Bandhan Bank may show a reversal. Doji (reversal) was made yesterday followed by a green confirmation candle today in the daily charts. I am not sure about the entry for traders but investors (short to medium) can go long. LTP: 295.95 Support: 285.00 Resistance: 315.60 / 324.30 / 336.55 ***Buy for medium term target of 335+
HIND ZINC (NSE CASH) CHART ANALYSIS LTP: 309.85 SUPPORT: 305.25 (309.01 ACCORDING TO 20 DEMA) RESISTANCE: 321.90 / 329.30 RISK TO REWARD RATIO IS APT RSI IN DAILY CHART IS IN A STRONG UPTREND AND IS ABOVE THE 50 MARK IN OTHER PERIODICALS 329.30 LOOKS LIKE A BREAKOUT LEVEL WHICH MEANS THAT THE CHARTS WILL MAKE NEW HIGH ONCE IT CROSSES AND TRADES ABOVE 330 CHART IS...
SBILIFE (NSE CASH) CHART ANALYSIS LTP: 1000.25 SUPPORT: 983.45 RESISTANCE: 1031.25 DATA IMPORTANT LEVELS WITH OPEN INTEREST 980pe: 237000 (2nd SUPPORT / STOP LOSS LEVEL) 1000ce: 714000 (STRONG SUPPORT) 1020ce: 452250 (1st TARGET) 1050ce: 481500 (2nd TARGET) ***BUY CALL RETAINED WITH NEW TARGETS. MARKET CAP: 506.254B (ABOVE 200B / VERY GOOD) VOL: 3.16M (ABOVE...
COFORGE (NSE CASH) LTP:3380.75 SUPPORT: 3318.30 RESISTANCE: 3544.80 MARKET CAP: 205.857B (VERY GOOD) VOL: 3.383M (VERY GOOD) REL VOL: 3.43 (VERY GOOD) AVG VOL: 540.028K (VERY GOOD) FLOAT: 21.084M (VERY GOOD) ***DATA IS BULLISH CAN BUY FOR MEDIUM TERM TARGETS OF 3500+
Can buy LTP: 388 Support: 382.80 Resistance: 397
ICICI Bank Futures (Can buy in cash as well) LTP: 613.55 Support: 602.60 Resistance: 618.50 / 625.70
Can buy Ambuja Cements Ltd (NSE Cash) LTP: 312.10 Support: 303.80 Resistance: 319.85 / 326.00
Can buy HDFC Bank Future LTP: 1409.05 Support: 1383.05 Resistance: 1426.95 / 1449.55
Buy M_M Future LTP: 751.20 Support: 738.00 Resistance: 777.95 / 792.75
Kansai Nerolac LTP: 584.85 Support: 581.10 Resistance: 595 / 603 Market cap: 302.684B Vol: 793.905K Rel vol: 3.05 Avg vol: 345.55K Float: 134.631M *** Very good data
Canara Bank (NSE Cash) Can buy small qty LTP: 144.95 Support: 143.95 Resistance: 147 / 152.45
Nifty Futures LTP: 14549.30 Support: 14502.30 Resistance: 14684.10 Daily charts (long term) ------------------------ The charts clearly don't look good; 20 DEMA and 50 DEMA are struggling RSI has slipped and is trading below 50 mark But on the other hand, I feel that this is a flag pattern which is a bullish sign ***No Trade! Too confusing. Hourly charts...
Cipla Futures Can buy LTP: 886.80 Support: 880.05 Resistance: 903.45
Nifty Futures LTP: 14565 Support: 14537.50 Resistance: 14684.10 Can buy
HDFC Bank Futures LTP: 1396.45 Support: 1383.05 Resistance: 1427.50 Buy for short term gains.
BPCL (NSE Cash) Market cap is above 241.297b Volumes are above 666.887k Average volume is 2.28 Float is 77.522M LTP: 423.05 Support: 413.55 Resistance: 434.60 / 441.85 Daily charts (long term) A bullish engulfing candle was made on 22nd April followed by a confirmation green candle on the 23rd. There is a reversal seen in the DEMA as well. 5 DEMA has crossed 100...
Bandhan Bank (NSE Cash) LTP: 337.95 Support: 335.05 Resistance: 344.75 / 349.90 / 357.70 Market cap: 529.649B Vol: 2.21M Rel vol: 0.28 Avg vol: 10.191M Float: 681.681M ***Technical data looks good Daily charts (long term) The charts are in an uptrend. 20 DEMA is below 100 DEMA but there is a reversal. MACD is showing a bullish reversal in the bear zone so we...
Nifty Futures LTP: 14897.10 Support: 14703.90 Resistance: 14943.90 Daily charts (long term) My concern remains the same which is the gap between the 20 DEMA and the candles. 14649.13 is where the 20 DEMA is trading and the candles should hold on to these levels. Breaking these levels and trading below is a sign of weakness. We will have to watch if we hang...