TATA CONSUMER MAY MOVE UPSIDE TILL 640/650 WITHIN 2-3 DAYS MAY BE IT WILL ACHIEVE THIS TGT TODAY ITSELF DOWNSIDE SUPPORT IS NEAR 617 /615. CMP IS 625 NSE:TATACONSUM
BANKNIFTY may move upside till 35900 so we can initiate Two position over here: 1. BUY BANKNIFTY NEAR 35450-35300 SL 35070 TGT 35700/35900 2. SELL BANKNIFTY NEAR 35800/35900 SL 36080 TGT 35300
EURUSD May give small profit booking one can initiate short position bel FX:EURUSD ow 1.21522 sl will be 1.21772 and Down side TGT will be 1.20911 FX:EURUSD 1.20911
MCX Nickel(31Mar 21) May move upside till 1437/1442, with Immediate support 1424 but safe Sl will be below 1421. MCX:NICKEL1!
MCX CPO (31 Mar 21) Will Move Downside from the level 1049-1060 It may face resistance near 1092-1099. Down side TGT will be near 1010-990-975. MCX:CPO2!
NATURAL MAY GO DOWNSIDE TILL 219/217/214 CURRENCT SELLING LEVEL FOR AGGRESSIVE TRADERS 222.50-223 BEST SELLING ENTRY LEVEL 225.60-227 LOW RISK STOP LOSS 228.90 BUT SAFE SL WILL 230.60
MCX CRUDEOIL MARCH may move upside till 4396/4428 after giving the profit booking on Friday's opening market. It's today's support is near 4284, which could be taken as stop loss. MCX:CRUDEOIL1!
MCX:SILVERM1! SILVERMINI (26 FEB 21), May go upside from some dip for aggressive traders can take long position near 69200-69100 but safe traders can wait for the best entry level down side near 69000-68900. It may find the support near 68440 and upside it may go till 69500-69700
MCX:ZINC1! MCX ZINC (26th FEB21) may move downside till the level 219 because in an hourly chart RSI(14) is showing divergence, which is a negative sentiment for the script. it's immediate resistance will be high's of the 16TH feb, which is 229.10 and below 227.30it may go sharply downside.
NICKEL ( 26 FEB) is moving in bullish trend from last few days. In an hourly chart RSI(14) is moving above the 60 which suggests a bullish strength we can initiate long position near 1349-1345 and it make take support of the 1341, upside it may bounce back till 1369. MCX:NICKEL1! Disclaimer: it's my view just for study purpose.
On an hourly time frame RSI(14) is moving above the level 60, which signifies a bullish sentiment. Similarly, near 216 it's 50 days SMA's levels, which will act as a strong support for the day. Aggressive traders can take long position at CMP 218.60 and conservative traders can wait till 217-216 for the best entry level. MCX:NATURALGAS1!