Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia
Download Telegram App before Joining the Channel
Dip below the immediate hindrance of 45700 could squeeze down prices lower. Else hold the same for an intraday buying to 46070 followed by 46340 region.
Inability to challenge above the EMA level of 43500 could bid a long liquidation pressure to 42200 then to 41800. Major buying could see only above 43500.
Present recovery move likely to uphold in the coming session towards the Bollinger upper band level of 1170 then to 1260.Conversely, intraday weakness could see only below 1030.
Prices possibly to trade higher in the coming session towards the bollinger upper band level of 150.80 then to 153. A direct fall below 145 may dent our buying expectation.
Intraday move largely to be southbound with an immediate objective of 404 then to SMA level of 401.In the bearish note, unexpected rise above 410 could push prices higher.
As long as prices stay below the hindrance of 946 could expect weakness to 924 firstly then to moving average support of 919 region. Price recovery could see only above 946.
Prices possibly to float in the prices range of 154.50-151. A firm move need to develop, which breaks either side of the mentioned region could set the direction.
As long as prices stay below the SMA level of 134.50 could extend weakness. But decisive trades above the 134.50 could lift prices higher to 135.40 then to SMA level of 138.
Witnessing selling bias may strengthen in the coming session towards the downside objective of 131.40 then to sloping trend channel support level of 130.80 region. Intraday price recovery could see only above the hourly EMA level of 133 region.
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