Tesla has made dark cloud cover pattern near the top of trend channel. RSI divergence is also appearing on daily chart.if breaks low of 2186 then we might see 2025 and lower levels. 1650 is the zone where market had made breakout. It will now acts as support for the consolidation. Break of yesterday's high will negate the bearish view.
Buy Tesla in dip at 1560-1530 SL below 1489 (hourly closing) target 1800 & 2000. Or Buy above 1655 ( hourly closing) target 1800 -2000 SL below 1598
I know they both are related to different sectors but when people mostly talk about most hated bull run ,TESLA strikes in their mind why not reliance?? let me know in comments
we can see fall around 400 level in tesla
TSLA support is seen around 687 and may consolidate if support is strong at that level. If it breaks support it will correct sharply.
Tesla will going touch 242-258 range. Everything is mentioned in chart.
Tesla day chart analysis - Sell on every rise
This stock has been showing so much promise but there seems to be no impact on its ability to head higher . The last few weeks it has been attempting to tread to a new high only to meet with supplies. AFter forming a Type 2 negative divergence the prices are swiftly heading lower. Now with the breach of the support trendline we could be looking at some selling...
Institutional Demand as the prices gapped from the zone , indicating huge unfulfilled buy orders stop loss once it pierces pink target 1 : 3