a stock stand on moving avrages like 50 100 200 to differant differant time frames and cadle make a movemetnt down or up
hdfc having Head and Shoulders in daily chart. Support at 200 sma, Resistance at 100 sma.
IBULS, breakout above as predicted but good rejection at 100 sma wait and watch
GRASIM DAILY, after 6 months above 100 sma will it touch 200 sma or will it reverse?
HINDUSTAN UNILEVER DAILY, took support at 100 sma for 2 times finally broke yesterday.
It took support at 200 sma for 2 times now again sitting at 200 sma with big red candle.
Sign for bearishness.