Looking at the Gravitating line(Red), you can how there is an active attraction from 1 to 8.
The Price is moving toward the support level(225) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280).
The following points are confirmation for U-Turn.
The volume will decrease if stock wants to change the direction OR, Volume will be average vol.
We will see the tail end of last 2 candles after a surge in price (approx. upto 491.8)
The currently TATASTEEL is trading in up-trend, but time-Cycle(iii) is the negatives in time. The previous support can be...
By looking at daily chart shows a lot more clear vision of next moment for investors activities. The price is trading between value high to control price 1.
If the price starts to fall then the next target will be at previous resistance in 8595 and the gravitating target can be easy 8400.
Lagging or late fall then price can move up for...
USDINR after reaching its high level range 72.20 is trying to test -- support range of 71.20-71.40
Any break down in any levels may lead to the further down levels of 70.48.
On the Resistance side, it may test 72.53 & 73 levels in the coming days.
Be Cautious with each trade.
1. HDFC is forming an triangle on the top.
2. Triangles are 50-50 they can breakout and breakdown and keep the direction continue.
3. Taking a short trade on the edge of triangle provides you better Risk:Reward Ratio.
4. Mentioned target is small because of a support trendline is coming up there, if it breaks down that trendline in upcoming week than it can go...
THIS STOCK IS NOT IN A DECISION FOR LONG OR SHORT. STOCK IS GOING SIDE WAYS. STRICTLY FOLLOW THESE LEVELS. AFTER BREAKING THIS SUPPORT AND RESISTANCE STOCK CAN GIVE MA MOVE.
COMMENT IF ANY QUERY FOR THE SAME.
Yes Bank the real wealth Destroyer which comes into effect after the corporate governance and NPA issues.
With its mediocre June Quarter Performance stock is all set to make a low.
On Friday, Yes Bank enters below the Half-century zone. The Diamond has started losing its fade. Here's what the technicals has to say..
At the current levels of 48-49. Yes Bank has...