Gail is holding below 145 level which turns out to be a fake breakout (Incident). Indicating that we are about to form a Range and GAIL will fall back to 128 level towards the 4th touch of the range. This view is my personal opinion about Gail. Do your own due diligence :D View will negate if holds above 145..
I am anticipating that reliance is about to fall 1. Charts are looking Bearish 2. No strength in buyers 3. Sellers are dominating and market is range bound right now 4. Data Suggest that Big Boys making position on sell side 5. Option Chain Negative 6. I think it will fall around 400 points This is my view trade on your own risk and on your own study
ITC was bullish from 160 level but now it is consolidating within the range of 205-185. As we can see sellers are pushing the market down near 205 level, whenever the price touches that level heavy selling come into play. Right now i dont see any sign of buyers at current level and sellers push the stock down again and again whenever it tries to come up. So i am...
WE ARE IN THE SELLER'S MARKET AND ITS MAKING CHANNEL FORMATION IT WILL GO TO 250. BUYERS TRIED TO BREAK 280 LVL SUPPORT & RESISTANCE SO MANY TIME AND THEY FAIL SO ACCORDING TO ME IT WILL GO DOWN