After going up it will face resistance in 2350 range and come back to test support on the trendline. And if it gets support from trendline then this will be a buy trade. And if it fails to get support then our sell trade will be only initiated below 2300 level....
flat open and then break todays low swing can sell here with 50-60 rs stoploss and if gapdown then take support and take a pullback then buy at pullback gap up then wait for a candle above 35000 for buying
Hey everyone. not much has changed since yesterday besides the fact we took a bunch of nice trades. See image. The forecast is still the same and trades will be taken according. Expecting price to break the 4hr swing.
Due to the fact we are sitting at a HTF demand area we could spring up further before hand so like always im remaining neutral. Another thing i...
Hello guys i had find this opportunity in 15m timeframe which have a strong resistant at 5500 and giving quick short entry in 15m timeframe we can short here by above sl and tg 1:2 RR and plzz do your own analysis before taking any decision thank you
120 being Monthly and also major Fib level Resistance. Make or Break
One must patiently wait for the candle to break and settle beyond 120 lvl with good volume to enter the action.
Earnings are on 27th of May and surprisingly there is a spike in volumes which indicates strong accumulations before earnings.
P.S This Chart is for educational purpose only.
All time high volumes in weekly
also increasing in volume with price increment
so for short term buy above weekly high
for long term buy at CMP add till 240
Good support near 200-180
if closing below this then we may see more downside
Market Cap--₹ 3,641 Cr.
Company is almost debt free.
Live Challenging Signal Buy LT @ 1396.20
Entry Type: Buy
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Indian Oil has given a breakout (though not very convincing due to lack of a big candle) at the resistance of 94~95 level. The short term target should be 98~100. The midterm target should be 104~105 and a long term target of 115 can be thought of for patient warriors.
However, option chain analysis shows a huge no. of calls (big resistance for this month) at the...