This is daily chart of SUNTV on NSE (INDIA) with CMP @ 607.55. It seems to be a good shorting opportunity in the scrip based on following observations:
1. It is downtrend which is obvious from the chart. Counter trendline has been drawn which acts as resistance marked by arrows.
2. It is also observed that price tests EMA50 on retracement and gets rejected to ...
Ontology is about to breakout from triangle.
lets see in which direction it breakouts.
Keep it in your watchlist.
Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.
stock has reversed from previous high which has provided crucial support to the stock. It has retraced 50% of its current move also on daily chart it has given breakout from descending triangle if we go buy the measurement rule the next likely target for the stock comes around 1550/1600 with strong support at 1280!
HI GUYS EURUSD MAKE TRIANGLE FORM KEEP WATCH
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is ...
Hexaware chart indicates that it is on the verge of breakout (either direction)....
I would place a buy order at 223 for buy....
If it falls then i would sell at around 405...
Will update targets later once level is executed