TUBE INVESTMENT - Long-term Trend Analysis
1. It breaks the primary trend in daily and weekly candles. Negative sign.
2. The last chance is this week, if it closes above 1630 then it may get an upward reversal.
3. If it falls under the primary trend it has a bright further.
4. first upward target is 1860 and if the market reveals means 2400 will be the ideal target for it.
5. It's a long-term analysis, if it is not able to break 1630 this month or next month if it is open below 1650 it may continue the downtrend.
6. Based on up or downside reversal investors can take the call.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
1. It breaks the primary trend in daily and weekly candles. Negative sign.
2. The last chance is this week, if it closes above 1630 then it may get an upward reversal.
3. If it falls under the primary trend it has a bright further.
4. first upward target is 1860 and if the market reveals means 2400 will be the ideal target for it.
5. It's a long-term analysis, if it is not able to break 1630 this month or next month if it is open below 1650 it may continue the downtrend.
6. Based on up or downside reversal investors can take the call.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...