VKS24

07:00

VKS24

Bank Nifty - We have analyzed the daily chart of bank nifty. The market is in the range for over 1.5 months. The price structure on Daily chart shows that it is forming a rounding top kind of pattern and the neckline is 43300 - 43400 zone. Once market trades below that zone we may see a huge fall in the price.

02:20

VKS24

The market went sideways after hitting an ATH. Currently, the market is in the range of 43800 - 44500 a 700 points range. There is a good support zone around the 43800 and 43450 range. Any closing above 44500 can be seen as a fresh breakout.

VKS24 Updated 

Indigo Aviation - Good price action on Weekly and Daily.

VKS24 Updated 

Ambuja Cement: After the Adani saga in February the script has seen a brutal decline and fallen around 50% from it's ATH. Now, the script has been taking support at Weekly 200 EMA. Also building a higher base on the Daily chart. A close above 396 - 400 Zone will indicate the correction is over and stock might see a higher level. One can go long above 400 with...