GSK Pharma- Ready to breakout?As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap.
RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+.
However, this idea is shared just for educational purposes and not a recommendation.
Chart Patterns
ZYDUSLIFE | Good for Long |NSE:ZYDUSLIFE
CMP: 685.85
Reason for Trade : WEEKLY BO / INVERTED HEAD AND SHOULDER PATTERN AT DAILY TIME FRAME
Entry : Cmp or near Support 670
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Banknifty futHallo Traders, Good morning to everyone .. we are from Target Achiever Team today we are going to show you our Banknifty spot/Future and stock cash Multi time frame DIRECTIONAL ANALYSIS. If you love or satisfied our prediction and want get updated at right time so follow us..
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Investor's Edge: Nifty's Next Week AnalysisLast week Nifty has given a strong breakout and moved up to 20900 level.
It has created a flag in 2 hour chart. 21000 is the breakout zone, if breaks it then we shall see another 1000 points rally coming soon.
Supports are 20840 - 20700 - 20500 - 20300 for Nifty.
Nifty at a crucial zone!!