Nifty Weekly 5 EMA is at 4860 Levels which will prove as Resistance as of now. Support at 20 Week SMA at 4700.As mentioned in previous Week 20 Weekly SMA will provide as a support and nifty.Previous Week Post Now looking at the Daily Charts of Nifty, We have closed above 5 EMA but resitance… Read More »
Nifty has remained 4 days below 50 SMA now again today is 4 day closing below 50 SMA so i am accepting a bounce back tomorrow. Above 4610 we can accept 4683 4802. Support at 4491 4419. We will see a sharp bounce in coming days.
Support seen at 1536-40.If that is broken 1504 and 1467 Resistance seen at 1604 1641 Nagar Construction Support seen at 143 Resistance at 154 159 165 Buy above 1056 Resistance:1102 1135 1181 Support:1023 977
IF we take the Fibo retracement Level from the high 5181 and low of 3912 we now stand at 38.2% Retracement level.A Bounce can be accepted till 50 SMA of 4858. Weekly Pivot 4,811 Weekly Resistance: 4,934.5 5,157.0 Weekly Support:4,465.5 4,588.8 20 Week SMA which was Resistance will now become a support lets see?
HI All, Following is a Trading Set up for 15 minute opening range breakout Let the index/stock trade for the first fifteen minutes and then use the high and low of this “fifteen minute range” as support and resistance levels. A buy signal is given when price exceeds the high of the 15 minute range… Read More »
Stocks near its 50 SMA can see a bounce till 568 581 Levels Reliance Capital Double Bottom around 730 can see 754 781 Levels Tata Steel can see 475 483 490 Levels Zee Limited buy if 229 gets broken for a tgt of 241 Nalco Buy if 370 gets broekn for a tgt of 377… Read More »
Classic case of Resistance becoming Support Last 3 times 4730 Was proving to be a resistance and after that today it came rescuing the bull. Resistance at 4820 4860 A bull Move only above 13 EMA around 4960
Suzlon– Stock again took support at 200 DMA.Now we need to see if it can again bounce back from here.If it bounces back IF it bounces can see 90 levels Rcom- Stock Has a good support at 205 and if that gets broken than we can see levels of 185 and 171.Positive thing which i… Read More »
Buy M&M if 880-884 Region holds for a target of 910 930 943 Support at 877 Suzlon Mulitple bottoms around 85 levels buy once it crisses 90 for a volatile tgts of 92 95
Buy above 361.50 for tgt of 364 367 Buy Havelss ABOVE 345 353 365 buy :LIC hOUSING ABOVE 843 TGT 860