It has given a triangle breakout which is suggesting 565-570 as long as it remains above 532
BIOCON has already broken support trend line, if it closes below 338,which is also acting as flag. it can easly touch 315 followed by 300.
It has triggered an hourly bearish C Clamp Ichimoku study suggesting retest of 1530 / 1490 provided it does not go above 1615
reliance make shooting star on daily chart sell active below 1580 trgt wait ...sl 1655
CONSECUTIVE FOR THIRD DAYS IT WAS NR7 DAY FOR IT YESTERDAY. IT WAS NR7 WEEK FOR IT ALSO LAST WEEK. IT IS LIKELY TO EXPLODE TODAY OR TOMORROW. AS PER PRESENT TREND IT SHOULD GO DOWN. HOW EVER IF BANK NIFTY WHICH IS APPROACHING OVER SOLD CONDITION BOUNCES THEN IT MAY BOUNCE.
ABBOTINDIA is in flag consolidation range, once it give breakout. it may go up. that too it is trading near support trendline. breakout at support trend line gives further rally. if it breaks down it may fall upto 16400. upside it can go upto 19000
FOLLOW
Will Asian Paints Shine Again (Movement may be?) Formation; The data is evaluated on Daily time frame, let see the observations, Stock Managed to rally from bottom of 1431.020 to approximately 1864 and unable to enter the channel Line for continuous movement. Formation of Head and Shoulder in Middle path; Very Likely the present formation is that two head...