AS WE CAN SEE IN THIS CHART THAT SHORT TERM TREND IS BREAK ALSO RSI MOVING TOWARDS SUPPORTS NEAR ITS 30 LVL - TG 106 REASONS LONG TERM SUPPORT-RESISTANCE ACT NEAR 106 PRICE, REVERSAL MIGHT BE SEEN BUT LESS CHANCES NEAR 112. - ALSO CROSS CHECK WITH ICHIMOKU CLOUD AND MACD. //IF YOU LIKE MY ANALYSIS THEN PLZZ FOLLOW ME AND LIKE//
Ongc looks good breakout with volume on monday. Stoploss 110 Target 115-118 in 1 week
Short term Sell if goes below 96 target-95,93 SL-99 Take position at your own risk.
A trait of a demand/supply zone is when the candle, which is breaking out of the zone, has a range that is significantly greater than any previous candle's range. Also, a range is usually formed inside a demand/supply zone, after which the price breaks out/down and continues to move with momentum in one direction. These can be great confirmations to find and make...
Price making ascending triangle and will break up side in the coming days. Trend line support was the perfect buying opportunity now the second chance will come when price closes above 93 which is the resistance for this pattern.