Falling nearly 10% yesterday, the stock is exhibiting some fight back by gaining 5% (at the time of posting). The bounce was helped by demand zone between 3360 & 3375 where we could also observe 50 SMA level. That justifies the bounce technically. Currently the gain has run in to level where it appears to shown some loss of momentum partly because of the...
Price action of Dhanuka Agritech exhibits a sustained weakness in Weekly time frame. The stock has consistently formed lowers and lower highs until recently.
By analyzing the recent price action, we could see that the two relatively new lows formed are at the same level indicating that bears might be losing steam. In fact previous weekly candle was huge thereby...
RBLBANK MAKE DOUBLE BOTTOM AROUND 600 TO 625 LEVELS...ON 26TH JUNE IT HAS GIVEN BREAKOUT OF 625 LEVELS AS WELL.
AS PER PRICE THEORY NEXT RESISTANCE LEVEL IS 640 GOING ABOVE THAT LEVEL STOCK CAN EASILY GO TO 680 BECAUSE OF FALL START FROM 680 LEVELS AND IT WAS VERY FAST SO RISE WILL BE FAST
Minimum Potential shown by the Price Action. Implied Volatility has declined which makes a good return in Options trade.
A good 3-4 days positional trade with an entry point of 1480 and stop loss of 1500.NSE:KOTAKBANKKo
On TV plat form there are lot of technical analyst, 30-40%, rest ppl are learning,
Are you technical analyst, lets try to guess where price will go.. give me your comment, view on it.
And yeah please check weekly chart also.. its making flag on weekly,
you can give view on long term short term or whatever you like.
Dabur have great downfall from 450 levels also on daily chart from last 5 days it fall in very fast manner also took great support at 396 to 400 ..
Stock consolidated much around 400 to 408 pnce it crosses 408 and closing above that lead to price to 450 easily..if 396 take out on hourly basis than this view invalidated