ersaravana

ersaravana

Nifty has a short term support at 18166 and resistance at 18250.

ersaravana

Bank nifty has decisively broken out below 39000. The 30 min chart clearly shows near term downtrend in Bank Nifty. It has got multiple supports @38500 & 38000.

ersaravana

The trend shows there will a correction before it moves forward. Before any big move there will be testing in the form of Doji candle which is marked as star. If note the first star in starting of 2021 the volume of shares is less than the moving average line. But the 2nd one which has recently formed have high volume i.e. volume above moving average. There will...

ersaravana

Tata steel has posted fantastic quarter results. Stock has got support at 1200. Clear break out needed with volume to take stock further upward. Any breakdown below 1200 shall test 200 MA I.e. 1100.