Stock is struggling to cross the highlighted supply zone. Once it breaks with good volume, one can buy the stock.
Short below today's candle low. Close above above today's high is an opportunity to go long as it will also break the supply zone.
Long Banknifty near 20500
Those who have lost may look here for quick gains
M&M is in major hurdle zone. 1) It is near Horizontal Resistance Zone 2) It is also near Primary Downtrend Line A tough position and if it breaks through both the hurdles then it will do wonder.
TCS is in a crucial resistance zone and also in a rising wedge formation. Trade/ Invest accordingly.
HEROMOTOCORP has a primary downtrend line with a rising wedge formation.
Escorts Ltd. has been in an uptrend since March lows, backed by enthusiastic buying by the Mutual Funds. However, in today's session (June 9 2020, post lunch), Escorts Ltd. has breached its Trendline and further finds resistance at levels around Rs. 954/-. Note: For Educational Purposes. Fellow enthusiasts are welcome to share their views.
THE GUIDANCE IS FOR LONG TERM HOLD AND ACCUMULATION AT DECLAINE IT IS FOR EDUCATIONAL PURPOSE ONLY
Levels are on the chart. Expecting that PB has been completed and form LL.
Look for the shorting opportunity while it is trading in the range. Go long if it BO of the range on the upper side.
HUL is trading in a range for the past few days. Keep an eye on the BO of the zone.