falling because FII cut there stake 1.88 % from Sep to dec quarter.
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
Note
S1 brokenhammer candle formed so the selling trend may get reversal. but if selling continues stock may fall further because, descending triangle bottom line has broken.
Note
- falling wedge pattern in uptrend- reversal candle formed
- may consider if buy candle open above this candle.
Note
trading at weekly pivot s1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.