banknifty false break out near 21500 to 21600, Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial adviser before taking position/decision.
after a false breakout the scrip is tending towards its previous resistance.
APOLLOHOSP has given weak breakout of Channel Drawn(By Menka), May result in False Breakout! Entry : After Closing Below last candle ,look for shorting from Given Red Zone Near.1250 Stoploss : 1285 (Closing Basis) Basic Target: 1200 Then Trail till lower white Trend line A Good read for all : why-teamwork? if you have any queries regarding...
NSE:HINDZINC As per chart it is clear that breakout above 330 does not sustain and the price is back in channel ......i will go short tomorrow around 328 for the immediate target of 318 with stop loss 332.