Though there is a Bearish Divergence on Weekly TF, but on Bigger TF, we can see breakout of Falling Wedge Targeting around 60. Strong Hidden Bullish Divergence is also observed. However, it should not break 35.50 on Shorter TF. Channel top is around 46 - 47.
Recently made a HL on Daily TF. However, Bullish Momentum will continue once the price will cross 52. 43 - 44 may act as an Immediate Support, & if it Sustained on Weekly basis, we may witness 50 again. But if 41 is broken, it may expose new lows around 36 - 37.
Bullish Engulfer on Daily TF; however needs to Struggle on Weekly basis. Tested 61.8% fib of Recent Rally. It should go & test 850 - 900 & once 901 is Crossed & Sustained, we may witness New Highs. If it breaks 575, further Selling Pressure would be seen then.
Today it Capped & later it Lower Locked. Picture will be more clear upon Weekly Closing.
Stock is Bullish on Monthly TF. However, 18 - 18.20 is a Strong Resistance Zone. & if this level is Crossed & Sustained, 21 - 21.50 is on the cards. Sustaining 22 with Good Volumes, will lead it towards 26 and then 36. Immediate Support Zone is around 14.10 - 15. However, it should not break 12.
Bullish Divergence on Monthly Basis. Falling Wedge Pattern on Weekly TF. Crossing & Sustaining 14.70 may lead it towards 18.30 - 19.50 initially. 11 is an Important Level that should not be broken.
Making HH HL on Daily TF; but 236 is Important to Sustain for Further Upside. 222 - 225 may act as an Immediate Support Zone. Though 206 is a key level that should not be broken. However, retesting of 193 - 195 levels is also possible in worst case. Upside Immediate Targets can be around 265 - 270.
Immediate Support seems to be around 92 - 93 which is also 38.20% fib level. In the worst case, 80 can be tested which seems bit difficult as of now because of other Bullish indicators. Resistance for now is around 99.50 - 100; crossing it will lead the price towards 110 - 111.
Though Still Bullish but there is a Bearish Divergence on Monthly as well as Weekly Time Frame; so one should stay Cautious. To remain Bullsih, it should Cross & Sustain 1190 - 1193. & if this level is Sustained, we may witness 1380 - 1400+. On the flip side, if 1000 is broken, we may see Trend Reversal.
Immediate Resistance is around 82 - 82.50 Crossing & Sustaining 83 may lead it towards 90 - 91. On the flip side, 77.50 & 74.50 are immediate Support levels. It should not break 69 in worst case; it may reverse the trend.
Bullish on All Time Frames. Strong Bullish Divergence on Weekly TF. However an Important Resistance is around 15.70 - 16. If Crossed & Sustained with Good Volumes, we may witness 18 - 19. Bearish Divergence on Daily TF may show some Selling pressure. In Simple Words: Stock is Good to Hold with Proper Stoploss (as per your own Risk appetite.) For Fresh Entry,...
Bullish on All Time Frames. Weekly Bullish Divergence playing well. Potential to touch 17 & then 19 - 19.50 However, little Resistance is around 15.50 Good Support is around 12.80 - 13.50
Bullish on Bigger Time frame. It may touch 312 - 320 on shorter time frame but needs to break & Sustain 378 - 380 to continue its Bullish Momentum & Targets can be around 500 - 510. 240 should not be broken as this would start a Bearish Trend.
Hidden Bullish Divergence on Daily TF. Potential to move upside around 250 - 270. However, breaking 185 will bring more selling pressure.
Weekly Breakout was Triggered around 370 - 375. Best Buying Opportunity would be if it comes to re-test the Breakout level. Immediate Supports can be around 410 - 412, 390 - 392 & then the Breakout Level (around 375). Immediate Targets can be around 520 - 525. However, 297 should not be broken.
38.30 can be an Immediate Support level. However, 35 - 37 is still an Important Support zone. On the flip side, 41 - 42 is the immediate Resistance. Ultimate Targets can be around 50. 30 should not be broken, otherwise we may witness Trend Reversal.
Beautiful Bullish Engulfer on Daily TF. 61.8% fib retracement done around 90.50 - 91 Stock is Still Bullish on Bigger Time Frames. If 96 is Sustained, we may easily wintess an upside around 103 - 105 initially.
In Shorter TF, Index should reverse from the level around 110100 - 111000. Important Support Levels: S1 108500 - 110392 S2 105825 - 107445 Important Resistance Level: 116700 - 117100 To continue the Bullish Momentum, Index needs to Break & Sustain 117100.