Price is falling as expected, I hope this is not initiated mov e. If this is an initiated move, then we will see respoinsive move or result to up side move.
More... and More view can help for these type of stock... Personally I want to enter in this stock ... still waiting... what is your think?
SBICARD - listing below the ipo price
The " price rotating " while volume is increasing that will result you big and surge move in single direction . 70% chance is break up and made new high because of above statement. I don't suggest taking any action in this type of uncertain case . Our First target has been achieved of short position :
Low Rs. 33.85 (Support Rs. 33.35 ) Created high Rs. 42.7 on Friday . Little correction in easy target Rs, 43.35 Hope, you enjoyed this analysis:
Below URL has complete trade setup for TATAPOWER , Low of TATAPOWER Today is @33.85
Complete research is here.: Please comment if you want research on any currency.
We are seeing nifty falling wave . I am writing for many days, the market is weak and only weak . DONT THINK FOR BUY that time.
Daily TimeFrame : Pattern name, Double top The prior trend was an uptrend. 2nd peak has less than 3% penetration compare to 1st peak which is valid for the pattern. Gap has seen in second peak. Neck Line is clear at 26576. A trough is rounded as per Double Top required. a decline in the second peak with accelerated descent ...
Events and reaction : coronavirus infection in China co-relationship of global markets Technically, the channel is strong and support is at 10945 and 10740 . I've also added TimeCycle to find date of reversal.
Two days ago I told you clear and clear that there is "No help for nifty" . Last today I am updating for nifty "Don't take long position in nifty because there is still no any sign for positive" I think that we will see here a false breakdown, therefore be careful about long side till. You need patience for the downfall. This the close updated NIFTY:...
This is common research about past activities and footprint of nifty
Support 1137 nearby Final Support 1061 nearby If price fall heavy, reversal is possible. The tail is an important role in this stock for confirmation of direction. We have already seen tail last week but it's little smaller. 1242 is first target and last one is 1352 but the expected time will be too far for last target.
I told you that this stock has bottomed out @87. now it's trading 99 nearby. I hope you enjoyed this small observation. Today, I am panning to work for nifty. Ref.
Triangle Channel Flag pattern The resistance of the channel 908-922 range .
Stock looks good for long with a range of trade 471-493 . Obviously rage is too long and far, therefore I suggest trade anywhere is your own stop loss for long. Easy target 546 and 673 investors target. Trade SETUP example: 1) Buy 488 and, 2) next trade to buy at 473 .
Previously acted resistances 1) R 1256 (profit booking) 2) R 1319 (tradable) 3) R 1391 (final resistance) Psychological investors' memory and intelligence are something remember forever. The above 3 resistances mentioned in the past acted are the memory of investors who will repeat as resistance in the future. Example of Trade setup : 1st Trade:...