Asian Paint has crucial Fibo 0.5 resistance at 1255. Can be shorted below 1255 for 1240-1230-1220. Also in case the share bounces from the resistance of 1255. Look to short around 1275. Please consider the following reasons : 1. Trend Line 2. Bearish candle on Daily Chart 3. Double Top Formation 4. Poor market sentiment
Hello everyone, I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both. When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.
max support at 5.8k...if dropped below 5.8k then 5k will be visited
INFOSYS IS SELL FOR TARGETS OF 590-550. REASONS: 1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE (BEARISH PATTERN). 2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START. STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"
chart suggest something big , something good coming in this sector for next year , expecting a 40 to 50 % uptick in the counter !
Stock has technically broken down from all it support levels , the last seems to be at 1400 INR , below this the stock will slowly move in three digits.
As on 24/09/18, Tata Motors is in downtrend. Sell Tata Motors for target 231.
As on 18/09/2018, Canara bank is in downtrend. Resistance Level: 250.88 Support Level: 243.28 As per fibonacci and trend lines, Canara bank still appears bearish. Sell Canara bank for targets 240/234.50/225.20 with stoploss 257.25
Ason 16/09/18, ITC is in downtrend in daily time frame. Crucial resistance level is 308.42 and crucial support level is 305.82 as per pivot points (fibonacci). Short ITC if it crosses 297 for target 290/287/280 with stoploss 311.40.
Exit Holding if : Closing Below 78.50 Stop-Loss : 85.80 Minimum Target Price : 53.25 Risk to Reward 1: 3.6 Of course, It's not a trading opportunity as we can not short sell this stock and make a profit. But Those who holding Prajind in their portfolio can exit and enter at a lower level again. It seems convincing enough to sell the stock based on his recent...
NSE:NIFTY can fall for next two days (till F & O expiry) . Best bet for shorting is above 11750 (if its a gap up opening) when it will surely reach an overbought region. This call is based on tentative Renko Supertrend sell signal (Not yet appeared, but a good chance of appearing tomorrow) as well as a tentative 'Overbought RSI' signal (Again not yet appeared,...
Short below - 410 Target - 380 SL - 432.8
sell until find support 668 also find support now at 701 ...20ma Bollinger Band...