NSE:NIFTY
WAITING FOR SOME PERFECT MOVEMENT IN NIFTY
can see a last led up before a good whole fall again
waiting for some sort of confirmation
can even break the parallel channel as well
Petronet - Bearish - next Support Analysis
1. Breaks the primary trend, tried a lot of attempts to break the trend upwards... but due to negative trend, it came down.
2. next support at 190 and another at 180.
3. Strong down candle was created last week, due to this mostly next also will be negative for this stock.
3. I hope it won't break the 2020 crash...
One of the most Lagard stock in the market. gave a 100+% returns in 6 months after the crash but after than its been a year there's absolutely no returns/ disappointing returns, Often rising up in intraday and falls back after some time. Being a Pharma Stock, this one underperformed too much. anyways
very good support at 4400, absolute support at 4000-4040. it is...
ACC resisted the upper trendline and has fallen from 1580 Levels and broke 0.5 Fibonacchi Support. Can be shorted below 1520 for 1500/1480/1440. SL - 1535
Please consider following reasons -
1. Trend Line
2. Bearish candle on Daily Chart
3. Negative Result
4. Poor market sentiment
It has shown a negative divergance and a big downfall with high volumes.....
it can fall upto 50 days EMA and take support over it because it is in uptrend on monthly chart .... for long term investment this fall is a golden opportunity....
it may fall upto 50 - 47 region.......
