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 . Scenario 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. Scenario 2: Lagging or late fall then price can move...
Look at the chart, We are seeing TAIL at the bottom. A lot of weakness that come if ignored TAIL . I'M ALSO LOOKING FOR BOTTOM . Positiveness is base o TimeCycle for the daily chart.
If create TAIL nearby the 555, then short this stock preferable for first target 549.
Double top chart pattern with negative tail at the 2nd top almost confirms the short ........assurance comes from divergence also with different indicators....may follow
Short Reliance 1343 nearby. Stop-loos 1346 nearby. Target 1331 and 1326.
Short bajaj auto nearby 3096 it has made tail and on the high... stop-loss 3109 nearby. Go for the target 3071 and 3049.
Tail it has all the characteristics and underlying implications of the excess price, but is stronger. The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action. Because less time spent shows greater rejection. Observe how price goes above value and spends there the...