A shooting star is formed with heavy volume. This could be a good shorting opportunity below 418.
Moving near value area. Might give either side opportunity. Worth keeping a watch.
Seems to be good short opportunity. Breakdown with volume followed by consolidation.
Stock is in good value area. Might give momentum in either direction. Worth keeping a watch!
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Seems to be HnS pattern. Might give a good move at breakdown!
As we have seen some pressure in both the major indices we noiced that Cadila was earlier facing resistance and now again after testing its resistance zone yesterday it reversed from its selling zones. so we can see some more selling pressure in this scrip..
Broadening Wedge and Bearish divergence
Moving in a channel from a long time. Might respect the area, giving long opportunity or might break lower end, giving short opportunities !! Worth keeping a watch.
trendline negative breakout with rsi around 30 . its time to go short
Crude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its...