#NLCINDIA
#Buy 88-89
#Target 115
#Stoploss 80 DCB (Daily Close Basis)
#ShortTerm (upto 3-4 Months)
Stoploss - 80 DCB (Daily Close Basis) means if Stock close below 80 value at 3:30PM (Market Close Time), then take exit at Next day
#INDUSINDBANK
#PA CHANGED
#Buy 1010-1018
#Target 1240+
#Stoploss 966
#ShortTerm (upto 3-4 months)
Price Action Changed and we can also say that INDUSINDBANK also overcome from his long 4-5 months Resistance level.
NSE:TATASTEEL
TATASTEEL OVERALL OUTLOOK REMAINS BULLISH
ON 17TH NOV,PRICE OPENED GAP UP AND FORMED A STRONG BULLISH CANDLE WITH HUGE VOLUME
BUT AFTER THat PRICE STRUGGLED TO MOVE HIGHER,VOLUME ALSO ON DECLINING SIDE
AFTER WHICH PRICE STARTED TO RETRACE ,AT FIRST WITH EXPANDING VOLUME ,THEN ON EXTREMELY LOW VOLUME
THERE ARE TWO POSSIBLITIES,EITHER
...
According to this Analysis the Upward trend is over(Higher Highs)
And it starts Making Lower Lows. Analysis through Elliot Impulse wave.
Confirmation of lower trend - Fake upward Trend was seen @ !6 July 2020( Dows Theory ) i.e. confirmed by the volume.
Time to Short The Share.
Its Just our Analysis not the Recommendation to Anyone.
Thanks.
