If you get a chance to enter 550 below and lower low, it's great to buy.
We have found tail on control price.
We need a big spike on this stock for move 565-567.
We are seeing more excess at value low which indicates that, can break downward. This is a red flag.
Different of -ve and +ve points, CIPLA is good at 547-550 with strictly stop loss.
I have added me...
SBI looks fast on the weekly chart Volume down in throbac means that it will be lethargic for some time before next fast. The Daily Chart has broken out with the Bushy Flag pattern in SBI. This can go up in the coming sessions. Its RSI has shifted upward and before that it got a touch at 50 level. There has also been a positive reversal in the stock on the daily...
Weekly charts are really amazing to predict the future movement as there is very less noise. Might go incorrect but feel some rejection towards upside and if appropriate price action shows up, maybe a correction can be seen.
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
As discussed in in.tradingview.com
the counter has at last broken the consolidation and started the upward journey. Its for long term perspective, the counter will definitely give excellent returns in 2 to 3 years span.
Enjoy Trading...Trend is Friend...