Nifty 50 –

Nifty spot hourly chart,  Nifty is trading in the range following yesterdays levels perfectly. Currently, Nifty spot is closed above immediate support of 10625 level. Next Nifty support is 10530 and 10330 after 10530. Nifty resistance is near 10690 and after that next resistance is 10775. Nifty has a supply zone is 10804 – 10775.

Bharat Financial Inclusion Ltd –

Bharat Financial Inclusion Ltd hourly chart, the stock is in the downtrend.  On 28 of Jan, the stock has broken strong support of 937. Now this zone is acting as resistance. The stock has formed an Inside bar pattern near resistance line. Breakout of inside bar pattern will decide next move.

Dabur India Ltd –

Dabur India Ltd hourly chart, the stock is trading in the uptrend from last two trading session. The stock has formed an Inside bar pattern near the resistance line. Dabur has the number of resistance. So it will be difficult to break all resistance and rally. Inside bar pattern breakout will decide the next move.

Havells India Ltd –

Havells India Ltd hourly chart, the stock is trading in the range. The stock has formed Inside Bar Pattern near resistance. The breakout of the Inside Bar pattern will decide the next move of the stock. The stock is also trading

Mahindra & Mahindra Ltd –

Mahindra & Mahindra Ltd hourly chart, the stock was trading in the downtrend before going into a consolidation phase. Now the stock in forming rounding bottom type formation. It has also formed inside bar pattern in last hours of trading. If stock trade above 680 and maintain the level for some time it will give a good rally.

Disclaimer –

The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.




Leave a Reply

Your email address will not be published. Required fields are marked *