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NIFTY | Recovered 50% from the Wednesday fall. Lets try to catch up a 70 points.
CMP : 12970
SL : 12930
Target : 13070
Fib is just used to track the recovery percentile.
1:2+ risk reward setup
Made double bottom, tested support and gave good bounce and now expecting a breakout.
Buy above 731.5 (Intraday).
Please do your analysis. Before trading..
JUSTDIAL gave Trendline Breakdown and came near Horizontal support below 568 can fall towards 560 level
FOR DAY TRADING ,WATCH THOSE LEVELS.
JUST STUDY ,THEN CONSIDER IT FOR INTRADAY
looks to go down, its bearish till 1825 area.. lets wait and see..
target :- 2390
stop loss :-59800
#tesla #technicalanalysis today's day trade tesla motor
After trendline (yellow) Breakdown , Jindalstel is in strong pullback
a)Looks good above 194.50 for Long (Green Line)
b)Looks weak below 188.50 for short trade (Red Line)
Gave Trendline Breakdown , weakness below S1 626 levels and S2 620 levels
View Negates above 645
after reaching PRZ one can look for reversal too