HEAD & SHOULDER pattern shaped up in Tata Consumer. Bearish movement may remain intact. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Symmetrical Triangle pattern shaped up in Axis Bank . Decreasing volume pattern seen during the Pull Back Bearish movement may remain intact. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
On the Chart, the price follows a zig-zag pattern. Using Fibonacci the price touches 1.414 at price 155 with RSI below 30. It bounces back to 0.314 which is up to 196 in short term.
STONG SUPPORT - 155 RALLY UPTO 196 Short Term
Overbought zone : Upward rally upto 196+ : Short Term
Coal India levels...21/09/2020 (Daily Candle)
Observations: -> Elliott wave (5 Wave count) -> Major Resistance at 1972 turned in good support. -> Used Cyclic Timeline (Probably trend reversal) -> Short term major resistance at 2800 ->Targets based on Fibonacci
Buy above 3485 for 15,40,70+++ Sell below 3465 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 5345 for 15,40,70+++ Sell below 5295 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
BULLISH ABOVE 22100 FOR 70,150,300+++ BEARISH BELOW 21950 FOR 70,150,300+++ All important reversal levels drawn in chart Can comment or ping me for any query or live updates. All views for Educational purpose, Trade at your own risk
Buy above 11530 for 20,50,80+++ Sell below 11495 for 20,50,80+++ Imp levels drawn in chart so take decisions accordingly Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1290 for 7,15,30+++ Sell below 1260 for 7,15,30+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1093 for 7,15,25+++ Sell below 1077 for 7,15,25+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Weekly Trend Analysis - Continuous DownTrend follows
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...