NIFTY
As per Daily Chart of NIFTY we see that is just trade in a wedge and still not cross Budget Day High and Low. So till not cross we are in sideways Zone.
Asper Weekly Nifty Chart we see is "DOJI" type candlestick pattern and no clear direction as per our last week updates. we are expecting if NIFTY Fail to cross 18000-18050in coming days then we see some down move also. once we break budget day low then we see 18205 (78.6% of last swing 16747 to 18887) and below that 17035 level (50% of swing 15181 to 18887) and below 16950 ( Oct-2022 Low) we see till 16700/750 zone where we see some buying Interest.( Previous swing Low)
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ALKEM
As per this 1st Weekly chart we see that break falling trend line on upside with very good volume and with that we see break last swing low also after almost 7 week consolidation.
As per this after 3-4 month cross 21-34 EMA and close above that. so expect more upside if hold 3240 level and cross 3350-3400 zone we may see trend reversal also.
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NAVINFLUOR
As per this 1st chart we see isn in Rising Wedge and find near support line of wedge and give upside move and this week give good close above last swing Low and 21-34 EMA also with good volume.
As per This 2nd chart we see that cross prior Swing High - Low zone also. 1st time break prior swing High after Sep-2022 High.
As per this 3rd chart we see that last swing low made in price and not made in RSI. is call Positive RSI divergence, Close above central line of Bollinger Band, MACD near to give Positive cross over just Below Zero line, RSI Close above 50 is also Positive and if cross 60 then we see more strength coning.
As per this 4th Fibonacci chart we see find support near 75% of last swing.
So Expecting good up move possible in coming days if hold 4290 middle line of Band.
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NIITLTD
As per this 1sy chart we see that break falling channel's Resistance line on up side with good volume. and After June - 2022 1st time close above 34EMA also.
As per this 2nd chart we see that after April-2022 top 1st time cross previous swing High and close above that. After 6-7 week consolidation we see good up move and close near High.
As per this 3rd chart we see that after a long time RSI close above 50 mark. MACD positive cross over below Zero line but in upside move.
As per this 4th Fibonacci chart we see that if retrace till 38.2% then chance to touch 419 level where we see June 2022 Swing High Zone. So Hold 330 zone and cross 358-360 level then we see some good Up move in coming weeks.
RAMCOCEM
As per this 1st chart we see that id trade in Triangle formation and 1st break on down side but fail to break previous swing Low and reverse from that level and cross upside falling trend line with good volume and break previous swing High also and close near High.
As per this 2nd chart we see that made Higher bottom and now made Higher High which indicate that trend may change to upside.After Sep-2022 1st time cross and close above 21-34 EMA also.
As per this 3rd chart we see that MACD just below zero line positive cross over and RSI above 53 break last swing High also.
As per this 4th Fibonacci chart we see close near 61.8% of last swing and if cross that level 743 then we may see some good up move in coming weeks. and if cross 810 and close above that then confirm High Low Higher High formation,
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Self Study
THERMAX
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ZENSATTECH
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