It has broken all the resistence . Tomorrow might get a dip .which will be a buy for sure. minimum of 10 points is an easy target
All the best!!
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10 points achieved after the dip. It tried to break but failed.
might seem to be a fake breakout. but i see it in a different way explanation- gap down opening killing its strength , reason- global panic, US market on a verge of breakdown.
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615 an important resistance being tested .. bulls are aggressive . not letting the stock fall. might see a breakout .
@slacktalk,
will fall, and test its support
reasons -
1. weak RSI
2. global fear as US market has actually broke down by the time i posted this.
1st target is around 605 if opens normally or, USA market recovers till then
if it starts with a gap down opening(which will mean USA market has not recovered yet ) it will open at 605, a bounce will be there testing 50 EMA on a 5 minute time frame. and then fall will continue