NIFTY
As per 1st Daily Chart we see that Price Made Higher High and MACD at Lower top,
same With RSI also not at High with Price. and RSI break trend line also and still below that.
On 2nd Daily Chart we see that is Expanding Triangle Pattern and Friday 25-11-2022 close Near dy Resistance Line with "Bearish Spinning Top" Formation with
NR7 (Last candle NARROW, compare to last 7 Candle).
But On Weekly chart we see that is break last 3 top and close above that with bullish candle.
But Still Below All Time High 18604. So Next Resistance is 18600-625 Zone.
If Nifty Hold Previous Week Low Then Market is on Up Direction.
On Daily Chart we see last 4 days Nifty Not break even previous Day Low.
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NiftyBank
On Daily Chart we see that Close Downside After made New ALL Time High.
With that we see that MACD and RSI not made High with Price High. so if Price Start fall from Here Then is Call Negative Diversions.
On Weekly Chart we see that NIFTYBANK break 2022 Resistance Trend Line and close above that.
So NIFTYBANK Hold Previous week Low then Trend Is Up.
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DALBHARAT
As per 1St weekly chart we see that Before 4 week Big Bullish candle, is consolidation around High and again start Upmove.
As per 2nd Weekly chart we see that Break trend line and again Test that break Out and again start Upside Journey. On 3rd ratio chart we see that is in Consolidation in Rising wedge and on Upside Move. With all that we see 21 & 34 Week EMA positive cross over With "Bullish Morning Star" candle.So if Hold 1640 then we see some good up side Move in coming weeks.
Support Level :-1640.
Resistance Level :- 1795-1880- 1950-2035-2094.
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GODREjIND
As per 1st Weekly chart we see that made a Double Bottom Formation and then start Upside Journey and Break last 2 week High With Good Volume.
On Daily Ratio Chart we see that Break Consolidation Zone and start up move.
So coning weeks if cross 432/435 Zone then we see some good Up move with Good Support Level with 400/405 Zone.
Support Level := 405-400.
Resistance Levels :- 435-443-452-458-465(200 Week SMA). above that new Bull run Start.
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As per 1st Weekly chart we see that after 15-18 Month 1st time Made Higher Bottom and Now Try to Made Higher Bottom For Long Term Up side Journey.
On 2nd Chart we see that break falling trend line with good Volume.
On 3rd Ratio chart we see that is near Resistance of last 6-8 month Trend Line.
So if success to break that resistance Trend line then strong Confirmation For Up Side Journey.
Support Levels :- 2040-50 Zone.
Resistance Levels :- 2170-2220-2280-2330-2400-2450/80 zone.
Some Chart for self Study.
CROMPTON
HDFCLIFE
MFSL
PRSMJOHNSN
RADICO
WOCKPHARMA
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