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HAVELLS (I) moving up from strong trend line support zone @ 250, further strength expecting above 281.


HAVELLS (I)


  • Stock moving up from strong trend line support zone @ 250, this will favor bulls.
  • Stock also trading above 200 DMA this indicates as long as stock holds above bulls will be favored.
  • On upper side Havells will find fibonacci arc resistance around 281, once stock closes and holds above 281 then further strength is expecting.
  • Even stock major trend indicator "MACD" is moving in positive zone, this indicates further price rise can be seen in coming days.
  • Also See - Reliance industries futures free stock analysis.

ICICI BANK moving up from strong golden ratio support zone, will favor bulls as long as holds above 335.50.


ICICI BANK


  • Stock moving up from strong golden ratio support zone @ 335.50, chart indicates as long as stock holds above bulls will be favored.
  • On upper side stock will find strong resistance around 367 (its previous high).
  • As per candlestick studies stock has formed bullish candle formation, this indicates further strength can be seen in coming days. Close Watch.
  • Also see :-  Nifty futures technical analysis chart free.

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