Index 59489 and Nifty Future 17640 key supports

-

- Chart Indication : Ashok Trivedi

The BSE index (close 59959.85 on 28-10-22) is bullish from a low of 56147.23. Currently, the 12-day average is 59756.83, 48-day average is 58312.82, and 200-day average is 56898.18. Daily and weekly MACD are bullish. Shows overbought positions on daily, weekly as well as monthly basis. 60134 above 60400, 60676 possible. 59739 below 59489 is considered support.

ACC (closing price Rs.2324.45 on 28-10-22) is in favor of correction from the bottom of 205.30. Currently 12 day average is 2286.58 and 48 day average is 2332.24 and 200 day average is 2236.05. Daily and weekly MACD are bearish. It shows neutral position on daily basis, oversold on weekly basis and neutral position on monthly basis. 2330 above and 2350 above 2386, 2427, 2458 possible. 2250 below 2292 is considered as support.

Adani Port (closing price Rs.820.30 on 28-10-22) is bullish from a low of 771.65. Currently, the 12 day average is 809.81, the 48 day average is 826.16 and the 200 day average is 778.34. Daily MACD is bearish. It shows neutral position on daily basis, oversold on weekly basis and neutral position on monthly basis. Above 826 above 835 then the possibility of 839, 852, 866. 799 supports below 812.

Bharat Forge (closing price Rs.831.50 on 28-10-22) is bullish from a bottom of 677.35. Currently, the 12-day average is 782.19, the 48-day average is 752.44, and the 200-day average is 714.21. Shows overbought positions on daily and weekly as well as monthly basis. 839 above 870, 900 possible. 794 is considered support below 806 in the low.

Punjab National Bank (closing price Rs.43.10 on 28-10-22) is in favor of correction from the bottom of 34.25. Currently 12 day average is 39.91 and 48 day is 37.30 as well as 200 day is 35.36 daily and weekly MACD is bullish. Shows overbought position on daily weekly as well as monthly basis. Above 44 above 47, if 50, 52, 55, 58 is possible. Possibility of 70, 97, 125 and 150 in long term. 40 support is considered as low. Tomorrow, Tuesday, November 2nd, the result is there, chaos will be seen.

Tata Steel (closing price Rs.101.60 on 28-10-22) is bullish from the bottom of 95. Currently, the 12-day average is 104.20 and the 48-day is 102.16, as well as the 200-day is 104.85. Daily and weekly MACD is in favor of correction. Overbought on daily basis, neutral position on weekly as well as monthly basis. If above 107 Kudave then 110, 113, 116 is possible. 98 support is considered as low.

Tata Power (closing price Rs.225.05 on 28-10-22) is bullish from a bottom of 210.25. Currently, the 12-day average is 220.41 and the 48-day average is 224.35 and the 200-day average is 219.27. The daily MACD is bullish. Weekly MACD is bearish. Overbought on daily basis, neutral position on weekly as well as monthly basis. Above 227 above 230, if possible up to 236, 242, 251. 220 support is considered as low.

Bank Nifty Future (close 41160.00 on 28-10-22) is bullish from a low of 37524.55. Currently, the 12-day average is 40390.01, the 48-day average is 39409.51, and the 200-day average is 37354.61. Daily and intra-weekly MACD are bullish. Shows overbought positions on daily, weekly as well as monthly basis. Upto 41660 possible. 41015 below 41700 support is considered as low.

Nifty future (close 17837.00 on 28-10-22) is bullish from a bottom of 16764.25. Currently 12 day average is 17493.13 and 48 day average is 17352.37 and 200 day average is 16970.96. Daily and weekly MACD are bearish. Shows overbought positions on daily, weekly and monthly basis. Possibility of 17887 above 17955, 18040, 18123. Below 17773, 17640 is considered support.

Sayonara

'Marys' have seen people suffering many times, even those who have no trouble in the world. - Illness.

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