Index 56910 and Nifty Future 17010 important support

-

- Chart signal Ashok Trivedi

The BSE Index (closed at 8.30 am on 3-08-2) is in favor of a reactionary correction from the bottom of 20.8. At present, the average for 15 days is 6.5 and for 5 days it is 314.5 and for 200 days it is 303.5. 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 and Overboat to Neutral on a monthly basis. Above 6 is considered 518 important surfaces. If the bottom 510 breaks down to 2, the possibility of up to 200, 50, 50, 2050, 50, caution is required in the new loan.

Biocon (closing price of Rs. 2.50 on 3-08-2) is in favor of reactionary correction from the bottom of 213.10. At present, the average for 15 days is 4.5 and for 8 days it is 4.5 and for 200 days it is 8.50. Daily and weekly MACDs are soft. Overbought on a daily basis, oversold on a weekly basis and oversold on a monthly basis. The following is considered support.

B Soft (closing price Rs. 2.30 dt. 3-06-9) is in favor of reactionary reformation from the bottom of Rs. At present, the average for 15 days is 4.5 and the average for 9 days is 6.15 and the average for 200 days is 6.15. The daily MACD is pro-Dhudhara. The weekly MACD is pro-softening. Shows the position of Overboat on daily basis, Overboat on weekly basis and Oversold on monthly basis. If you jump 3 above, chances are up to 5, 303. The bottom 2 counts as support.

ITC (Closed Price Rs. 4.5 dt. 3-06-9) is in favor of improvement from the bottom of 203. At present the average for 15 days is 31.8 and the average for 9 days is 6.15 and the average for 200 days is 215.15. Daily and weekly MACD is pro-correction. Shows overbought on daily and weekly basis as well as neutral position on monthly basis. Above 60 and 70 are considered important surfaces. The following is considered support.

The Mind Tree (closing price of Rs. 31.8, 5-08-2) is in favor of reactionary correction from the bottom of 8.10. At present the average for 15 days is 206.5 and for 20 days it is 202.5 and for 200 days it is 8.41. 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 oversold on monthly basis. Possibility of up to 5, up to 5, 20. Below 200, below 2030 is considered support.

NTPC (Closed at Rs. 15.5 dated 3-06-2) is in favor of reactionary correction from the bottom of 12.5. At present, the 12-day average is 12.8 and the 9-day average is 12.5 and the 200-day average is 17.05. The daily MACD is pro-correction. The weekly MACD is pro-softening. Shows position towards overboat on daily, weekly as well as monthly basis. Above 120 and 12 are considered important surfaces. The bottom is considered to be 181 support.

Reliance (closing price of Rs. 3.3 dated 3-06-9) is in favor of reactionary improvement from the bottom of 2150. At present, the average for 15 days is 6.5 and for 8 days it is 202.5 and for 200 days it is 8.05. Daily and weekly MACD is pro-correction. Shows overbought on daily and weekly basis as well as neutral position on monthly basis. Above 216, 6, 20, 214, 21 are considered important surfaces. The bottom 20 counts as support.

Bank Nifty Futures (Closed 8.30 dated 6-08-2) is in favor of reactionary correction from the bottom of 31.8. At present, the average for 15 days is 4.5 and for 8 days it is 206.5 and for 200 days it is 3112.5. The daily MACD is pro-reform. Weekly MACD is pro-softening. Overbought to Neutral on a daily basis, Neutral on a weekly basis and Overbought to Neutral on a monthly basis. Above 6, 2, 3 are considered important surfaces. Possibility of down to 617, 20, 2140, 203 below.

Nifty Futures (Closed 1913.8 on 3-04-2) is in favor of reactionary correction from the bottom of 14.5. At present the average for 15 days is 19010.8 and for 120 days it is 120.06 and for 120 days it is 120.05. The daily MACD is pro-reform. The weekly MACD is pro-softening. Overbought on a daily basis from neutral to overbought on a weekly basis, as well as overbought neutral positions on a monthly basis. Above 12 above 120, 12 are considered important surfaces. If 12 breaks below 12010, the probability is up to 12, 12, 120.

Sayonara

The door looks stale, the whole house is locked. - Bharat Vinzuda

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more