AmarajaBat Looking Weak aheadIt is been observed on Weekly and Daily Chart that the price action is forming lower lows and lower highs indicating a bearish move ahead. It has also broken previous support of 840-850 levels. Now, it shall further dip down.
Target 1: 825
Target 2: 800
Stoploss: 850
Downtrend
momo setupStock is perking higher..
Very good setup with low risk.
buy range: 140-160
SL 120
Target 260( just trail)
TCS Downward WAVE 5 in progress (Swing Trade Setup)It is been observed on daily and weekly chart that the price action making lower highs and lower lows indicated a downward trend. Now, It is also been observed that the price action completed Wave 4 and now it is in progress of Wave 5 in the prevailing downward trend. For last two trading session, it is been bearish when Marked acted positive. I believe sellers are in control and it may further dip down. Regards
Target1: 2205 (RR- 1:1)
Target 2: 2100 (RR- 1:3)
Target 3: 2000 (RR- 1:5)
Stoploss: 2350
SAIL - Breaks The Resistance (SELL)The price finally broke out from the support levels and now that support levels are acting as resistance. I believe it is a good time to short it the current level for the target of 46.50 SL 47.25
