The pricewise correction happening in the stock can take that to 944 as 1st target...
Good to go long with a SL of the recent low created and having a momentum to test 80 levels in the coming days. NSE:ALOKINDS
NSE:BIOCON In fury to touch 426 and expecting a fall to touch 367 for any further upward journey. A close above 435 in Daily will be new Bull wave.
ICICI Trendline break in 1Hr TF confirms the downward trend ...
Todays close below the Trendline confirms the start of the downtrend.
DJI is in a Bullish bias upto this time; but not showing a clear trend so its better to watch the breakouts...
DJI has to touch 23150 for further up move; if breaks the high what it has created then should wait for a fake breakout if not a fake break it should hold the high for 1 Hr else more pain in DJI
DJI is travelling in an upward channel which is signalling an potential uptrend.
If a close above 24037 in 1Hr will take DJI to 24347
Todays close is very important possibility of testing 20000 again ...
Bank Nifty support is seen @18000 for a potential reversing point to continue a Bull run.
Power Grid is showing bullish sign if today's close is above yesterday high we can see a decent upward momentum
Nifty has formed Three Black Crows in Daily TF which shows more towards the way of Red ...
Tata Steel has completed its bottom @ 270.75 yesterday and if todays low @255 (Spill Over) made holds expect 399 and a correction to form a HL @ 310 - 298 on Daily range and then to 454 to make a LH in Monthly range.
Expecting a Potential Reversal for Nifty from 8900 to 9000 if breaks and close below 8800 on weekly basis then further more fall can be expected.