late upld .... just stay away from this script on long side
FALLING WEDGE IN RISING PRICE :- BULLISH SIGN FOR THE STOCK .......LET SEE
UNDERPERFORMING STOCK - Price broken the important support level and pullback to retest the support but now support becomes resistances and with a HANGING MAN CANDLESTICK which is bearish reversal candlestick pattern , this is my analysis i m not suggested to trade on my analysis ....
SYMMETRIC TRIANGLE ....
TARGET AROUND 480 , 1.618 FIB LVL ....PRICE ACTION TRADING
YELLOW LINE SUPPORT AREA , IF IT BRK THN PRICE WILL BE FALL , NIETHER IT WILL CONTINUE IN UPSIDE ....PRICE ACTION TRADING ....
YELLOW BOX SUPPORT OR DEMAND ZONE ....PRICE ACTION TRADING
PRICE TRADING INTO A CHANNEL ....
Price facing RESISTANCE at the current with the DARK CLOUDCOVER CANDLE , which is indicating that price will be go down somw time ....once again this is only for EDUCATIONAL PURPOSE , NOT SUGGESTED TO TRADE ON MY ANALYSIS ....
In chart price makes lower high lower low formation after a pull back price facing RESISTANCE at current lvl , at this lvl RSI 14 and STOCHASTIC makes BEARISH HIDDEN DIVERGENCES , which is showing price will be countinue it downtrend ........once again i m not suggested to trade on my ananlysis ....
Price coming at support lvl , aftr taking supprt at supprt zone it will be bounce ....once again it is only for educational purpose not suggested to trade on my analysis ....
Price taking support at DEMAND LINE ,
As we can see price taking support at the trend line , now it time to complete D wave ....
Price is in uptrend and going up to the E point ....