DSSL BO with huge volume with support/demand zone found on the magical Parallel channel. Stock is finding good support in the zone of 250-260, rest we can plan the trade as levels mentioned on the chart Case Study 1 - Reliance Industries - Long Term Magical Parallel Channel : we can clearly see the price has respected the parallel channel in a magical way,...
It has given a fresh breakdown in hourly time frame which suggest a retest of 500 and then 460. View would be negated above 555
I can see 786 as intraday target
Techmahindra at resistance & EMA 20 support. Also formed IH&S
Expecting breakout of symmetrical triangle soon in TECHM , Wait for breakout and direction. Short below - 689 Target - 678, 669 and 660+ Long above - 711 Target - 721, 738 and 745+