Cupid - Weekly - Trendline - Support - Resistance
1. RSI Bullish Divergence - Observed in Hourly.
2. Recovering from the lows of double bottom.
3. Resistance around ~150.
Berger Paints - Weekly - Trendline - Support - Resitance
1. On the verge of breakout. Strictly follows. trendline support.
2. RSI is entering over-bought so some price retracement can happen
Whirlpool - Weekly - Trendline - Support - Resistance
1. RSI - Double top. Can expect price to correct further.
2. Within the long term trend started in 2016.
ICICI Bank is the fifth Heavy Weight stock in Nifty 50. A Rising Channel is seen on weekly time frame. Currently price is at a junction of horizontal and trend line support.
Symmetrical Triangle (Bear Direction)
Now are in the responsive move, this responsive move has much strength for a pullback.
Trading 11045 above, is bullish for targets 11208 and 11273 nearby as 38.2% retracement of total fall.
If you think for positive: Buy 11060-11080 stop loss 11050 below for the targets intraday R 11155 nearby and next targets 11208 and...
For each U-term , this stock is created TAIL .
Look at the box, I have drawn TAIL so you can easily check it. Suppose, wave(2) has Tur n then it will create a tail on hrs chart .
Resistance 423 nearby.
Predicted waves if everything fine.
Query : View about NCC
Answer : Weekly & daily charts confirm the down trend. If price goes below 86, then it will reach the next support at 81, 76 & 68.
Note : Post written as a reply for the query from a regular follower.
