a Very Important Support is around 113 - 113.50 Channel top is around 124 - 125 But before that 119 - 120 is also a Resistance point. Trade can be taken with a Stoploss of 112.50 Risky players may trade with a Stoploss of Today's Low (around 116.50) However, monthly closing above 113.20 would be a positive sign.
Closed at 26.40 (24-10-24) Continuously in Down Trend.
Morning Star Formation on Weekly basis. Bullish Divergence on Daily TF. If 56.50 is Sustained on Monthly Basis, we may witness 59 - 60. On the flip side, 51 is an Important level that should not be broken otherwise, Bearish Flag Pattern may play targeting around 44 - 45.
Downtrend followed by Inverted Hammer. Bullish Divergence on Daily TF. However, few Bullish Hourly Candles may confirm the Buyers' Interest at this level. 46.50 is Important to Cross & Sustain for the Trend Reversal.
Bullish on Daily TF. Immediate Support seems to be around 67. However, if this level is broken, next Support levels are 61.30 - 63.50. Immediate Resistance seems to be around 70 - 71
Though Bullish on Monthly TF, but Weekly closing is important; above 41 is a positive trigger. Still, 45 needs to be crossed for a Bullish momentum. However, Bearish ABCD pattern also seems in play; targeting around 23 - 24.
Monthly Closing above 34 would be a positive sign. But if 34 is broken, next support seems to be around 28 - 29
Immediate Support seems to be around 25.70 - 26; double bottom but that needs some confirmation. If this Support is broken, next support seems to be around 24 which is also a bearish flag pattern target. On the flip side, Resistance area is around 27.80 - 28.50
Buying on Dips is recommended. Trade levels are mentioned on the chart. Trade wisely.
Beautifully taking Support from Monthly Trendline. However, H&S Pattern is also formed on Weekly TF; which is actually a reversal pattern. But there is a Double Bullish Divergence on Daily TF which is actually a Positive Trigger.
But Not Yet Bullish on Bigger TF. Crossing & Sustaining 31.50 may lead it towards 35 - 37. However 45 - 47 is an Important Resistance Zone.
Cup & Handle formation is there with intial resistance around 43.50 Crossing & Sustaining 43.50 may lead it towards 50 - 51 and then 60+
Seem to have a potential to touch 230-240 once. dips can be considered as a buying opportunity. however, should not break 158 - 159.
as mentioned in last analysis, 67.70 was an Important Resistance. Now, 70.70 is Important Level to Sustain, next targets can be around 84. Buy on Dips can be a Good Strategy. However, for a Handsome Gain, wait for 84.20 to sustain; Targets can be around 125 - 128. Stoploss in this case should be below 59.
It is important to Sustain 955 for now, if it is sustained, we may witness its immediate resistance around 1020 - 1050. Next Support seems to be around 830 - 850 & then around 800 - 803.
159 - 161 is an Important Support Zone that should be respected. Its actually a Golden Pocket area & if GAL takes Support from this zone, this would be a Good come back towards 199 then 235 - 239.
23.20 - 24 is a Confluence Support Zone. Immediate Resistance is 26 - 26.50 Crossing & Sustaining 26.50 may lead it towards 30.
284 - 285 is a Very Strong Support; and it should bounce from this level. Entry can be taken around this level BUT ONLY IF 285 IS SUSTAINED.