Fluctuations in stocks will continue to improve

- Chart Hint: Ashok Trivedi

The BSE Index (closed at 2060.3 as on 31.03.21) is pro-correction from the bottom of 7.5. The current 15-day average is 21.8 and the 9-day average is 214.5 and the 200-day average is 7.5. Above 2051, up to 2060, 211150, 2120, 2120, 214, 215, 20, 2120, 210. Below 30,120 counts as 20, 30, 3 support. Fluctuations in the market are considered good.

Bharat Electronics (closing price Rs. 12.50 on 31.09.21) is in favor of the bottom of the 114.5. At present, the average for 15 days is 13.50 and for 13 days it is 17.15 and for 200 days it is 114.5. Up to 150, 16, 17, 18 possibilities. The bottom 12 counts as the bottom 12 support.

India Bulls Housing Finance (closing price of Rs. 319.50 on 31.03.21) is pro-improvement from the bottom of 19.15. At present, the average for 15 days is 12.5 and the average for 9 days is 16.15 and the average for 200 days is 205.05. If 21, 2 and 3 jumps above 215, chances are up to 2, 3, 4, 21. Below are 12 support counts.

L&T Finance (closing price of Rs. 31.00 dated 31.03.21) is pro-improvement from the bottom of 4.5. At present, the average for 15 days is 4.5 and the average for 9 days is 21.5 and the average for 200 days is 6.15. If you move above 7, 100.50, 104, 114.50 are considered important surfaces. The following is considered support.

Mahendra & Mahendra (closing price of Rs. 313.5 dated 31.05.21) is pro-improvement from the bottom of 31.10. At present, the average for a 15-day period is 4.5, for an 8-day period it is 2.15 and for a 200-day period it is 4.5. Possibility of up to 21 Ufar 2, 3, 4, 5 above. Below 500 counts as support below 500.

Punjab National Bank (closing price of Rs. 4.05 to Rs. At present, the 15-day average is 6.5 and the 9-day average is 4.5 and the 200-day average is 7.5. Above 2.30 can come up to 6. There is a demand of 30 to 5 above 4. The bottom is considered to be 4.5, 7.5 support. The stock has been hovering low for over a year. Panic but don't sell, regret it.

Bank Nifty Futures (closed at 30.00 on 31.03.21) is pro-correction from the bottom of 215. At present, the average for 15 days is 401.5 and the average for 5 days is 215.5 and the average for 200 days is 2060.11. Below 2100 counts as 20, 2 support.

Nifty Futures (closed at 12.00 on 31.03.21) is pro-correction from the bottom of 190. At present, the average for 15 days is 12.5 and for 12 days it is 12.5 and for 200 days it is 120.5. Possibility up to 1210, 1200, 120, if you jump above 120, 12, 120, 12. The bottom is considered to be 15100, the bottom is considered to be 12050, 15000, 1911 support.

Sayonara

So I am a bubble in the hands of time, then I am in my bath to take the world upright - Ramesh Parekh