Nifty Spot View: 14/06/2023CMP: 18716.15Moving AVG (EMA) 20 Hour & 40 Hour: 18664 & 18644Moving AVG (EMA) 20 Day & 40 Day: 18488 & 18281Support & Downside Range: 18672--18621Resistance & Upside Range: 18735—18778---18836--18888Short Term Trend ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | Nifty Spot View: 14/06/2023CMP: 18716.15Moving AVG (EMA) 20 Hour & 40 Hour: 18664 & 18644Moving AVG (EMA) 20 Day & 40 Day: 18488 & 18281Support & Downside Range: 18672--18621Resistance & Upside Range: 18735—18778---18836--18888Short Term Trend Reversal Level: -- 18555Trading View: Ahead of FOMC Outcome key support to watch is 18672 spot levels as long as this holds bias remains bullish towards VIP Clothing Ltd. is in a rising trend channel in the medium long term. This shows that investors over time have bought the stock at higher prices and indicates good development for the company. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading > range. The stock has support at rupee 46.00 and resistance at rupee 55.00. Volume tops K.P.R. Mill Limited is in a rising trend channel in the medium long term. This shows that investors over time have bought the stock at higher prices and indicates good development for the company. The stock has broken a rectangle formation. A decisive break of the resistance at 626 will signal a further rise to 701 or more. The stock has broken up through resistance at rupee 620. This predicts a Nifty Head & Shoulder Formation is visible here on nifty so need to be cautious here all those have any sort of F&O position and carrying them over night Do take overnight hedging with you till nifty is trading below 18735 and now we can not rule out this formation to come in action.So time to go cautious till below 18735 spot In the last 6 months Nifty has been almost flat. NIFTY50 was at 18609 on Dec 12, 2022. Nifty was at 18602 on June 12, 2023. But the component stocks have moved a lot. Check the movers and shakers here: *Top 10 Gainers* Tata Motors 36.1%Bajaj Auto 32.6%ITC Limited 27.3%UltraTech 14.7%Power Grid 12.1%HCL Tech 10.8%Britannia 10.6%Titan 10.5%IndusInd 10.4%Maruti 10.3% *Top 10 Losers* ITC Limited and two other companies have submitted resolution plans for Shakti Bhog foods, a north India-based wheat flour manufacturer that has defaulted on Rs 7,000 crore of bank loans and is undergoing insolvency proceedings at the National Company Law Tribunal (NCLT), as per sources in the know. Adani Ports & Special Economic Zone Ltd.'s auditor said insufficient disclosures over certain transactions means it can only issue a qualified opinion on the company's accounts, returning the spotlight to allegations made by short seller Hindenburg Research on Gautam Adani's empire.Deloitte Haskins & Sells LLP raised concerns on Tuesday over the port unit's transactions with three entities, which Dowjones Metal & Mining Cmp 412 From Low of 320 Till High of 549 Wave I Compelted From 549 Till Dot Low of 398 at 66% Fib Support With Abc Correction Wave ii Completed and Now Wave iii Upside Should Move Till 640.. Bsemetal index cmp 20078 from low of 19274 seems it has started wave iii of 3rd which is indicating that metal stocks should remain in flavor for next 2 to 3 months now this view of metal index remains in flavor gets negate if #bsemetal index goes below 19274 it not them metal is going to be the flavor for next 2 to 3 months now on | |