The price trade under the "sleepy channel" in where price has low momentum target 9596 if continue trade 9200 above.
unsafe 8915 - free fall if price trade below it.
Nifty is still trading into trending channel.
DRREDDYS openned with Gap up and broke n line(b ). Selling above line(a) is not bad idea.
CMP 3386 with high
--> 3386 + 182 = 3568 R
Suppose to create tail, then resistance 3455.
Steps to sell=:
The right time is important for trade. I would like short this stock again but what are time and level trade. Kindly wait for an update.
On the weekly chart, you will see the tail on the ESCORTS. we might see again 908-932 level for short. PUT is the great idea to trade but you have to wait for it.
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GAIL INDIA LTD NSE: : GAIL : Long & Short Analysis
Upper Levels : 330 ,332 , 335 ,337 , if breakout trendline then next stop at 341
Lower levels : 323 , 317 , 314 , if ssutains below 314 then next support at 311