Present buying sentiments may possibly to continue in the coming session towards the upside objective of 46940 then to 47190. But slippage below 46530 may push prices lower.
Ensuing buying sentiments likely to continue in the coming session towards the upside objective or 46250 then to 47000 region. But a steep fall below 45100 may dent our intraday buying expectation.
Present recovery move may persist towards upside objective of 2180 then to 2250. But fall past below the Bollinger level of 2035 in hourly chart may trigger a short covering move.
Present recovery move likely to he upheld in the coming session towards the upside objective of 132.90 then to EMA level of 137.10 region. On the flipside, fall past below 126.40 may grab prices lower.
Intraday move is expected to be downside with an immediate objective of 398.50 region followed by 395. Intraday price recovery may be seen only above 405.70 region.
Present feebleness of prices likely to continue in the coming session towards 900 then to 886 region. A direct rise above 920 could lift prices higher.
Break above the hindrance of 155.30 could lift prices higher to the upside objective of 156 then to Bollinger upper band level of 157.10 region. Else hold the same for a corrective move towards the 151.90.
As long as prices trade below the SMA level of 132.30 could extend weakness towards the downside objective of 129.30 firstly then to 128 region. A major price recovery could see only above 132.30 region.
Broad selling still intact and possibly to continue in the coming session towards the immediate objective of 129.30 followed by 128.50 region. Although, decisive trades above the internal trend line resistance of 130.70 could lift prices higher.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer