For the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
upl current price is 446 and create the rising wedge #pattern in the 1-hour timeframe and now ready to come to the down and sell near 449-453 with stop loss 459 and #downside target is 442-435-425. In the #upperside resistance is 463-467 cross this #level and stay above then easily come to 480-495-510+.
Also, awesome oscillator shows the weakness and below the 0 line.
CONTINUATION GU - FROM 1.25500-1.25700 REGION
LOOKING TO GO SHORT GU FROM OUR BLUE ZONE WE HAVE CONFLUENCES THAT AT THE 1.25500-1.25700 REGION WE COULD SEE SOME SORT OF SELL OFF IN THIS REGION WE HAVE 61%FIB ALSO A TREND LINE AND TWO PRICE GAPS THAT HAVE TO GET FILLED UP IN THIS AREA
ALSO WE HAVE ELLIOT WAVE WHICH LINES UP PERFECTLY WITH THE 4 WAVE I THINK...
Two days before, posted a Sell signal of Asian paints before breakdown of WEDGE pattern, those who entered made good profit.
here is another chance to enter....
Major support zone - 1595 to 1600..ENTER only if it breaks otherwise a reversal can be seen.
Sell below 1595
Target 1- 1580
target 2- 1570
target 3- 1560
SL- Use strictly Tight stop loss according to...
The Stock is going to fall tomorrow because:
1)There is a gap down which needs to be filled.
2) Moreover the price is moving in a downward Channel.
All levels have been indicated.
your suggestions would be appreciated , follow me if you find it useful!
Apollo Hospital Sell below 1260 for a target of 1215. This is the 4th time it has reached the resistance level. Resistance has become weak as this is the 4th time it is testing it. This time it will break as the NIFTY trend is also negative.