Friday, 31 March 2017

Nifty support and resistance ( 3rd April to 7th April 2017)




Closed  @ 9173

EMA 10  @ 9113
EMA 20 @ 9056
EMA 50 @ 8871

Resistances: 9188,9241,9494
Supports:  9110,9018,8951,8806

Banknifty support and resistance ( 3rd April to 7th April 2017)




Closed  @ 21444

EMA 10  @ 21232
EMA 20 @ 21036
EMA 50 @ 20472

Resistances: 21700,22000,22400
Supports:  21296,21079,20861,20824,20593

Bank of India Technical analysis

Bank of India Making its Higher top higher bottom pattern and given the fresh breakout and also made bear reversal pattern on weekly chart, it can move upside gradually and in next 7-8 months overall target is Rs 310. In between stock will give stoppage/minor
correction near around rs 165, rs 221 and may give opportunity to make mid term entry. As volume is rising on continuous weekly basis.
Overall looking bullish and investor may enter in the stock for good returns.
This is for my personal education purpose not for trading.

Friday, 24 March 2017

Nifty support and resistance (27th March to 31st March 2017)


Closed  @ 9108

EMA 10  @ 9069
EMA 20 @ 9005
EMA 50 @ 8813

Resistances: 9122,9188,9241,9494
Supports:  9018,8951,8806

Bank Nifty support and resistance (27th March to 31st March 2017)

Closed  @ 21122

EMA 10  @ 20969
EMA 20 @ 20823
EMA 50 @ 20275

Resistances: 21263,21342,21661
Supports:  20824,20593,20450

Friday, 17 March 2017

Nifty weekly prediction (20th March to 24th March 2017)

Closed  @ 9160

EMA 10  @ 9032
EMA 20 @ 8948
EMA 50 @ 8751

Resistances: 9241,9494
Supports:  9150,9112,9041,8970

Bank Nifty weekly prediction (20th March to 24th March 2017)

Closed  @ 21175

EMA 10  @ 20942
EMA 20 @ 20718
EMA 50 @ 20118

Resistances: 21342,21661
Supports:  21019,20806,20509

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