65547 of the index and 19718 of the Nifty future are important supports
- Chart Indication - Ashok Trivedi
The BSE index (close 65070.04 on 24-11-23) is bullish from a low of 63092.98. Currently, the 12-day average is 65559.75, the 48-day average is 65364.84, and the 200-day average is 63699.34. Above 66235, 66358 then 66570, 66880, 66910, 67250, 67590, 67927 are possible. A low of 65547, down to 64853, 64535 is possible. The effect of the results of assembly elections will also be visible.
Aarti Industries (closing price Rs.531.45 on 24-11-23) is bullish from a bottom of 438. Currently, the 12-day average is 515.51, the 48-day average is 495.73, and the 200-day average is 519.54. 535 above 545 and 570 in Ur, 581, 616, 656 possible. A close of 535 points on a monthly basis will go into a long-term bullish trend. Below 520 below 515 is considered support.
Indiabull Real (closing price Rs.81.90 on 24-11-23) is in favor of correction from the bottom of 69. Currently, the 12-day average is 80.86, the 48-day average is 78.33, and the 200-day average is 73.46. Possibility of 94.50, 102, 111, 120, 130 above 88 above. 78 support is considered as low. A block deal of crores of rupees has been done last Thursday at a price of around 85. No problem if you understand that no one buys a large number of shares to earn fifteen to twenty rupees.
IEX (closing price Rs.142.05 on 24-11-23) is bullish from a bottom of 121.35. Currently, the 12-day average is 137.72, the 48-day average is 133.00, and the 200-day average is 137.10. Above 152 may fluctuate up to 165, 177, 190, 201, 212. Below 140, 137 is considered support.
Jubilant Fruit (closing price Rs.544.85 on 24-11-23) is bullish from a bottom of 491.25. Currently, the 12-day average is 521.17, the 48-day average is 517.61, and the 200-day average is 507.55. Above 546 above 560 is considered an important level. 521 below 527, 517 is considered support.
Reliance (closing price Rs.2393.90 on 24-11-23) is in favor of correction from the bottom of 2220.30. Currently, the 12-day average is 2356.07, the 48-day average is 2349.77, and the 200-day average is 2328.99. Above 2400 above 2418, 2460, 2500 possible. Below 2388, 2372, 2355 is considered support.
SBI Life (closing price Rs.1409.70 on 24-11-23)
From the bottom of 1325 is in favor of reform. Currently 12 day average is 1384.48 and 48 day average is 1343.51 as well as 200 day average is 1276.59 above 1425 and 1439 is possible up to 1443, 1461, 1478, 1496. Below 1400, 1385 is considered as support.
Bank Nifty Future (close 43795.00 on 24-11-23) is bullish from the bottom of 42067. Currently 12 day average is 43801.71 and 48 day average is 44031.32 as well as 200 day average is 43417.19. Above 43900, 44553 then possibility of 44585, 44660. 43375, 43355, sense weakness below. After that 43000 support is counted.
Nifty future (close 19825.00 on 24-11-23) is bullish from the bottom of 18840.55. Currently, the 12 day average is 19705.34, 48 day average is 19573.57 and 200 day average is 19691.96. Above 19222, 19934 then possibility up to 19950, 2060, 20170, 20270. Perceived weakness below 19755, 19718. Below which possibility up to 19570, 19535, 19375.
Sayonara
Medicine will not work even for the living now, the immortal is just now sleeping after the separation of life. - 'Immortal' Palanpuri.
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