Amber enterprises showed a breakout yesterday and many buyers entered here because of the breakout
But do you know it's a false breakout?
lines reference:
dark blue-resistances
cyan blue-supports
yellow-both acting as support and resistance.
Guys please first like and comment...
INFY SHOWING ONE OF THE RAREST PATTERN CALLED THE "ABANDONED BABY"
BROKEN OUT OF AN INSIDE BAR ON WEEKLY CHART
POSITIONAL TRADE IN INFY
BUY@750
STOP@725
TARGET-1@780
TARGET-2@795
Bearish Abandoned Baby pattern after the uptrend is indicating the potential reversal at this level. The pattern is quite reliable and candlesticks offer good early entry with affordable SL so my mates can use it for their trading. RSI is also coming out of overbought region confirming the weakness.
Disclaimer : All ideas are my personnel view. Please take...
If this stock (YesBank) opens above 320 and manages to stay above 322 throughout the noon then the stock will test first resistance at 335. There is strong support at 310.
Bullish harami is also formed on weekly charts which is a positive technical indicator.
Relative Strength Index (Smooth) is rising above oversold range after staying in oversold for 1 days
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