Support and Resistance
Trader's QueriesQuery : Can I buy HCL Tech?
Answer : Price action is nearing the support zone, but uptrend will get confirmed once the price closes above the trend line. Trend direction will be decided in coming days by the movement of price. Have to wait & watch whether the support will support the price or break it.
TAMO consolidation rangeSecurity is trading between 116 and 120. Upper limit is 122. Bulls will be active above 122 if sustained for 15 mins.
Bias - Bullish ⏫
Note - Please wait till the levels are active. View negated if stock is below 116 on closing basis. This is an educational idea which would be updated on further price action observations. In no ways it is a buy/sell recommendation.