The price following "control price" and in the starting nifty fall will give power by control price 11655 nearby as support.
Let it be open the Market and You will get REAL-TIME alert if you hit LIKE button.
A 38% Fib. Retracement existed 11665.
News and Points to cover for today:
SGX Nifty (Jun 25) trading at 11,701.00 which is -15.00 -ve.
Gold rises to near...
KING OF REVERSAL'S - MAGICAL BREADTH TOOLS- 245 POINTS TODAY IN BNF
Except for Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of...
HDFC Bank has been in a consolidation phase for a while. Currently the stock is at range bottom wherein a trendline support coincides. The price also being a round number, it increases the probability of stock moving upwards, at least to 2460.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not...
98.50 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 74.
New trading suggestion:
*There is still a possibility of temporary retracement to...
STRONG SELL pc jeweller it is going to make a new 52wk low. Downtrend will be continue till 35.75. If the support will break then we have to assume historical low is 34.25 you can hold more stocks at price 36 . according to me we should take exit now till bear power ends.
Decline from life time high 12102 is seems to be corrective and looks like double zigzag in which 12102-11770 as first abc, 11770-12000 as X and 12000-11625 as second abc. Now If correction is completed at 11625 as double zigzag then we will see new high above 12102 OR pattern could also turn in to Triple zigzag(In which one more low below 11625 is possible from...
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Though CEAT is forming Falling Wedge pattern & Long can be taken after break of major resistance(Upper-GreenLine):-
Entry : Pullback Long @930 after strong closing above 940
Stoploss : 3%
Basic Target: 980
if you have any queries regarding above idea or any other stock feel free to D'M
Announcement : We've launched TruStox Community, A community driven...