Whenever candle forms small body continuously for few days is a sign need to study a chart specially share like Nazara, 3,8 Nov was seen candle with comparatively high volume then recent few days, currently below ema50, anytime takes support of ema50 and ema20 and breaks level of 2414 can seek a quick 1st target of 2520-2630.
Can see a quick gain tomorrow(17/11/21) / coming week if sustain support of 2634 and market bounce back, if it breaks n close below that, gonna seek new support at 2534.
Already breakout of level 1707 made high 1715, need to close above 1707 for further rally, however its going far from EMA 20 so can look for 1st support at 1595 in order to bounce back.
Chart study shows bullish IT sector, dotted trend line drew on monthly chart from top of sep month and it's working fine on daily chart as support and resistence, which is broken upwards on Friday also, also closed above EMA20 entire week starting 8th Nov, 34400-34778 working as a great support since sep 1st week. Seeking target 37335-37823., if closes above...
Reliance crossed its resistance of 2570 also took support of trndline of 2008 on monthly chart , closed above EMA20 on daily chart, seeking target 2750.
TCS shows good support at 3391 also taking support on on trend line from Mar20 (3436), and closed above EMA20 on weekly chart. Seeking target of 3800