jignesh.s.thakkar

jignesh.s.thakkar

nifty seems to have fromed support based on RSI? will this trend conti in coming days as well?

jignesh.s.thakkar

Bata will it break the support zone of 1660-50 and test 1550-60 which comes near the lower line of the falling channel?

jignesh.s.thakkar

Nifty Daily Hit a key level and saw good selling pressure on Friday , closing with bearish candle, near-term support 16320-16130-15950-157000-15500 below 15400 will open doors for 15000-15700 upside above 16700-800 ,17000-17200 area are key resistance as of now ..

jignesh.s.thakkar

Kotak still same level of 1825-35 holds .. and one more time is trying to attempt .. will be make it this time or will again retrace ??

jignesh.s.thakkar

nifty is almost over sold on daily charts while on weekly is bearish conti., Here if get support from global markets , a technical bounce cannot be ruled out in that case key areas to look out for will be roughly 16300-350, 16500-600, 16830-900 zones on upside .. while on down side near term supports are placed @15550-15300-15000 areas.. eventually it seems like...

jignesh.s.thakkar

kotak - still holds upper line as resistance , weekly close above 1830 can open doors for upside however as of now it seems like lower bands are slowly shifting up.. possible after rate hike in India banks will give a breakout on upside. near term support 1700-1680 strong support 1500-1520 and 1400-1420 expect to trade side ways in range of 1680-1840 till...

jignesh.s.thakkar

Bata almsot at March lows .near crucial levels... can we see a bounce back? investors may accumulate on dips , difficult time for traders . however traders can try to take positions at key levels with proper risk management

jignesh.s.thakkar

big range 2200-2400 if holds current week lows then possible to retest 2510-2540 choppy range , investors can accumulate on dips .. difficult time for traders

jignesh.s.thakkar

Nifty on Daily and weekly has given a Negative cls, Friday gave a gap down open and traded lower all day long and closed at two weeks low how ever did manage to hold just around the weekly and daily support zones , Monday we may se some technical bounce if support from global , but this bounce may be limited 1660-70 will be key area to watch and on down side ...

jignesh.s.thakkar

UPL weekly cls big RED with Tail at upper end: on daily charts has mananged to hold the near support , friday cls is almost a Bearish Marobozu if breaks next support area visible on weekly is 765-60 zone , then deep down 700-690 and 670-660 which can act as a very strong support area, resistant 815-20 followed by 835-40

jignesh.s.thakkar

UPL weekly cls: on daily charts has maned to hold the near support , friday cls is almost a Bearish Marobozu if breaks next support area visible on weekly is 765-60 zone , then deep down 700-690 and 670-660 which can act as a very strong support area, resistant 815-20 followed by 835-40

jignesh.s.thakkar

RIL th 1 of 2650-40 done , next potential tg can be 2515-2500?? are we going to touch these levels in coming days?

jignesh.s.thakkar

RIL if we see carefully on daily and weekly , we see a similar pattern , and if this pattern if actually plays out in real then RIl can test 2515-2525 levels in coming days before starting a fresh upmove .. retest if 2500 zones is very much possible.. lets see how things unfold in coming days..

jignesh.s.thakkar

UPL has failed to sustain 840 area multiple times, on daily and weekly it seems it may go for a inverted HNS subject to hold 760-720 levels and then a breakout above 840 will confirm the pattern and open doors for upper levels. I will be watching this to buy at key levels after watching PA and data near those levels.

jignesh.s.thakkar

Nifty is trading in a falling channel, tightly holding resistance at the upper line of the channel and so far has managed to hold the lower band of the channel. we can expect a retest of lower band which is near 16900 zones .. so a restest of 16900-800 is very much on cards in next week and if down side conti. next support zone comes between 16500-400 zone...

jignesh.s.thakkar

nifty tested 17350 tried to cross 17400 but didnt sustain above 17400.. again resdy to test 17000-16800 ... on upside 17450-17500-17550 are key areas to watch out for on down side 17000-16800-16500 are key areas big range 15500-18500 is in place.

jignesh.s.thakkar

Nifty holds key support area 16800-850 closed with bullish harami , upside first level to watch 17300-350- 17500-550 area on upside. for near term expect to trade in choppy range .. wide range can be 15500-18500

jignesh.s.thakkar

nifty has held the upper resistance of channel falling line, are we going to see a TEST of lower channel line again? approx 16000-15800-15500? time will tell