No need to confuse, your analysis say that the head height 20 points, fall from the trend line break
come to 345 approx: will have a support. :D
Let us see how it works
vishal_agarwal
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@padiyaraa, yes sir but many are in long position almost 90 % are in long
padiyara
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@vishal_agarwal,
Quiet painful isn't it.
Look at the chart here.
The oversold bounce is terminated at falling TL resistance.
The stock is Bearish and in such situation, don't keep higher expectations
vishal_agarwal
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@padiyaraa, hmmmmm
waghshudip
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Will it bounce back from 350 forming a double bottom?
vishal_agarwal
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@waghshudip, i feel it may touch 320 thats why confused so i will wait 2 to 3 days
waghshudip
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@vishal_agarwal,Thanks for replying....... I did go for an Intraday at 350, so far so good!! :)
come to 345 approx: will have a support. :D
Let us see how it works