NIFTY traveling on All time high and marking new high strongly on Monthly Time Frame. Watch out 20,000 level for breakout.
Price sustains above Rs. 650/- indicates bullish signal.
Trading above Rs. 600/- will lead to touch all time high. Watch out!
Trading within the range of Rs. 6,700 to Rs. 7,800 is a strong consolidation phase and it is good for accumulation when the price level took support at Rs. 6,700 to Rs. 6,800. Watch for a breakout on Rs. 7,800 on upper side for a good rally.
Rs. 277 is good support on monthly charts. Trading above this price is good for accumulation and watch out for breakout on price level Rs. 585/- for bullish signal (immediate previous high made)
DLF Breakout on Monthly Charts. Trading above Rs. 436/- is bullish and buy on dip is good strategy for long term.
Trading above Rs. 2313/- is signal for long and buy on dip is a good strategy for long term. Looking good & strong on daily time frame and All time high will be achievable in near term.
Infosys - Bullish Hammer on Monthly Chart at the price level Rs. 1326/-
Tata Power is in strong consolidation and watch for a breakout at Rs. 250 and is a strong resistance.
Trend Reversal is evidenced in weekly time frame with a raising selling volume. The stock may retraced at the level of 150 price range.