Took support at Trend Line 4 times, If it breaks trendline a big correction upto 68k can come. Near 68k level we have a. H&S Target b. 50% retracemet from Russia Ukraine war bottom c. Weely unfilled gap
Covid is back, can be good pick. It has beautiful cup and handle
Cup and Handle pattern in Weekly Inverted Head and Shoulder in Daily. Near weekly trend line. Gold has good entry considering inflation fear and run in other commodities
Few thousand points left in BankNifty. Next week up move will give last opportunity to exit.
Traget Level # 10200-10300 Weekly 200 EMA Daily 100 EMA 4 Hours 200 EMA
Next support looks at 10305...lets hope for best
HDFC has support at 1st at 1231 2nd at 1191 3rd at 1144 Witnessed strong selling pressure around 1250, Once it breaks resistance it will make new high. RSI currently in all timeframe between 40 to 60 range, which allows little more possibilities of falls. It will be good buy from 1200, 1150, 1100 Target 1250, 1300