Nifty
Nifty closed positive as expected in my last week post : View on Nifty
Nifty have closed above at the level of 5945 which was 61.8% retracement.
If market sustains above 5945 level then next tgt for nifty would be 6010-20 levels.
There was a lack of volume this week in market so sustenance of this rally is questionable.
Expecting side was movement this week.
Wipro
Wipro have reached at the resistance level of upper trendline.
Reversal can be expected from this upper level and downside can be seen in stock this week.
CMP : 445 Tgt 439-428-420.
Ambuja Cement
Looking negative with aascending trenldine broken.
NTPC
Looks Positive.
Taking support at 78.6% retracement level.
Nifty have closed above at the level of 5945 which was 61.8% retracement.
If market sustains above 5945 level then next tgt for nifty would be 6010-20 levels.
There was a lack of volume this week in market so sustenance of this rally is questionable.
Expecting side was movement this week.
Wipro
Wipro have reached at the resistance level of upper trendline.
Reversal can be expected from this upper level and downside can be seen in stock this week.
CMP : 445 Tgt 439-428-420.
Ambuja Cement
Looking negative with aascending trenldine broken.
NTPC
Looks Positive.
Taking support at 78.6% retracement level.
No comments:
Post a Comment