THE STOCK IS MAKING KIND OF DOUBLE PATTERN ON DAILY CHART HUGE SELLING WAS SEEN 4 DAYS AGO THEN CONSOLIDATING IN A RANGE BEST SELL WILL BE BELOW 17380 ONLY TARGETS AND STOP LOSS ARE MENTIONED ON THE CHARTS
What i have observed that whenever Nifty has crossed or got resistance from long time trendline it retrace back, ideally it should behave like that. But due to high momentum in short time retracement can be delayed and that is happening in Nifty right now. I think the force behind Nifty run is weakening in coming days and fresh drop will start. What do you think...
NSE: ICICIBANK Looking Bearish Go For Short-Selling
NSE: SBIN looking Bearish Go For Short-Selling
NSE: KOTAKBANK Looking Bearish Go For Short-Selling
NSE: BPCL Looking bearish Go For Short-Selling
NSE: TATAMOTORS Looking Bearish Go For Short-Selling
Kotak Bank set to dive at least 100/- as per RSI, Stochastic and Trendline. The RSI and Stockastic has given confirmations. In case it breaks 1810 then it should come down to 1714-1715. Stock option PE in action.
NSE: COALINDIA Looking Bearish Go For Short-Selling
NFLX Looking Bearish Go For Short-Selling
WIX Looking Bearish on 07-12-2020 Go For Short-Selling
Nasdaq Composite INDEXNASDAQ: .IXIC Looking Bearish Go For Short-Selling
AXISBANK Looking Bearish go For Short-Selling
HDFC BANK forms a head and shoulders pattern on 1 hour time frame. Although the neckline is not broken yet. It has also forms a RSI Divergence . A high probability that it may go heavily bearish after breaking the neckline.
LUPIN is consolidating in a narrow range and a big move is coming. Short on the breaking down of the wedge for targets of 3-5%. Stop Loss should be placed anywhere above the lower trend line of the wedge. There are chances of breakdown and re-test hence keep patience for smooth down move. Any weakness in Index will be cherry on the cake. Charting is quite...
CMP 1406. One can go for PE and wait till it reaches 1342. If it breaks 1342 then we may even see 1240. Duration for target 1 - 1 week Duration for target 2 - 2 weeks SL - 1460
Nasdaq Composite INDEXNASDAQ: .IXIC Looking Bearish on 02-12-2020 Go For Short-Selling.