Why this Trade..??
Bullish Because...
1.Buy Pressure at Last candle @ Support
Bearish Because...
1.Inverted Cup & Handle Pattern
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Bank nifty has fallen more than 3 percent last Friday and it is closer to 200 day simple moving average that is 35500 to 35700 zone... Please note it's not a line it is a zone. Any stock or index should respect it technically atleast a pull back for a day or two. So it's better to buy long options like Dec monthly or Jan series far OTM options and exit with...
STOPLOSS 970 ON WEEKLY CLOSING
FRESH BUY OR ACCUMULATE FOR 20%
PRICE ACTION.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Sequent Scientific is in Animal Pharma API business, it is a very strong player in a relatively small industry. The stock is currently at its 61.8% retracement level. The stock should take support here, however, expect a time wise correction now in this counter. I remain Neutral but this can be a good accumulation zone if the levels are held.
