I analysed this stock on wave counts based on a request from my friend. As per my wave counts this stock seems to be bottomed out at 83. Apart from wave counts, nice price action candles makes this stock a good investment candidate. A nice bullish DOJI followed by two bullish candles, all with high volumes in the weekly chart along with rsi divergence should...
Axis bank is consolidating around 730-734 price levels. Long can be taken around 730 with a stop loss at 695, for the target of 800.
Disclaimer- This is my personal view, please consult your financial advisor before investing.
NSE:NIFTY Immediate support zone@ 11110-11140
Immediate resistance zone @ 11700-11720
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As per the analysis, market in a neutral zone TOWARDS BEARISH SENTIMENT.
This SUPPORT & RESISTANCE works live and expect a reverse from RESISTANCE ZONE.
For 13th Friday , there will be a Shorting Opportunity from the Resistance.
SELL AT HIGH , BUY AT DIPS.
As per the analysis, market in a neutral zone, heading towards bearish sentiment
This SUPPORT & RESISTANCE works live and expect a bounce back to that levels.
For 10th Tuesday, there will be a Shorting Opportunity if market open and close BELOW 9th Monday Close.
Take ABOVE LEVELS AS RESISTANCE.
For 10th Tuesday , there will be a...
Price trading at value low with created an excess.
Waiting for the tail to enter the direction of the long side for target 294 nearby.
Buy in a dip(when down spike) 268-269-271 are a good level for entry.
Tail doesn't always mean that the price will reverse.If the second candle is long down from the tail it means that price will move down.
The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price...