There're two scenarios created by NIFTY.
Previous support 11816 existed.
Control price attracting value to 11841.
Sellers pressure will lead price toward value low at 11802 nearby.
We will take accurate action very soon if you want REALTIME alert, HIT LIKE button.
Stock exhibits sustained weakness in Weekly time frame. Falling Trendline holds valid and rejections have been pretty strong whenever the stock hits it.
Currently the stock has hit the Trendline again wherein we could also spot 38% FIB retracement adding strength to the resistance.
Though the above points guides us to take a strong bearish view, we need to be...
RH Long term trend is up. It is currently at the long term support of 100 as can be seen by the blue area and the green trend line also confirms it. One can go long above 106 or short below 95 depending on further price action.
hi traders indial bulls looking weak .....go for short it is breaks suports your target will be 729..enjoy the trade ....if it breaks trend line see for the volume it volume is more go for long . thank you
HI TRADERS THIS IS MY 3RD ANALYSIS AS PER ME PC JEWELLERS ARE BREAKS THE RESITANCE AND CAME DOWN . IT IS BREAKS AGAIN GO FOR LONG
WAIT UNTILL RESITANCE BREAK . RISKY TRADERS GO LONG . THIS IS PURLY MY OPENION NOT FOR ADVICE . THIS IS FOR EDUCATIONAL PURPOSE ONLY FINAL DECISION IS YOURS .