This is predicted using longbuylongsellindicator ,Profit Maximizer.
After a 72 bar Green Rally ITC price is about to fall.
The Red Candles shows the indication for the downtrend.
BackGround color as well confirms it. All types of chart using longbuylongsell indicator (script in the below links)
Happy Monday Guys !
We are waiting for the long positions in Nifty once its in our zone & on confirmation looking for long. If we get struck in zone for the day or if there is no clear confirmation, don't get into trades. For positional traders the trend didn't emerge clearly, to be more precise intra trades making more points than positional for past 1 month,...
VEDL has seen a good day or two of range bound trading. I f VEDL crosses above 229.65 with volume tomorrow il buy for a scalp trade with targets of 231-231.50 and a stop of 228.30. i will trail my stops as and when these levels are reached till RSI turns downwards!
