banknifty false breakbanknifty false break out near 21500 to 21600,
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Kindly contact financial adviser before taking position/decision.
Falsebreak
ApolloHosp : false breakout possible?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 above idea or any other stock feel free to D'M
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failed breakout in HINDZINC go Short with Sl 332 trgt 318NSE: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.
