1.downside from diagonal resistance 2.insidebar 3. need confirmation
BAJAJ FINANCE look bearish on weekly charts. will see 3000-3050 level in a month or two.
As the purple line indicates support and the price is moving near to it. But if the price crosses the red line then there is a confirmation of shorting it. May be 115-109 seen. I may be wrong please do your own analysis. I don't have any positions.
IBULHSGFIN (Indiabulls Housing Finance Ltd) SELL BELOW 383
JINDALSTEL (Jindal Steel & Power Limited) SELL BELOW 103
TATASTEEL (Tata Steel Limited) SELL BELOW 359
TATAMOTORS (Tata Motors Limited ) SELL BELOW 118
This pair is trading in a clearly defined bearish channel, and the current price is close to the resistance trendline. One warning sign in contrast to the overall bearish picture is perhaps today's (Thursday) rather bullish candle. However, since the price is still below resistance, the downtrend remains intact and additional bearish signals that appear here...
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 8 to 12 times.
PFC (Power Finance Corporation Limited) SELL BELOW 100
TATA POWER (Tata Power Company Limited) SELL BELOW 62.8
YES BANK (Yes Bank Limited) SELL BELOW 53
PNB (Punjab National Bank) SELL BELOW 62.5
MOTHERSUMI (Motherson Sumi Systems Limited) SELL BELOW 107
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 8 to 12 times.
facing strong resistance near to wedge pattern good risk reward