NIFTY SELL TRADE There are chances that nifty can give the great sell trade
*Reasons for trade
1) price over buyed
2) There is rsi divergence on 1 hr timeframe
3) moving inside a channel pattern
4) price is going up but volume is contiously decresing
# make sure you set your own stoposs
#one can take trade ones market start breaking download
*Discaimler*
"Dont trade just on my idea do your own anaylis then decide you wanna take or not dont just
trust blindy"
# BEST OF LUCK #
Voulme
Breakout in PRECWIRE with volumeBreakout in PRECWIRE with volume
above 316
target 345-418
Good support at 218-188
relative strength showing in this stock against nifty
Market Cap-- ₹ 708 Cr.
Stock P/E --12.5
ROCE-- 20.4 %
ROE-- 13.1 %
Promoter holding-- 59.7 %
FII holding--0.16 %
Debt-- ₹ 29.7 Cr.
Public holding-- 40.2 %
PVR on weekly Apparently it is making H & S pattern , RSI looking good around 60 keep this stock on radar .