This is a basic chart study of securkloud containing resistance and EMAs according to my analysis trend will be up if it breaks the upper support and will do in two to three days. According to the chart as u can see there is a strong resistance at the bottom so you can assure it is safe.
Lower Highs and Lower Lows since the formation started in Jan 2018.
We had a huge move from Mar this year, wherein we had six months of bullish candles.
At Rs 440, its at an interesting juncture.
Is it bearish as it appears?
or is it some very bullish Chart pattern ?
I would go for a bearish stance.
I've certain observation about ITC, and that i think let's share it with you.
As it can be seen on charts, volumes are increasing and price is trying to move in upward direction.
It appears a great swing trade setup in this bear market, comment your views on ITC?
Entry price: 173 to 180
Stop loss : 160
Target price : 216
return/risk ratio :...