Technical View | Nifty may see more selling pressure if closes decisively below 19,200
The overall sentiment remains pessimistic, with the likelihood of any upward rallies being met with selling activity, said an expert
Source: moneycontrol.com
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Technical View | Nifty fails to sustain smart rally, likely to see further weakness in short term
A correction can drag the Nifty50 up to 19,200, whereas 19,400-19,500 range is expected to be an immediate resistance area, say experts
Source: moneycontrol.com
Technical View | Consolidation to continue till Nifty decisively breaks 19,250-19,400 range
The Option data indicated that the 19,400-19,600 is expected to be the critical resistance area on the higher side, with support at 19,300-19,000.
Source: moneycontrol.com
Technical View: Closing above 19,400 likely to be crucial for further rally in Nifty
The Option data indicated that 19,400-19,500 is expected to be key hurdle area for the Nifty on the higher side, with support at 19,200-19,000 levels.
Source: moneycontrol.com
Chart Check: CRISIL breaks out from a 1-year-old Cup and Handle pattern on weekly charts; time to buy?
The stock witnessed a corrective phase after it touched a high of Rs 3860 on 2 May 2022. The stock underwent a period of consolidation and found support above Rs 2700 in December before bouncing back.
Source: indiatimes.com