Expect HUL to try and cross the resistance of 2510. But i don't think it will be successful and we may see a fall in HUL. Should continue falling for the 24th and 25th. Imp levels mentioned on the chart. Sell below pivot only after HUL spends some time there.
We may see HUL fall for the next 2 days. Should fall up to 2462. It has not managed to cross the recent resistance.
We should see a move up in the BNF on 21st Apr. See a move of around 300 points. Should try and cross 42500. Don't trade till Banknifty crosses the Pivot level of 42250 and stays above it for some time. Imp levels mentioned on the chart.
The pivot levels for 21st Apr for the Nifty suggest that we may see a dip in the Nifty. Probably a consolidation move. May dip again up to 17600. Imp pivot levels mentioned on the chart. No trade suggested.
Reliance may fall on the 21st of Apr. It has been consolidating for some time and may fall up to 2335. Don't see any major dip here as the earnings will decide the next move. Imp pivot levels mentioned on the chart.
The stocks in the Banknifty are showing mixed signals. We may see some dip in the Banknifty on monday 24th Apr
The Nifty is still at 17600 levels and remains to be see where it will go. The logical trend shows down. But some stocks are still showing +ve trend. Let's see where the Nifty opens on 24th Apr.
We may see Banknifty fall further. Should fall up to 41800 at least. Opens up a new levels of lows for BNF. Should be interesting to see where the BNF goes further.
The RIL scrip is consolidating in the current range for some time. The market does not seem to be too confident in the performance of the scrip in the coming earnings call. I see RIL fall a bit on 21st Apr.
Nifty should move up on the 21st of Apr. How much , remains to be seen. As it is still defending the 17600 level. If anything, we may see the Nifty try and touch 17740 on 21st Apr.
Banknifty - All composite stocks are still showing long. We may see a big move coming. I think it's up wards. We may see the Banknifty move up Up to 42600 at least.
The stocks likely to move the most on 21st Apr are in Bold. The movement may be in any direction. Suggest that you analyze these stocks throughly before making any trades.
We should see the Nifty fall on the 20th of Apr. Should fall up to 17500. Imp levels mentioned on the chart.
The constituent stocks in the BNF are mostly showing long. But anything can happen in one night. Let's see what happens
We should see ICICI bank fall if it crosses below 893. The pivot is at 894 but any time spent below 893, we should see a steep fall. Imp levels mentioned on the chart
We should see ICICI bank fall if it crosses below 893 and stays below it. ICICI Bank looking weak. 893 is a strong support and may cause a big fall in ICICI Bank if broken
We should see Kotak Bank fall on the 20th Apr. I see Kotak Bank falling up to 1870 at least. On 20th Apr, we may see Kotak bank fall upto 1880 / 1875. Imp levels mentioned on the chart.
We may see the Banknifty fall on 20th Apr. Should fall upto 41760. The Index does not look strong at all.