Buysellsignal
AMBUJACEM Blast, further level marked !!NSE:AMBUJACEM
#NSE:AMBUJACEM level shared @ 340 and now trading @ 365, 8% up move registered,
marked further levels for practice.
Happy LEarning !!
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M&M Intraday/swign important levels to watch for 01st aprilM&M opened gap up and traded mostly in a tight range. on 15 minutes timeframe, RSI is above 50 but moving down and MACD is below the signal line. The conditions are in favor of short trade but taking trade along the larger trend has a higher probability of success.
On a daily basis, the stock is rising with strong rsi and MACD above the signal line. The upper resistance is marked by the gap formed on the 24th Feb. lower support zone is marked by the gap formed today.
if on 01st April stock crosses today's high with good volume and sustains, it will be a good opportunity for an intraday trade.
Two gap up openings at the same level on zeel price chartZeel price chart has created two gap ups at the same level. this zone has acted as either resistance or support at many points on the chart indicating a strong supply/demand zone.
Two gap formations at the same level with almost the same open & close is a rare phenomenon.
Keep an eye on this level for deploying any trade.
This is just an observation. Support and resistance are used in most of the strategies and this level can prove to be a strong demand zone.