


Price testing strong resistance of Moving Average and 38.2 FR. Target 1 - 3850 Target 2 - 3740 Stoploss - 4000
Price at 61.8% Fib level resistance which seems to be working in the on-going corrective move. Expect the price to initially fall in to 8650-8550 zone, where part profit booking could be done. Price could later on even go below 8300, but this may take another series to reach.
Price has shown strong recovery, but is at resistances for now with the Daily RSI also at Overbought. The up-side is likely to be very limited for now, might not cross 2200 this series, so one can consider selling 2200 CE June series.
Current price action looks similar to what happened in February 2018. Price is at previous interim peak resistance, so chances are there for a correction. Short for an initial target of 1100 and second target of 1070, stop loss day's high.
Stock at horizontal support zone. Buy with a stop of Day's low and a target of Rs.550.
Short for a target of 82, stop loss 96. Price behavior similar to what was observed in the 2015 fall.
Price at horizontal resistance zone, short for a target of 2400 with a stop loss of 2575.
Prices are at supports, a bounce (though a counter trend or a reversal) is likely. Initial test of 500-505 expected, stop loss 480.
Prices testing 61.8% FR, which has been acting as resistance in the on-going down-trend. Target 1 - 241 Target 2 - 234 Stop loss - 253
Stock seen at supports, should see a bounce from here to fill the gap area 2940-3035, stop loss 2800.
Nifty turning from previous highs and Gap area. The index should now fill the Gaps of 10525-10500, and 10400-10380. Stop loss 10650.