WE_YOU_FINSERV

WE_YOU_FINSERV

#ICICIBANK 1) Strong pullback from the Weekly Demand Zone , as mentioned in Previous Post and a sharp bounce back from the Zone. 2) Expecting to see 900-910 zone if we see a move abv 880-883

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#LTIM, Looking good to Long as long as it is holing 4650 Level for the Upside Target of 4800. Break of 4800 opens gate for 4900-5000 level. It has shown Stong Short covering + Good Long Buildup.

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#GRANULES INDIA, Fresh Breakdown after Long period of Consolidation

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#RELIANCE, One more Blue Chip stock is taking Support around Long Term Resistance Zone which is very Important level to watch out. Breakdown below this level will open Gate for 2100 Level which is POC of 2021 where we can see some demand coming.

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#ICICIBANK trading at Long Term Weekly Support Zone, break below this level can test 780 level which will act as Good Demand Zone for this counter

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#HDFCBANK, That 1700-1730 level acting as an Important Resistance. HDFC Bank also tried to cross 1650 level multiples in past 6 month and failed in all the attempt. This long consolidation in HDFC Bank looking like it can Breakdown to below level i.e 1480 level which is POC of last 2 year where it may find some Demand. Break below 1540 in coming week can print 1480 level.

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#HDFC tried to cross 2600-2700 levels multiple times in past 2 year but failed to do so and back to Pre-Covid level again. 2700 level turned out to be Important Resistance and VAH of 2021. Break below 2500 we might see some support around 2430-2450 below this it can turned to be more Bearish.

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#AXISBANK Very Long term Resistance this time may turned into a Support Zone. Below this, it will be a weaker.

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#BERGERPAINT Looking weak on chart and MFI has already shown Breakdown any move below 570 is a Shorting Opportunity. In this move it can do 560/550