Index 51717 and Nifty Future 15594 important support

- Chart Hint: Ashok Trivedi

The BSE Index (Closed 3.2 on 11-08-21) is in favor of a bottom of 7.5. At present the average of 15 days is 314.5 and the average of 9 days is 2060.01 and the average of 200 days is 6.5. The daily MACD is pro-reform. The weekly MACD is pro-softening. Shows the position of overboat on daily and weekly basis as well as overboat on monthly basis. Possibility of up to 20, 2120, 210 on the top 6. Understand the weaknesses below 2120, 2120, 21600, 21413. It is advisable to be careful in new loans.

Axis Bank (closing price of Rs. 4.5 on 11-08-21) is in favor of softening from the top of 8.50. At present, the average for 15 days is 20.81 and for 8 days it is 313.5 and for 200 days it is 21.5. The daily MACD is pro-reform. The weekly MACD is pro-softening. Overbought on a daily basis overbought on a weekly basis as well as overbought to neutral on a monthly basis. Above 6 counts as resistance surface. Below 30, below 20, 2 is considered important surface.

Bajaj Auto (closing price Rs. 219.50 on 11-08-21) is in favor of softening from the top of Rs. At present, the average for 15 days is 202.5 and the average for 9 days is 9.15 and the average for 200 days is 6.15. The daily MACD is pro-softening. The weekly MACD is pro-reform. Shows position towards oversold on daily basis, overboat on weekly basis as well as overboat on monthly basis. Above 500 above 3 counts are counted as resistance surface. Possibility of 315 down to 314, 206, 2009 down.

Bank of Baroda (closing price of Rs. 4.5 on 11-08-21) is pro-improvement from the bottom of 21.5. At present, the average for 15 days is 21.5 and the average for 9 days is 4.5 and the average for 200 days is 8.30. Daily and weekly MACD is pro-correction. Shows a neutral position on a daily basis, an overboat on a weekly basis as well as a neutral position from an overboat on a monthly basis. Above ૮૮ Ufar 2, 100 is considered an important surface. The bottom 20 counts as support. If it breaks, it is considered as support.

Hindustan Unilever (closing price of Rs. 3.30 on 11-08-21) is in favor of improvement from the bottom of 216.5. 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. The daily MACD is pro-reform. The weekly MACD is pro-softening. Shows neutral position on daily basis, oversold on weekly basis, as well as neutral position on monthly basis. Above 200, 216, 2, 3 are considered important surfaces.

L&T Finance (closing price of Rs. 4.5 on 11-08-21) has improved from the bottom of 4.5. At present, the 15-day average is 4.5 and the 9-day average is 2.8 and the 200-day average is 3.71. The daily MACD is pro-reform. The weekly MACD is pro-softening. Shows positions from overboat to neutral on a daily basis, overboat on a weekly basis as well as oversold on a monthly basis. Above 100, there are 108, 108, 114 important surfaces. The following is considered support.

Reliance (closing price of Rs. 219.15 on 11-08-21) is pro-improvement from the bottom of 19.30. At present, the average for 15 days is 3191.5 and for 8 days it is 206.5 and for 200 days it is 12.5. Daily and weekly MACD is pro-correction. Shows positions from overboat to neutral on a daily basis, overboat on a weekly basis as well as overboat on a monthly basis. If 4 jumps above 20, then 20, 2, 30, 5 are considered important surfaces. Below 2140 counts below 2140 support.

Bank Nifty Futures (closed at Rs. 313.00 on 11-08-21) is prone to softening from the top of 50. At present the average for 15 days is 312.5 and for 8 days it is 315.15 and for 200 days it is 31113.10. Understand the final resistance level of 20 if you jump 20 above 5. Below 2 is considered as 20, 5, 2140 support. It is imperative to stay away from recessionary trade.

Nifty futures (closed at Rs. 12.15 on 11-09-21) are pro-improvement from the bottom of 120. At present, the average for 15 days is 12.5 and the average for 5 days is 12131.18 and the average for 200 days is 16.15. The daily MACD is pro-reform. The weekly MACD is pro-softening. Shows overboat positions on a daily, weekly as well as monthly basis. Above 12 is considered as 120 important surfaces. If it jumps, the probability is up to 120, 13020, 19130, 1910, 1800. Understand the weakness below 1200, 12 below.

Sayonara

The path of hidden love remained for the whole age, the name of the destination did not even reach the leader - the patient