It broke the second support trendline also. now it is heading towards next support level which is around 333. we can take the directional trade once it reaches that level, based on price action.
Reliance in daily chart given breakdown at 1430 zne fter a consolidation from 1466 to 1430 zone from 3 days now after breakout on downside , trading at 1410 now important level to note is 1430 /1440 on upside while on downside now its open for 1350 /1340 level. Upside resistance at 1440 /1460 zones . Fresh upmove only if close above 1490 for 1650...
All we need to look around our surrounding to find multibaggers nothing else And some technical knowledge that's it
Axis bank have multiple support levels to look out Checkout charts for price levels
Even though Ashok Leyland doesn't fit our investing framework, posting this in case it will be useful for already invested investors
Stocks dont double over night They need time some time months some time years If you see the 3M India in longer time frame stock doesnt move for years. That is when you ability will be tested and who stayed in the course will only be rewarded at the end So as an investors be patience until noting changes fundamentally in a company
Indusind is making higher high in 1hr chart Try to go long at support trend line
pvr base immediate at 950/955 if breaks then 926 while upsid can be 990 /1003/1033/1042
It has reversed from a Bearish Harmonic Alt Shark in hourly time frame and done a min 38% retracement. There is a possibility of a trend line breakout ONLY if it manages to break "above 328" for 360 where it has a Bearish Harmonic Butterfly. Failure to cross would see continuation of retracement till 50-62%
NIFTY Look like immediate down to 8960 and pull back to 9450 .
Price is nearing trend line. It have to break & sustain to be bullish.