cheek weekly patterns, every week end we check how nifty performance, next week my view is bearish.
next week weekly out look 21800 --21500 either side breakout decide the market directions , expect correction wait for supports
market open bullish wait for retest zone / selling at resistance lines , based on candle conformation
Company is almost debt free. Company has been maintaining a healthy dividend payout of 38.0% Promoter holding has increased by 4.99% over last quarter.
nifty look bearish ( bank nifty more bearish than nifty ), closing below21580 more bearish
compare to nifty bank nifty week, first support 48230 , resistance 48730/ 48810, intraday key lev 48500
nifty in over brought zone , if cross 21810 further bullish , resistance at 21850support zone 21700, trend change below 21590