There is no change in the structure and the price has failed to close above 130. But the price is still in the positive zone. For tomorrow the intraday range is 130 to 136 and 126 to 122. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a gap up opening of more than 4% and the price has closed on the resistance level. Wait for the price to settle down. CMP:137 R1:137 | R2:142.90 S1:123.50 | S2:119 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Another Inverted Hammer Candle shows the weakness in the price. The price is being strongly rejected by the levels of 130. The probability of a strong bearish candle is more than 70%. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Axis Bank Chart Pattern Anlysis There is bulish start in our Indian Economy Hope to start our best economic time Bank stocks are already doin g their best so its probability to make All time high or reverse if its break upper side wait and buy for Long If it sustain and reverse from resistance line we can take short Thanking You
Hi everyone, Bandhan bank short term swing trade consider buying above 314 target 332 stoploss 304 add more on support between 295-292. LOGIC BEHIND TRADE : Stock given breakout of dynamic trendline resistance and near it`s static resistance 314 on 2hr time frame price structure price is making higher lows it`s bullish sign stock is going upside targets...
Fed on Weekly Timeframe. Gave breakout with good volumes. Eyes on this one. Q2 Results will also impact it so a little bit risky setup. This post is for information purpose only.