Sell below 1277 with the stop loss of 1283. Targets are 1271, 1265 and 1258.
Buy above 1285 with the stop loss of 1279. Targets are 1291, 1297 and 1304.
Currently, the price action failed to cross above the initial resistance level of 6650-6670 (indicating continuation of prevailing down trend) and came back down to test the previous strong and crucial support. Now, if the price action got further weaker then it may break the crucial support range and goes further down to 6000 levels. It shall be the continuation...
Declaimer: This analysis is for Educational purpose and not for trade and investment.
ICICIBANK - Weekly - Cup n Handle
Target : 550- 600 Approx.
This analysis is invalid, if Weekly Close below : 290
Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video.
Trading Strategy
Plan A - Buy in 10650-10675 zone with strict stoploss below 10620
Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels.
Plan B - You can sell if you see index...
RELIANCE positional long close above 1410 for target 1480 sl 1360 closing base. reliance respect trendline support and also macd bullish cross over generate so go long reliance
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