Stock market entering critical stage: Ta. 3 to 6 important turning

- Chart Hint: Ashok Trivedi

The BSE Index (Closed 6.3 on 20-08-21) is softening from a high of 70.30. At present, the average for 15 days is 6.5 and for 8 days it is 2110.00 and for 200 days it is 21.05. 6 to 7 days of turning days are counted. Above 210 above 2111, 215, 20 resistance levels are considered. Possibility of down to 31, 2018, 31402.

Cadillac (closing price of Rs. 3.10 on 30-08-21) is in favor of softening from the top of 6.15. At present, the average for 15 days is 202.5 and for 8 days it is 211.60 and for 200 days it is 90.8. Above 6 is considered 204, 204 resistance surface. Possibility of 5, 6, 21 below 50.

LIC Housing Finance (closing price of Rs. At present, the average for 15 days is 4.15 and the average for 9 days is 7.5 and the average for 200 days is 215.5. Above 20 above 30 is considered a resistance surface. If 203 breaks at the bottom, chances are up to 2, 3.

Maruti (closing price Rs. 3.30 on 30-08-21) is in favor of softening from the top of Rs. At present, the average of 15 days is 21.15 for 5 and 6 days and 206.5 for 200 days. Above 2130, 6 resistance levels are considered. If the bottom 6 breaks down to 3, 500 and 500, the probability is up to 215, 2, 3.

TVS Motor (closing price Rs. 2.30 dt. At present, the 12-day average is 4.5 and the 5-day average is 202.5 and the 200-day average is 7.5. If 3, 2 and 3 break below 2, the probability is up to 205.

Reliance (closing price of Rs. At present, the average of 15 days is 2060.6 and the average of 9 days is 206.5 and the average of 200 days is 2011.15. On which do not dwell in recession. If 2012 breaks below 2010, sales will see an increase.

Bank Nifty Futures (closed at 30.30 on 20-08-21) is softening from a high of 203.50. At present, the average for a 15-day period is 7.5 and a 21-day average is 21.5 and a 200-day average is 8.10. Don't stay in recession above 50, above 215. Possibility of 5, 210, 21, 5 over 215. Possibility of 205, 200, 2020, 210 below 50.

Nifty Futures (closed at 12.00 on 20-08-21) is prone to softening from the top of 120. At present, the 12-day average is 12.81 and the 9-day average is 12.5 and the 200-day average is 1,307.81. Possibility of 15, 1800, 19, 1910 below.

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