TATA Motors is downtrend in both long term (Weekly chart) and short term (15 mins chart) as per technical.
Price oscillation expected around 161, but eventually, it will fall to 150
Target 1 : 156.7
Target 1 Date : 30th Jul, 2019
Target 2 : 151.9
Target 2 Date : 8th Aug, 2019
Chart is price vs time, so generally i predict time as well.
Personally, I square...
Weekly candle closed below trendline. If on Monday price breaks today's low , trendline break will be confirmed. Next major target for short trade will be around 11066 - 11130 zone, where it will reach next major weekly trendline. If it breaks that too, it should reach 10000 level in no time.
HDFC is in range bound and touch the top of short term trend channel.
Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly
Target 1 : 2220
Target 2 : 2191
Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.)
short at 30200 - 30250 range
stop loss 30400
1st target 29570
2nd target 28867
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
nifty in grip on bear. any pullback will sold into.
so trade carefully.
nifty stoploss 11590. safer side it can be extended to 11648.
1st target 11262
2nd target 11138
3rd target 11012
if breach 10980 ( its going to be difficult for bears to breach this spot, if so happens then )
it can slide to 10822,then 10750, 10600.
Disclaimer: All posts/views are for...
