GAIL FORM DOUBLE TOP KIND OF PATTERN ON 4 HOUR CHARTS TO MAY FALL TO THE MENTIONED LEVEL. THOSE WHO WANT TO TRADE LEVELS ARE MENTIONED ON CHART
Three wicks confirm there will be reversal in coming days (unless there is any news)
TREND ANALYSIS & TRADE SETUP 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 3 to 8 times.
SUN TV, today test the demand zone and again bounce back from there, with a bullish hammer candle, it can go up to 500 level again( PREVIOUS SUPPLY ZONE), lets see whats big players are planning to do. ( NOTE- i dont use any indicator in my analysis, just pure price action.)
Tata steel could be a great buy if stock breaks 408 level, with target of 435, (previous lower trend line could act like resistance, profit booking can be seen) lets see what happen on monday.
Short Reliance With SL above 1570 Targets of 1533 1511 1500 1483 1470 1455
SEE THE TREND OF US OIL IT WILL TOUCH 59.10$ TO 59.40$ AND THEN AGAIN IT WILL START TO FALL TILL 56.30$ TO 56$ WILL SEE THE FUTURE MOVEMENTS : - >
TREND ANALYSIS & TRADE SETUP 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 5 to 8 times.