Let me know if you find this useful and if I should continue posting such ideas on daily basis for intraday/swing levels of stocks & indices?
Take a look at the chart properly for detailed analysis,
also please note that this idea is purely for educational purpose only, kindly do your own research before investing and trading or consult your...
GOREJCP HAS TWO RESISTANCE
1. LONG TERM TRENDLINE TRENDLINE
2. RECENT SWING HIGH
IF IT BREAKS THE 728 AND HOLD THEN ONLY LONG IS RECOMMENDED
IF IT BREAKS THE 700 AND SUSTAINS, MORE PAIN CAN BE SEEN. hOWEVER THERE IS TRENDLINE SUPPORT IS AVAILABLE.