Stock market entering decisive stage 21 to 24 important

- Chart signal - Ashok Trivedi

The BSE Index (closed at 7.5 on 17-08-21) is softening from a high of 7.31. At present, the average for 15 days is 3160.50 and for 8 days it is 206.5 and for 200 days it is 8.11. Above 6, 20 is considered an important resistance surface. If 21601 breaks below, the probability is up to 2120, 21120, 2030, 206, 202040, 2060.

Aurobindo Pharma (closing price Rs. 6.3 dated 17-08-21) is in favor of softening from the top of 105.50. At present, the 15-day average is 4.15 and the 9-day average is 4.5 and the 200-day average is 7.5. Possibility of 20, 215, 5 below 4.

Bajaj Auto (closing price of Rs. 212.10 on 19-03-21) is in favor of the softness of the top of. At present, the average for 15 days is 313.8 and for 5 days it is 2031.5 and for 200 days it is 315.30. Above 204 is considered as resistance level. Possibility of down to 2020, up to 2010, 50.

Bharti Airtel (closing price Rs. 6.3 dt. 17-08-21) is in favor of softening from the top of. 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. Above 20 are considered important resistance surfaces. Below 212 is considered as 5 important support. Below which will be seen growing sales.

BHEL (closing price of Rs. 6.9 dt. 17-09-21) is in favor of softening from the top of 7.5. At present, the average for 15 days is 20.8 and the average for 9 days is 8.31 and the average for 200 days is 4.5. Above 6 are considered important resistance surfaces. Below 4, below 21 and 2 are considered important surfaces.

Hindalco (closing price of Rs. 31.5 on 16-09-21) is in favor of softening from the top of 8.50. At present, the average for a 15-day period is 6.50 and a 4.5 for a 9-day period and a 2.18 for a 200-day period. Above 6 is considered 21 resistance surface. Possibility of 5, 20, 6, 7 below.

State Bank (closing price of Rs. 219.50 on 16-09-21) is in favor of softening from the top of 21.5. At present, the average of 15 days is 4.5 and the average of 3 days is 4.5 and the average of 200 days is 7.5. Possibility of 203, 4, 5 at the bottom.

Bank Nifty Futures (Closed at 303.5 on 17-08-21) is prone to softening from a high of 70.30. At present, the average for 15 days is 202.5 and the average for 9 days is 318.05 and the average for 200 days is 31310.5. Above 2030, above 200 is considered an important resistance surface. Don't stay in recession. Below 50 below 2110, 2 breaks up to 200, 50, 50 chances.

Nifty Futures (closed at 12.30 dt. 17-08-21) is pro-softening from the peak of 1908. At present, the average for 15 days is 1201.9 and the average for 9 days is 12.5 and the average for 200 days is 12.5. Above 12 is considered as 1200, 1908 resistance surface. If the bottom 12 closes below 120, 12 as well as below 12, 120, 120, 19130, 1905 are possible.

Sayonara

Even if it is supported by someone, it will work now, it will work a lot, it is a great love. - Kiran Singh Chauhan