Reliance Ind has retraced > 78.60%. Trying to enter the monthly uptrend channel. If sustains above 1480, T1 - 1600+.
Go Long Dow Jones above 23725. It has retraced nearly 50% from bottom. T1 – 24760, T2 – 25250, T3 - 26250
Go Long above 425. UPL has retraced nearly 50%. T1-468, T2-500, T3-520
Stock is forming F&P pattern. Expecting a breakout above 79 levels. T1 - 93.50 ( 23.60% retracement levels). T2 - 105.60 (resistance on monthly chart) and T3- 116.60 ( 38.20% retraceement levels)
Axis Bank has retraced nearly 35% from bottom with support of the orange line in the chart. T1 - 477 which would act as a resistance. T2 500+
Nifty has retraced 38.20% from bottom. Also sustaining above imp support levels of 9k. If Nifty breaks out 9300 can retrace upto 10K.