Mavericktrader2020

Mavericktrader2020

Nifty 50 has broken a trend line support which was from March 2020 on 31 Aug 2020. It has tested the trend line resistance during the week. Also, it has formed bearish engulfing candle on weekly chart which adds to further weakness in Nifty 50. Further correction expected next week with strong support at 11090. Breaking of 11090 level would lead to sharp fall to...

Mavericktrader2020

Tata Motors in on a crucial level. It is trading in a triangular pattern and testing 100 days movng average. In next few sessions, it is expected to break out. Strong resistance is seen at 105 level. A breakout on higher side would target 110 and 120. Strong support is seen at 98.50 and 92 (50 day moving average).