Shot term target of 547 and long term target of 575
sHOT TERM TARGET OF 513 LONG TERM TARGET 600
Reliance wedge pattern breakout. expected to fall. Once break 891 the next S1 at 848 and S2 at 789.
Sell ExideIND 1st target 226 and 2nd target 214
Sell Exideind 1st target 226 and 2nd target 214 Stop loss of 247
Sunpharma short term target 500
NIFTY TARGET OF 11100 TO CHANGE THE TREND
Reliance showing a downtrend even in monthly chart having wedge pattern.
If nifty closes below 10470 this indicates market turning red. target/Support is at 10044(EMA50).
Nifty at crucial resistance point of EMA50 and 100. Any break out of this resistance leads to uptrend.
Hi ALL After a long time nifty closed at 10378.4(below 100ma) and immediate strong support for nifty is at 10066 (200ma). Market is expected bounce back from 10066(200ma)(turn to uptrend at 200ma). failing which further downtrend(20ma will cross 100ma) lead market to fall to the level of 9310. Thank you Raju