Nifty 50 trading in its ascending trianlge pattern with Higher Lows, Soon Nifty 50 will test 10984.
Currently trading at its strong support of 10868
We may expect a small selling up to level 10819 to respect its 30 EMA and a bounce back since it is trading above 200EMA.
Havells, Such a gem, is ready for its consolidation, because
Verge of its Symmetrical triangle breakout towards down side, supported by its movement below its 20 EMA and travelling towards 200 EMA.
If the market didn't close above 721 today, there will be some sell off towards the levels mentioned ,
can come up to 658.
Merck is at its strong trend with Lower high pattern and towards its short term target of 3411.
With Lower highs trend (supported by 20 days EMA) towards its resistance could breakout the resistance and can reach its all time high of 3536.
Strong buildup (Large body candles) between the zones ( highlighted in yellow ) supported by 20 days EMA.
if closes above 1417 today, we can expect a short term target of 1434.
Above 1434, can touch 1460.