** Posting my opinion - Any difference of opinion is welcome ** Purely based on price action. 1) Head & shoulders pattern (Inverted). 2) Nice Volume near the neckline.
** Posting my opinion - Any difference of opinion is welcome ** Purely based on price action. Since the second one is continuation candle, there is less possibility of retracement to support level
** Posting my opinion - Any difference of opinion is welcome ** Purely based on price action.
** Posting my opinion - Any difference of opinion is welcome ** Wait for potential breakout and retracement to enter
** Posting my opinion - Any difference of opinion is welcome ** Why to invest: 1. Good profit growth lately. 2. Taking support on channel pattern again after a try in Jul (sharp selling seen) but now more a sustained movement towards all time high. 3. Good risk reward ratio Why not to invest: 1. Sharp selling during the month of Jul'21 2. Low revenue...
** Posting my opinion - Any difference of opinion is welcome ** Why to invest: 1. Moving towards 132 levels (good support). 2. At the brink of channel pattern. 3. Very tight SL Why not to invest: 1. No big volume seen recently. 2. Fundamentally weak. Take your own call.
MY VERY FIRST ANALYSIS / CORRECT ME IF AM WRONG PLEASE VALIDATE AND GIVE SOME SUGGESTIONS ! Previous support levels resistance level is broken along with a small rally. Since LTP : 27.75 Entry price : 28.00 Previous resistance level is found to be at 30.3 so Exit price is kept well below it as Exit price : 29.8 Stop loss below previous support level of...