Airtel is looking good. Monthly chart shows it's above the 2007 high and sustaining that level from the month of May 2020. Yellow line signifies the breakout on monthly basis and looks like a decent up-move possible.
Bank nifty view for this month expiry. We are seeing BNF is a lot weaker compared to NF. BNF retrace is comparatively very weak. 22k on BNF is the range to watch with a probable upside of 23.6 and further upside of 25.5.
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This is a quick review of PVR and giving a fair idea of what levels it can testing in short term. Keep a watch!
Nifty has been trending in range last couple of days. Intraday movements have been up and down. Fib analysis on the swing shows resistance close 9400 range. Break above this can test the next gap at 9600 range at 50% Fib range.
On anticipation of bigger and better budget; also easing global tension we can expect Nifty to rally till the budget announcement. Next major impact would be the earning of Q3 which seems to be muted for majority Nifty 50 stocks.