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Saturday, April 08, 2023

NIFTY WEEKLY REIVEW / ANALYSIS - 10th April 2023

 Dear All,

> NIFTY HOURLY CHART <


Correction on card. 17635 Exactly tested which is 61.8% Golden Ratio  should be taken Care. Current Rally is Slow / Steady with out much Retracement should be noted. But the 3 Wave Up is surely not good for Bulls next week. 17200 might be the downside Support.

> NIFTY IT DAILY CHART <


Just one Word "Caution".

> NIFTY METAL HOURLY CHART <


Metal Stocks may trigger a good rally if breaks out above 5530. Rally in Metal stocks over due for a long. 

> NIFTY PHARMA HOURLY CHART <


Pharma Stocks is witnessing a Relief Rally towards 12380 / 12640. Above these Resistance all Pharma Stocks may Rally more & Worst is Over. Else its a Sell on Rise, as it may trigger selling towards new low.

> IEX - Most Rallied Stock from Low <


After CERC gave order to charge a transaction fees upto the Ceiling of 2 Paisa /kWh on either side of the transaction, helped to stock to bounce from the 1.5 Year Low. As per the Chart, If price manages to trade above 155 then the trend may turn Bullish and rally. 

> BHEL - Posted on Whatsapp Group - 06th April, 2023 <


More Rally pending in BHEL.

> N4A on Whatsapp <





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