Firstly, The chart has broken channel and then retested the upper trend line of the channel and confirmed it as support and it started moving up indicating a positive move to upside. A further positive close above the channel shall lead to the prices to go up to 200-225 levels, with technical stop at 160 levels.
The company has reduced...
Sell NF(nifty future) between 11816-24 with stoploss at 11830 and, targets 11754-11742 intraday. Very Important for more profit point is, if volume raise with fall and break below 11725, then ready to see 11500 nearby.
Confidence is a very important factor in trading and single trade can increase it or reduce it.
Why I always stress on Breadth tools? And how different are they from traditional indicators?
1. Breadth tools don't take the price of the asset in the account
2. Breadth tools will help us to see important information like "Number of Stocks Moving on UP TICK" and...
Hi all, SBI seems to me like no no investment stock as of now unless it break the all time high, secondly based on Elliott wave it's more like simple ABC structure and making of final C wave which means big drop is already in progress yet to confirm (Trend line Break)
***Use Proper Risk and Money management Rule if you don't had a one please watch the play...