Starting 2004 was a New Era of the Indian Political System wherein former RBI Chief and Finance Minister Mr. Manmohan Singh was elected as the Prime Minister of India. From there the Indian markets saw a quick growth and transformation, Sensex rocketed from 4800 levels to 21,000 level in a matter of 4 yrs. Then came the Sub Prime crisis in US which rattled the...
NSE:TATAMOTORS use these levels for your trading reference.
NSE:INDIAVIX is looking bullish in this situation. Keep an eye.
NSE:M_M crossed 200 day moving average after a long time. It is bullish till the time it stays above 503.
NSE:HDFCBANK is currently facing huge supply ahead.
NSE:HINDUNILVR currently struggling in the supplyzone. A close above 2117 can put it in bull trend
NSE:ACC has taken support from a support zone. Awaiting a triangle breakout.
NSE:NIFTY today filled an old gap as well faced resistance from its trending channel.
NSE:TITAN a close above 1050 levels will only put it in bull run. Currently bears are in control.
NSE:TATASTEEL looks bullish above 349 levels. Currently facing a head on resitance. Any close above 349 can take it higher levels.
NSE:JSWSTEEL bullish till the time it stays above that demand zone.
NSE:LT has re-tested it's recent breakout from supply zone & gave close above it. Look for long trades till the time its above that supply zone.
NSE:ITC which is in a downtrend in monthly timeframe is currently retracing its excess fall. But this rally may pause near 220 levels.
This Suck Auction Zone , often acts as a magnet for the market, till the zone is traded completely. I learned about this zone from this YouTube video. Lets watch the action of NSE:NIFTY from here.
NIFTY ANALYSIS FRIDAY 22ND MAY 2020 A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. R1-91500 R2-9200 R3-9250 S1-9100 S2-9050 S3-9000
NIFTY 21TH MAY 2020 ANALYSIS
NIFTY ANALYSIS 20TH MAY 2020