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Resistance_level

Channel pattern exactly at resistance.Price as discussed in weekly time frame ( related ideas) rejecting from the trend line, as said after confirming the rejection we can go for short trades. AS seen in the pic price is forming a parallel channel pattern at the weekly trend line which is the rejection levels, wait for the channel break and enter the short trade. If channel breaks up then the above analysis is invalid look for long trades, don't jump in long trade immediate.
NSE:TATASTEELShort
by Tradersasi23
Auropharma - Bearish Alternate Bat - Sell below 775 Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. --------------------------------------------------------------------------------------------------------------------- This is a correction happening in Auropharma. It will be choppy & confusing as suggested earlier once we get the correction - going above 810 -This stock is getting ready for big moves later if holds strictly above 810 & crosses 840 as well. Trading Strategy -------------------------------- Sell Strictly Below 775 - with stops above 780 Once it falls below 770 then kindly trail stops to cost price of 775 Downside Target - 750 / Below 750 for 730
NSE:AUROPHARMAShort
by WaveTalks
13
Havells - Respects Price Polarity Havells is in a precarious position. The stock has managed a short-term bounce recently which now faces resistance from erstwhile supports in the range of (620-640). Sharp price volatility which we noticed yesterday can be a sign of shake off which can now lead further weakness. Trigger for this we will get once the stock breaches the low of 615. From a bullish perspective the stock should attempt to move above the 620-640 resistance zone as soon as possible, or else a failure to do so will lead to further price weakness.
NSE:HAVELLS
by Abhijit_Paul