TATA CONSULTANCY - Long-term Trend Analysis 1. After several months of consolidation the long unwinding has been broken this month. 2. Another fall is for sure, but it may take several months. 3. If it falls 40% from its all-time high will be golden opportunity for the investors. 4. That is 2500... There are lot of supports in between but falling to 2500 is my...
HINDUSTAN UNILEVER - Long-term Trend Analysis 1. It breaks the primary trend 9 months ago... 2. Now for the past 15 months in the long unwinding/Accumulation zone. 3. 2 options 1st If the trend moves upward means it has resistance at 2500 and 2700. 4. Only when it crosses 2700 it will be considered a bullish trend. otherwise, it will be on a bearish trend...
Explanation on chart
Stock has fallen below the 20ema decisively with long unwinding pressure. Short till 1485 for target of 1430/1415 and 1380. sl 1500 on closing basis
Bajaj : Weak Below 2080 Reasons : Oi show long unwinding....spectators not interest the price move up... Best for short... Do your own analysis... Before taking entry... Swing Target market on chart redline...
SHORT SWING TRADE IN RELIANCE NOTE:TYRING TO CATCH PROFIT BOOKING AND 1320 WAS A STRONG RESISTANCE BEFORE SPILT RISK CAUTION I AM FULL TIME TRADER AND RISK TAKER THIS TRADE IS NOT TO DETERMINE THE TREND SHORTING RELIANCE DUE TO RSI TOUCHING 80 LEVELS ON DAILY AND WEEKLY CHART SHORT @1319 STOP@1330 TARGET@1300 LOT:1000 QTY:2