For personal observation only
I can see 156-57 tomorrow
MADE GOOD PROFIT TODAY WHEN IT WAS MAKING BIG GREEN CANDLE NEAR TREND LINE I STILL BOUGHT PUT OF 265 STRIKE AND MADE GOOD PROFIT REMEMBER BUYERS ARE MOSTLY TRAPPED NEAR TREND LINE GOOD LUCK WITH YOUR LEARNING
OK SO I HAVE FAILED 2 TIMES TO ANALYSE THIS STOCK THIS IS 3RD TIME :) IT IS RESPECTING FLAG PATTERN KIND OF I WOULD SAY FOR SHORT SIDE IT MUST CLOSE BELOW 296.20 AS WE KNOW FOR A FRESH DOWNTREND WE NEED TWO LOWER HIGHS AND TWO LOWER LOWS NOW ALL THESE 4 ARE COMPLETED BUT FIFTH POINT AS I SAID 296.20 SHOULD BE MADE WHICH CONFIRMS DOWNTREND THEN TARGETS ARE GIVEN...
In weekly time frame it has shown consolidation near kumo while in daily its giving a breakout today above Kumo. An EoD close above 604 could take it to next level of resistance near 635. View negates below 588
Just for personal observation TGT 200 SL 170 No TF as of now
It has entered into a PRZ of a bearish harmonic pattern AB=CD which is also inline with an Ichimoku time and price resistance. A retrace till 1450 from here. View negates above 1625