Range Breakout seen
I see support at 640-50, can se multi bagger stock
TCS is at trendling support . TCS has a impulsive wave and now the corrective wave can explode once crosses 2000. I am in learning phase and publishing this as part of my tutorial and practice. Member can comment and provide feedback for improvement
My target was 2035 which was near resistance and i was bullish bcoz there was bullish divergence in RSI. Morning there was gap up above blue line so i was not sure. i observed few candles for confirmation. First confirmation, second red candle took support on blue line. Still i was not sure. So i was waiting for second confirmation and on 6th candle it took...
In the replay mode it is evident that the trend was still upward. Hence the Red Star Failed.
It is continue to consolidate in the range of 840-940. breakout at 940 can rally upto 1000-1020 which is at 200 DMA.
AUBANK has made new 52W low, now again retraced to 442-445 which is acting as a resistance line. if is able to cross 442-445 level and sustain then it can achieve 566 easily. however in current trend it looks like it is making lower lows. It may retest 380 level again.
Short term inverstment idea.
It has given a breakdown in hourly charts which suggest a retest of 440/425. View would negate if it moves above 466
Bitcoin price forecast for coming day