Archive Daily Archives: February 5, 2019

The ‘ACC’ Stock Trend

The stock was already showing the sign for reversal when it was at it's lower levels in Jan last but was ignored by me due to Budget event.

The 'ACC' Stock Trend

Now, the stock is approaching a critical area of 1430 above which we can see it rallying towards more higher levels.

In the above chart, I have tried to show you the same by the angular way, as the actual method, has not been displayed due to security purpose.

Close above 1430 will trigger the Breakout & Probably higher level can be seen around 1475-1490 or even more in coming sessions.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 5, 2019

Nifty Intraday Technical Analysis 05th Feb

As posted in the last analysis: Nifty closed above 10810 level, shows bulls have the upper hand, & we may see the levels of 10880/10938 today, however, today we have the Union Budget Event so that wild swings can happen on either side.

Nifty Intraday Technical Analysis 05th Feb

Nifty does both targets above 10810 on Friday Budget day; we are again back in the same zone of resistance where 11000 price level, will act as resistance on a weekly basis.

10970-11020 will be the critical zone to look for on day to day basis above that,11085 / 11190 level can be seen & Bears have there chance only below 10792.

Critical Support for today in Intraday is at 10880 /10840/10780 & Resistance is at 10935 /10985 /11060.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 5, 2019