As per my sister history will repeat itself.
According to her this share is following the same pattern formed in December month 2019(1,2,3, Pattern), if within two or three days it falls, following Nifty or if it breaks its support @322 it will fall & takes downward momentum and we can short the share right after the confirmation given by the bearish red candle...
Add this stock to your portfolio when comes below the key level mentioned on the chart.
Even though the volume is giving sign of short end but key break on daily chart of major trend gives an indication and opportunity to add
The stock has already taken its support, and now trading near the support there is a price rotation, sellers and buyers both are active this the stock is not able to decide its route.
thus if the stock cross 211.46 it can move up-to 215.70 and still further up move.
Strong support level 206.65, if the price cross this level the stock will be bearish.
Bajaj Finance has already formed a descending triangle.
It has break its triangle in up-direction and now this stock is following an up-direction.
You can see in the chart i have mentioned "continues up-move"
after every continues up move the stock always form a small triangle and there is a price rotation.
The stock has taken perfectly it's support every-time.
At every peak the stock has made a new high.
May be this will take months to form peak 5.
After fall the stock move up rapidly to its peak and near the peak there is price rotation.
The formation of new peak is becoming narrow.
Making a higher high and higher low.
An uptrend is created by higher swing highs and higher swing lows. Pullbacks create the higher...
Grasim is move very good and its go uptrend direction in same day if tomorrow is contentious its uptrend and breck the level of 630 then its go long. and if not break the level of 630 then its back down.
For more information :- t.me/tradingquoteorignal
Bajaj auto annual result good impact on stock price. Stock move uptrend in full day and go long. But stock price is near to the resistance level and reisistance zone. If tomorrow stock price is break the level of 2880 then its go long. And if is not break the level of 2880 in full volume then the stock price is touch 2880 and back again.
UPL just touch today very Strong Resistance stock try to break the level but not break. so tomorrow if stock break the level of 490 then its go up and if not break the level and sustain below 480 then its move in side way.
The stock has already taken its move.
The stock is moving up-direction.
The value is moving higher and chances are it will continue move higher.
Yet the perception is that the market is perhaps at a point where investors should be buying.
Major support level is 1853.
RIL's results are out, and I'd suggest to compare it with YoY performance rather than QoQ. Jio results are beyond expectations and deal with FB is a booster. RIL holds the capacity to outbreak Nifty beyond 10000 for sure. If we consider the positive trend in RIL, I'm expecting it to hit 1640 target in the coming days.
Here's how I analyze...