NIFTY
As per 1st Chart we see that Next Fibonacci Level is 127.8% is Near 19555.
As per this 2nd Chart we see that Quarterly R2 is Near 19485
NIFTY
As per 1st Chart we see that Next Fibonacci Level is 127.8% is Near 19555.
As per this 2nd Chart we see that Quarterly R2 is Near 19485
NIFTY
As per 1st chart we see that 138.2% at 18611 and Today made High at 18614.
After that we see some selling and close Below 42 point from High.
As per this chart we see that Its Trade at All Time High But at that Point Price is not in Break out Force.
As per 2nd FIBO Chart we see that price touch 161.8% of last swing. which is very important Resistance Level. So Coming days if fail to cross this 42777 approx level then we see some down move.
Summary :- As per both Index NIFTY & NIFTYBANK chart we see some correction Mode.
So Trade Accordingly.
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Now We see Some Stocks.
AFFLE
As per Daily chart we see that Break up last 4 candle with "Out Side Reversal" Candle with very good Volume. with that we see 21&34 EMA positive cross over also there and find support near that level also. so coming Days if sustain above 1300 Then we see some good Up move till 1360/70 and ++.
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IFBIND
As Per 1st chart we see that Break Resistance Trend Line with Very good Volume and Success to close above that also. As per 2nd chart we see that Now is in Higher Bottom Higher Top Formation Mode. We see that Break last 6-8 week range and 21&34 Week EMA with good volume. So coming week if Sustain above 1050 The chance that we see more upside like 1190-1290-1365.
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I AM NOT SEBI REGISTERED ADVISOR.
ALL THIS CHARTS and Comments for Educational Purpose Only.
Before Trade Consult Your Financial Planner or Advisor.
We are not liable for any financial or any Other Loss.
NIFTY Daily chart show Expanding triangle Break Out on Upside with "Hanging Man" candlestick formation. As per 2nd chart we see that trade near all time High, and close just near 2nd Highest top. As per 3rd chart we see that on weekly chart Triangle Break Out. So if Nifty nexy week sustain above this week High 18362 then we may see New All Time High in coming days or Weeks. .
Manappuram chart show that after long time first time made Higher bottom and may cross 112 then Higher Top Formation active. On 2nd Ratio Chart we see that almost last 6-7 month down trend line break last week. on Price chart trade above 112 then we see some good Bounce in coming days.
Support Level :- 108-102/103 zone.
Resistance Level :- 117-128-136-141-157.
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