Sellsignal
Shorting opportunity in tataglobal beverages to make 10% profit if the stock price goes below the red line then sell the tataglobal beverages and book profit when the price reaches green line
Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis Nifty index continued its formation of higher highs for six consecutive session and headed towards 10400 zones. What Recovery Bulls done holding its area 10100 then with power recovery strategy and consistent victory over bears made Bulls to find place as strong winner at this level 10390…. It formed a Bullish candle and closed above its 50 DEMA on daily scale.
Now the Phase is Bulls short term recovery harms Bears a lot but this is the Last time and area to recall Bears power to prove himself to Roar and take control on BULLS again, it will take time to shed of BULLS Power. For Nifty Index, it has to continue to hold above 10343 zones to extend its move towards 10448 then 10469 zones while on the downside supports are seen at 10343-10298 levels
As The Month of April Full of Action going on in Bulls Favor …will Bull Power gain with Financial Results of last Quarters? Or Bears would drag Bulls to NEW Lower Level of Previous Month?
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Sachin
DLF: Short term viewDLF CMP 184.40
The stock is retracing after testing its 76.4% levels at 194 odd levels
Last time too the stock reversed exactly from 76.4% retracement levels....
Will history repeat itself...???
Based on observations the stock is likely to continue its down movement
Target 173 / 166
TC & safe trading...!!!