NSE: RNAM Oversold towards 113NSE: RNAM Oversold towards 113.
Falling since beginning, with group company bankrupt, effect might be seen on this stock.
Very oversold. Short bounce back is expected, but will not last long
Price might be pushed towards 113 if consistent close below 134 level on daily chart happens
Selloff
HEXAWARE #SELL BELOW 310.45 INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 5th, 2018)
HEXAWARE #SELL BELOW 310.45
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May 2019...Buy Point near 8700-8800---Near Lower ChannelMay 2019 Loksabha Election Month. Till May-2019. I m expecting 8800-8700 Point. That is our buy point
-Study Purpose Hemraj Solanki
19-02-2018
Godrej Consumer Products - On High Selling Pressure (Sell)It is been observed that in the range of 1550-1565, there is a high selling pressure that takes the prices down to lower levels. Today price action showed tremendous weakness at that range level that formed a long red candlestick with a upper wick showed price rejection on higher levels. I would recommend shorting it for a while until the price action breaks above the 1565 level.
Target: 1480
Stoploss: 1585
