raghavendramurti

raghavendramurti Updated 

as reported on QoQ reposrts,

raghavendramurti

Support level at 780.

raghavendramurti

Rise in the activity of health care in india, it is second largest in india in hospital sector. it has diagnostic center in south africa,south asia and middle east.

raghavendramurti

trend analysis of ICICI bank

raghavendramurti

correction of HDFC bank and bank nifty.

raghavendramurti

due to continuous rise in bank nifty, there is a need of correction due to profit booking. also considering Nov 25 loan moratorium case which is pending in supreme court.

raghavendramurti

apollo hospital going towards near term correction.

raghavendramurti

considering nifty chart, reliance has weak support at current price at around 1930

raghavendramurti

it is purely based on the price action, it has best support at 1830.

raghavendramurti

Though decrease in Indian market volatility(ind vix) , the nifty is ended with flat, hence the current support level wont hold selling pressure. view is personal

raghavendramurti

*View is personal. taking into account of weakened performance of pharma sector and volatility of Indian market(IND VIX = 22.3). trend lines are drawn on taking hourly, daily and weekly candles. shows resistance at 4950 and 5000. At 5000 strike price, there is maximum open interest by option writers.