Thomas Cook (India) Ltd. - Positive Momentum in Bearish Trend !!
Thomas Cook (India) Ltd.
As anticipated, a positive move was witnessed above 28 & the price closed near the weekly high.
Technical Indicators are Bearish.
Time-Trend Indicator is Bearish.
------->>> Even though the main trend is negative, the short term momentum might cause a Positive Move. <<<----------
Presently, 30.15 -34.85 -35.70 need to be considered as important resistances.
On the lower side 25 (5MA), 23.40 - 22 -21.95 are important Supports.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_Institute
As anticipated, a positive move was witnessed above 28 & the price closed near the weekly high.
Technical Indicators are Bearish.
Time-Trend Indicator is Bearish.
------->>> Even though the main trend is negative, the short term momentum might cause a Positive Move. <<<----------
Presently, 30.15 -34.85 -35.70 need to be considered as important resistances.
On the lower side 25 (5MA), 23.40 - 22 -21.95 are important Supports.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_Institute
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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.