Scrip name -HCLTECH
Possibly, the scrip seems weak below 927.5 if holds for mentioned three targets.
The trade becomes invalid if price goes above 935. As sustaining above 935 can push further up towards 950/970.
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The scrip is travelling in a channel. Pushing above the marked resistance and holding above it will push further up towards 3186/3222.
On the downside, if cannot hold, we have to look for bearish pattern for confirmation for below targets 2968/2926 and 2885.
Regards
Asianpaints spot cmp 2362
Bullish Gartley pattern formation on daily time frame.
PRZ 2275-2310
SLZ 2250
Bullish divergence on RSI, Support of demand line,,
Good long candidate..
If NIFTY not open huge gapup and gapdown
then sustain above 14800 then Long
target - 14855/14910+++
if sustain below 14635 then Short
target- 14570/14500++++
In the daily chart, M&M continuously making Higher High and Lower Low. And it is exactly bounced back from the trend line. Long M&M for the target of 1000.
Hi Friends,
Look for the 14300 number in nifty and go long.
I will go with the option 1 which is BUYing opportunity @14300.
Your humble trader
KIRAN
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