the coming days
Based on trend line, and fib level Canara bank looks like going towards 400 and 436 this year
Looks like nifty will face the following resistances
Looks like nifty will test the following targets this week: Target1 -> 18383 Target 2 -> 18444 Target 3 -> 18488 Support 18300
Looks like zomato is trying to form a j-hook pattern on weekly chart, I'm expecting a first target of 66 and next 89 lets see what happens
Looks like LemonTree hotel stock price is moving towards 117, based on the trend line and fib level Just keep an eye on this stock
I'm just wondering Nifty might test 20500 this year if16700 is not broken, lets see if this works or not, fyi: this is just for educational purpose
Looks like IRCTC is moving towards 473 (hopefully this will be a good support), if that break next 380 will act as a second support
Looks like Graphite India will see a 35% correction this year based on the movement of this stock and fib level
Looks like BEL will try to reach 127 this year, just waiting for the second breakout
Looks like Ramco Cement will try to hit 1060 this year, so lets keep an eye on this stock
By seeing the trend lines and support and resistance, and also fib retracement, SBIN has the chance to test 628 first and 706 next this year