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Correction

Adani Transmision (Correction Likely)CMP = 276.85 In 5 sessions from 222.20 to 276.85 (24.5%) Hammer candle formed on top with huge volume. Most likely will correct upto 261 (5.7%) upto 250 (9.5%) Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn together. More accuracy more profit potential & controlled loss. *DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
NSE:ADANIENSOLShort
by CannySunny
3
GO-LONG~EMA~KAMA~SUPPORTI have used EMA and KAMA lines here. By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise. here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30). You can see here, whenever the EMA line crosses the KAMA line the trend changes. My recommendations here is to go long in SUN PHARMA. 1. it has already corrected about 120 rs.(from 680 to 560). 2. in daily time frame there is a strong support level around 560. 3. the EMA line just crossed the KAMA line. Have a long position and enjoy the profit. thank You!
NSE:SUNPHARMALong
by harshit777
7