Although some stocks are better to avoid but you got to consider taking a trade when opportunity presents itself like this .
DHFL is expected to fill the gap as it is moving slowly and might fill the gap next week . Sell below 139 .
Conservative stop loss 142-143
Wide Stop loss 145 .
Expected 135 levels .
They are coming down in channel , usually it will move with in that channel , buying is bad idea , One can look for short selling in Futures
Currently its banned , it should be released once it makes some move up , Look for short selling opportunity
Had been falling continuously from the past 6 days, without breaking previous day high, today it has formed a second green candle + insidebar
Long only if the previous day high is broken with stop loss at previous day low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively....
Weekend lvl 6 + Inside Bar
Has been falling continuously for past 6 days and finding some support near 100 lvls. Today it has made an inside bar, so we can expect further downside or a rally on intraday basis.
Long above 123.70, SL PDL
Short below 113, SL PDH
If gap up or down, follow 5m ORB.
Broke down from the triangle . Chart is very weak.
Sell off on news. Will not stop until company come with positive news on accounting
More pain on charts. Sell on rallies
Though company is good, news are bad.
A private investigation firm cobra post has allegedly put allegations of siphoning 31,000 cr of public money.
I'm attaching the video link below.
the main point that should be discussed is, can we trust this allegation?
In my personal opinion YES!!!
the cobrapost have already done some serious sting operations which are also available there. We can not trust...
It was too bad a crash. Now it looks very ugly. Another breakdown. Sentiment is totally ruined. 75 points of consolidation broken on the down side means 100 may come in due course of time. In plain words, 700 becomes 100. This is joke. And nobody is laughing!!