- Chart signal Ashok Trivedi
The BSE Index (Closed at 3160.05 on 17-08-21) is in favor of a correction of the bottom of 2.01. At present, the average for 15 days is 4.15 and the average for 9 days is 318.05 and the average for 200 days is 206.5. Above 21, up to 215, 20, 215, 210, 20, 214, 200 possibilities. The bottom counts as 20, 30, 210 support.
Axis Bank (closing price Rs. 31.15 on 19-03-21) is pro-improvement from the bottom of 20.50. At present the average for 15 days is 30.01 and for 21 days it is 21.5 as well as for 200 days it is 4.5. Possibility of up to 4, 5, 610, 20 above. Below 50 counts as 3 support.
Colgate (closing price Rs. 12.50 dt. 17-09-21) is pro-improvement from the bottom of 19.10. At present, the average for 15 days is 1913.9 and the average for 9 days is 12.5 and the average for 200 days is 12.5. If 12 jumps above 12 and 12 above, then the possibility up to 1917, 18, 19. The bottom 150 counts as support.
HDFC (closing price of Rs. 2.30 on 19-03-21) has improved from the top of 8.30. At present, the average for 15 days is 314.5 and the average for 3 days is 206.5 and the average for 200 days is 21.5. Possibility of up to 4, 500, 5 above. Below 500 counts as support below 500.
L&T Finance (closing price of Rs. 3.30 on 19-03-21) is pro-improvement from the bottom of 31.30. At present, the average for 15 days is 6.31 and for 8 days it is 4.5 and for 200 days it is 8.05. If you jump 101 and 101 on the top 8, chances are up to 105, 108, 105, 115. Support 2 counts.
HDFC Bank (Closed Price Rs. 15.5 dated 17-08-21) is in favor of the bottom of the 15th correction. At present, the average for 15 days is 1208.5 and for 12 days it is 12.5 and for 200 days it is 1408.5. Possibility up to 12, 12, 120 above 12. The bottom 12 counts as 121 support.
Kotak Bank (closing price of Rs. 12.50 on 19-03-21) is in favor of the bottom of the 14.5. At present, the average for 15 days is 120.6 and the average for 9 days is 16.05 and the average for 200 days is 17.15. Possibility up to 12, 1911, 18 above. 150 below 150 counts as support.
Bank Nifty Futures (closed at 9.00 on 19-03-21) is pro-correction from the bottom of 20. The current 15-day average is 210.8, the 9-day average is 8.5 and the 200-day average is 4,060.5. Possibility of up to 200, 50, 210, 50 above 205. Below 20, 2 counts as support.
Nifty Futures (Closed 12.5 on 17-09-21) is in favor of a bottom of 151.05. At present, the average for 15 days is 1913.50 and for 12 days it is 18.31 and for 200 days it is 13.5. Possibility of 120 up to 12050, 1914, 1910, 1500. Understand weakness below 120 below 120, 120, 1910.
Sayonara
I will endure, I will not tolerate you,
Turn the page where my story comes from. - 'Kamil' Vatva
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