tcs looking bearish till 2142 , if taken support ,targets - 2176 , t2 - 2221 if broken 2142 level , downside target is 2120 , will take support from that level 2120 CAN be an demand zone . buy at those levels
RAMCO CEMENT A BREAKOUT POSSIBLE ABOVE 680
as fib charts we my see 10300..go long but with cautious
1. spotted head and shoulder 2. draw your neckline 3. enter on breakout of the neckline 4. incase you missed, re enter on the retest of the neckline 5. draw your target 6. book profits near the target
It is on the verge of a H&S breakdown suggesting 74.40/74.25 if 75 is breached.
So called Market experts charges upto 1lakh to share this type of things Yes those patterns do work but isn't the fees too high? Anyway posted Adani Ports previous day that it will bounce, so today If you were not able to find an entry this could be that!
BUY BAJAJELEC CMP 425 STOPLOSS CLOSING BELOW 380 TARGET 466,510
Understanding the market structure is an key element in Technical analysis. Rbl Bank has made this Head and shoulder pattern at a key level which is marked as black Horizontal line. Once it broke both the area Which is same in this case Give us double confirmation to go long In case if someone miss the breakout entry and who are not aggressive trader they can...
Even in a squeezing price range, Nifty has been moving and trades could have been taken using the simplest yet most effective classical chart drawing: horizontal lines (demand and supply)