HNS and broked major trendline downside can see more downfall if broked major support good risk reward ratio {may retrace}
break down 169, T-150, or break up 183, T-190 so side way
IN my view , it should even slide further to 244-----242---239 levels ...stop loss of 255 need to be given priority .
2 Cases: 1. Surviving Support Line 1 and breaking resistance Line : Expect Nifty to rally towards 11000. 2. Breaking down the SL 1 : Expect nifty to break down till 9000
Yesterday's afternoon session was good consolidation and on range break in Tamo, we will get good downside move. The trade setup gets invalidated if price crosses above the resistance zone 443's convincingly but we will be watching for reversal around the resistance zone for downside movement. Both ways are mentioned on chart, if all goes as planned we will be...
I'm expecting downside move in Ajanta Pharma, if your trade setup also confirms the same, check with your risk n enter !