#ASIANPAINT #daily
- Any price drop to support zone and trendline will be good buying opportunity
- If market sentiment is -ve, then wait for correction till 50EMA
- VOL has been good
#trading #priceaction #investments #tradingview
Do not trade in between 36060 - 35885
Buy Above 36060 for the Targets marked on Chart
Sell below 35885 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price...
A weekly supportive level with a daily trend line that too supportive if both broken downwards cant give u good momentum unless a big gap down takes places with follow-up selling on it making it a gap down power candle (RED). Well, we can't see that happening here + it also has good resistance on the upper = it needs a big (green) candle power one with volumes...
axis bank has hit a strong resistance, likely to break down from these levels. go short at current level with SL of 645 and target of 520. all banking stocks are showing weakness, a correction in bank nifty and broader market is underway. however, since we are betting against the trend, follow the stop loss strcitly.
NSE:INFY
Infosys will declare its result tomorrow. Currently Infosys is around the strong resistance region marked in the chart.This is a very strong resistance as it was formed a long time ago.Even with Nifty fall today Infosys hasn't fallen much due to speculation around the result. Even after factoring the decline due to ongoing crisis Infosys has been able...
ABFRL SPOT CMP 139
TREND BUY IN DIPS (BOOK PROFITS. QUICKLY IF BOUGHT NEAR SUPPORT)
Weekly Support 130-110
If not broken We may see 180-210-220 soon
Stop LOSS: 110/120
