Share has formed Bullish Harami Pattern followed by Green Candle (shown in blue box) which indicates upcoming uptrend. Relative Strength Index is also supporting price rise. Share Price will go up now.
please read bearish engulfing instead of top pin bar in 30 minutes chart,
parsann.kumar
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please read bearish evening star instead of bearing morning star
parsann.kumar
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If the NIFTY, sustain above 9807 levels, then it will move up for 230 and 234 targets in 1 or two days, technical in 30 minute & 4 hour chart, there is Top pin bar and bearish morning Star and there is Gap for 28th day opening, So, if the NIFTY on 3rd October test the level 9703 then 9686, 9645 it will correct 211, 207, 200, 194, 182. One more thing, there is CUP pattern in 1 month chart, So it will consolidate between 207 to 235, if it break and sustain above 235 after then it will move up for 257, 267, 293, 333 and 400 level, Over all it depend on market condition.
miteshshah2608
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100 Tgt very Soon
xclusiv_abhi
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Should one not wait for clearing 220-225 zone.
Ankita_yadav
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@xclusiv_abhi, I am not seeing any resistance in this zone...why are you pointing this zone..
xclusiv_abhi
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@Ankita_yadav, The stock hasn't been able to move above the lvl i said you. Hope this shows that d resistance does exist.
Ankita_yadav
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@xclusiv_abhi, agree...how you analysed that resistance...
xclusiv_abhi
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@Ankita_yadav, If u had tracked the stock during last 2-3 months, it had tested twice 220-225 zone and on the third time when it broke ..price dropped like a cliff to 188-190 zone. So thats d reason I felt this is a critical resistance zone. Though am not certain how long it will sustain.