Trend Lines
COPPER JULY FUTURE SHORT BREAKOUT.Hi,
Buy above 460
Sell below 427
Which side Trend line(support and resistance) is break, possible take entry that side..
Thanks.
Nifty Short_will it break 9000 once again? Edu Purposeif Nifty breaks and sustain below trend line & FIBO support then next stop would be 8800.
Explanation about how parallel channel work:Stock first Chance the trend with heavy volume and then price has consolidate in a horizontal parallel channel.
A horizontal channel is formed by two parallel horizontal lines that frame the evolution of the price.
The upper line is called the "resistance line".
The lower line is called the "support line".
A horizontal channel is confirmed/valid if it has good oscillation between the two parallel horizontal lines.
The stock has break its channel with heavy volume and now forming a new channel.
BALAJIAMINES broke support TrendlineIt broke the second support trendline also. now it is heading towards next support level which is around 333. we can take the directional trade once it reaches that level, based on price action.
reliance setup buy sell level as per hourly frame Reliance in daily chart given breakdown at 1430 zne fter a consolidation from 1466 to 1430 zone from 3 days
now after breakout on downside , trading at 1410
now
important level to note is 1430 /1440 on upside while on downside now its open for 1350 /1340 level.
Upside resistance at 1440 /1460 zones .
Fresh upmove only if close above 1490 for 1650 zone.
Important level
downside : 1350/1340
Upside : 1445/1460
intraday tradng wise physchological level important .
Tell me who dont now Asian Paints All we need to look around our surrounding to find multibaggers nothing else
And some technical knowledge that's it
