Sunday, August 8, 2021

Some Weekly chart For The week 09-08-2021 

 

 Dabur :- As per chart we see is in rising channel and last week touch upper line of channel and down fast and close near low. if call "Bearish Engulfing" candlestick pattern. if next week trade and sustain below low 584  or Below 582 we see more downside.

Support Level :- 564-552-536-528-525-519.
Resistance Level :- 596-605-620.


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HDFC :- We see flag pattern breakout after 5month Consolidations with good volume. With that we see its break last swing High also. IF hold 2510 falling trend line level then we see more upside above 2685.

Support Level :- 2620-2590-2564-2560-2525-2510.
Resistance Level :- 2636-2685-2732-2763-2793-2896.

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Kotakbank :- AS per chart we see is in Expanding Triangle and last week its found support fall lower trend line and good bounce with good volume. after 4-5 month 1st time close above 20w SMA also. which we expect a strength after 4-5 month consolidation. if next week sustain above 1795 then we see more upside in coming days.

Support Level :- 1773-1755-1742-1740-1727-1720-1705.
Resistance level :- 1798(200D SMA)-1813-1828-1845.  


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SBIN :- We see its cross 3month consolidation with good volume but close again below trend line with like "Shooing Star Doji" pattern and again close in previous 3-4 month range. If sustain below 430 then we see more down side. AS per 2nd Daily chart we see find resistance at 161.8% of last swing 442 to 400.5.

Support Level :- 430-427-435-429-427-419-417-408-400.
Resistance Level :- 441-448-445-462-468-484.

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TCS :- we see on chart that its trade in rising wedge and find support of lower trend line of wedge and bounce with good volume and close near High. which indicate some strength in this stock. But as per 2nd chart we see its made high near previous swing top. 3340 to 3400 is good resistance zone. If cross and sustain that with good volume then we see new range of stock.

Support Level :-3265-3217-3164-3156-3132-3073.
Resistance Level :- 3354-3358-3400-3507-3533-3564-3667.


 

 

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