Nifty is perfectly following the pattern which we have noticed earlier . it is following 38 days period after which it comes down and then takes some support and moves upward. after 2nd nov it is in uptrend , this uptrend will stop on monday, nifty can go upto 12350-12360, there it will face dotted line resistance . this dotted line is highly volatile in nature ....
1.yesterday 11810 level was predicted for nifty , it gave close around 11813. rsi nicely took supprt of 47.89 level and took resistance 54.38 lower body of pink box ). 2. tomorrow nifty may go down after giving a 50 point up move (i.e. 11850 ). this 50 point move in nifty will be supported by bank nifty . bank nifty has a gap which needs to be filled around 25900....
flag pattern , price already gave breakout and came back for testing , now taking support of demand zone . should move up from here. first arget should be 700, 2nd 750. in long term can go upto 820
reliance is showing breakdown on price chart but if we look RSI chart it is under control and taking good support on rsi channel , we can expect up move from here. buy or avg at cmp for target 2000, 2160,2300
observations 1.vertical lines drawn on a regular interval of 38 days, it has been observed that whenever price crosses this cyclic lines, price goes down and then take a up move ( shown by pink arrows) . according to this pattern nifty should go up from here 2.we also have a head and shoulder pattern ( bearish in nature). It is very interesting to note that the...
Price is travelling in a downward narrow range, facing supply zone(resistance zone). rupee should come down(strength) till 71.78 (time period November end). from there it may rise ( weakening of rupee) till 73.50
follow the details on chart . buy at 104-106, target 122
follow the details on chart
follow the details on chart
reliance has been in down trend since long , now it has made a bullish reversal pattern. everything looks positive except one thing , it has not touched the lower boundary of long trending channel( big channel). it may be not visible on screen but if you zoom , you will see . but if we are keeping long term perspective, it will go up , in worst case it may come...
As per nifty view given on 21-10-2020, nifty was in process of making inverted head and shoulder . it has now completed that structure as visible on chart. from here it may give a breakdown or can take reversal . however candles are not looking that strong that is needed to give breakdown on lower side , infact it is making a dozi on line support. we have also a...
technical, purple lines are showing positive div, symmetrical triangle is also forming, price is standing over demand zone. lot of support. should move upward from here. buy at 780-785, immediate target 805, short term target 820
follow the details on chart
technical - follow the details on chart
fundamental- Share View: Share price high 854 (52 week) and now 620. Incorporated in 1978, CESC is the flagship company of the RP-Sanjiv Goenka Group and is involved in the generation and distribution of electricity. CESC has the licence to supply electricity in Kolkata and Howrah till September 2, 2038. The licensee area is of 567 sq. km and it caters to over...
1-in last analysis it has been predicted that nifty will take support of the shown rsi channel, it took support of same and moved upward , now nifty is facing the resistance of upper body of channel(i.e. 61.43). after looking today's candle , it seems , nobody is able to take control , neither bear nor bulls. so if tomorrow we see a gap up opening, it is highly...