Sasi_K_Siddhan

Sasi_K_Siddhan Updated 

The chart provided is a daily candlestick chart for RELIANCE. Here are some key observations: Recent Uptrend: The price has shown a significant upward movement starting in early April 2025, culminating in a recent high. This aligns with the positive sentiment following the earnings report released on April 25, 2025. Bollinger Bands: The price has recently...

Sasi_K_Siddhan Updated 

The arrow in the image points to a potential upward movement of the NIFTY index after it bounced off a support level. To provide detailed resistance and support levels specifically for this indicated movement, we need to analyze the chart around that area. Based on the provided chart: Support: The most immediate support that facilitated the bounce is around the...

Sasi_K_Siddhan

Support: The chart indicates a support level at ₹24250 for 23/04/25. Resistance: The chart indicates a resistance level at ₹24500 for 23/04/25. Gap Up: There is a gap up visible on the chart around the ₹24270 level for 23/04/25. It's important to remember that these levels are based on the technical analysis presented in this specific chart. Market...

Sasi_K_Siddhan

Current Context: The last price shown on the chart is approximately 22,491.0. The 50-period Exponential Moving Average (EMA 50) is at 23,142.2. The Bollinger Bands (20, 2) show: Upper Band: 23,999.4 Middle Band (SMA 20): 23,084.9 Lower Band: 22,170.4 Projected Resistance Levels: Resistance 1: Located between approximately 23,767.5 and 24,000.0. This zone...