Selected stocks will see a bullish move in the stock market

- Chart Hint: Ashok Trivedi

The BSE Index (closed at 312.3 on 3.08.21) is pro-correction from a bottom of 7.5. At present, the average of 15 days is 2018.02 and 7.5 of 9 days as well as 7.5 of 200 days. Above 214, the probability is up to 2140, 215, 214, 20, 2120, 2110. Can fluctuate up to 20. Below 215 below 2030, 2030 is considered support.

Axis Bank (closing price of Rs. 4.5 to Rs. 6.05.21) is pro-improvement with a bottom of 4.5. At present, the average for 15 days is 4.5 and for 8 days it is 205.50 and for 200 days it is 8.31. Possibility of up to 5, 200, 5 above 50. Below are 3 support counts.

Bank of Baroda (closing price of Rs. 4.5 to Rs. 6.05.21) is pro-improvement from the bottom of 21.5. At present, the average of 15 days is 4.5 and the average of 9 days is 6.15 and the average of 500 days is 7.5. If 20, 5, 100 jumps above, the probability is up to 102.5, 114, 12, 120, 13. The bottom 20 counts as support.

Canara Bank (closing price of Rs. 151.50 on 6.05.21) is in favor of improvement from the bottom of 19.30. At present it is 12.5 for 15 days and 19.30 for 9 days and 13.5 for 200 days. If you jump 15, 18 above, chances are up to 16, 17, 206. The bottom 12 counts as the bottom 12 support.

Punjab National Bank (closing price of Rs. 4.5 on 3.08.21) is in favor of reforming from the bottom of 4.5. At present, the average for 15 days is 6.50 and for 8 days it is 4.5 and for 800 days it is 8.10. Possibility of up to 20, 5 above 4.5. Where profits can be sold. Possibility of up to 2.50, 6, 7, 8 above. Below are 3 support counts.

Reliance (closing price of Rs. 203.50 on 6.04.21) is pro-improvement from the bottom of 1905. At present, the average for 15 days is 120.11 and for 12 days it is 12.5 and for 200 days it is 13.5. Above 2100, up to 215, 215 possibilities. Below 205 below 202, 2009 is considered support.

Bank Nifty Futures (Closed 6.05 dated 6.06.21) from the bottom of 216 in favor of the correction. At present, the average of 15 days is 215.5 and the average of 3 days is 6.5 and the average of 200 days is 303.15. Above 50 above 50, 200, 20, 20, 20, 5000 possibilities. Below 2100, below 2000, 20, 200 are considered support.

Nifty Futures (closed at 12.00 on 3.04.21) is pro-correction from the bottom of 190. At present, the average for 15 days is 1208.50 and for 12 days it is 13.5 and for 200 days it is 13.5. Fluctuations can come up to 1500. Below 1210, below 18, 1918 is considered support.

Sayonara

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