Nifty:
The stock touched the middle bollinger band at 5720, which could be a minor support. 5700 is the major support. Stock will stay above 5700. There could be resistance around 5780. As this is a bullish trend the prediction will only be for the support. Stock might not have a strong rally like 13th Aug.
TCS:
There was a low at 1805, high at 1828, followed by low at 1818 and then high at 1841. So 23 points up, 10 down,23 up. Expect a low at 1830. The trend should be bullish in the day.1860 is still a hard wall.
ITC:
Suport is formed at 332. The stock should come down to maybe 332 levels and continue a rally.
CIPLA:
If 420 is held then stock will take one more day before a rally upwards. There is strong resistance at 416 level. The current level should be considered as low volatility towards the low. Expect a good morning followed by a slumber mid day.
BHARTI:
The volatility has increased with bigger movements towards lows. There might be a low forming here at 340 level. Volatility should reduce to signal a low. Expect less than 10 points of movement and a minor support at 341. It might be broken but stock will stay above 338 and below 347.
The stock touched the middle bollinger band at 5720, which could be a minor support. 5700 is the major support. Stock will stay above 5700. There could be resistance around 5780. As this is a bullish trend the prediction will only be for the support. Stock might not have a strong rally like 13th Aug.
TCS:
There was a low at 1805, high at 1828, followed by low at 1818 and then high at 1841. So 23 points up, 10 down,23 up. Expect a low at 1830. The trend should be bullish in the day.1860 is still a hard wall.
ITC:
Suport is formed at 332. The stock should come down to maybe 332 levels and continue a rally.
CIPLA:
If 420 is held then stock will take one more day before a rally upwards. There is strong resistance at 416 level. The current level should be considered as low volatility towards the low. Expect a good morning followed by a slumber mid day.
BHARTI:
The volatility has increased with bigger movements towards lows. There might be a low forming here at 340 level. Volatility should reduce to signal a low. Expect less than 10 points of movement and a minor support at 341. It might be broken but stock will stay above 338 and below 347.
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