See the price behave in big regression trend, it is for long investors how they catch sight of it. There are always two scenario in the stock as we always see, The first thing is that the three regression trend i have plotted inside the big regression trend, the two regression are in "UP" direction trend and the last one is in "down" direction. So can be...
Everything mentioned in the chart.
Buy CIPLA 552.32 nearby Target 559.45 if cross this target then next target will 563 Stop loss 550.2
The price area confined between Rectangle in the chart above is the fair value area. You can see that price has gone three times above the higher limit of value that I have drawn on the chart and two times below the lower limit. These areas where price deviates away from value for a short period of time only to come back inside it is what I call excess price. Buy...
The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action. Shot TCS 2256-2258 nearby Stop loss 2261-2264 Target 2222-2219
Value creates support and resistance zones for price. The stock is following a down trend. It is on the resistance and can move down by taking its resistance. It also has a short term support. The volume stable. Formed a triangle in a down trend.
From the Parallel channel the price from down line always comes in the range. The price rotation occur in between the channel shown in the chat. Price breaks away from value to the upside and downside. INFOSYS may take the resistance as support and the value is low.
AUROPHARMA Breaks the resistance and moving continuously in up direction. Sellers can be attracted near 816-819 In the safe side Short Auropharma 806 with stop loss 809-811 Target 800-796.
The “5” value area is a shifting one.Its lower boundary coincides with the control price as you can see. Trading activity surrounding it from both sides. The control of the down trend is playing its role perfectly.There is great demand at value area low, where we see buying tails and excess every time the price reaches that area.