NOCIL, Technical Outlook
Updated
CMP : 263.35
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Note
Today's piercing red candle, shows the price could resume its down trend.For breakdown the level of 249 is important.
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