Good upside left. Its a long due breakout. Strongest in the telecom segment. This can double.
Watch for 200 EMA. It's a good reversal zone on weekly. The last candle has closed exactly on trendline with good volume. Target is clear on breaking the TL. Let me know your thoughts.
Reversal time ? Since SL is small, the risk to reward looks very promising. Your thoughts?
This counter has a lot of potential upside. Question is, will it break this resistance and survive above? If yes, then there can be good moves. Or It can come down for a final bounce on the pink trendline taking support around ~865 range.
A possible flag, or breakdown. On breaking down, targets are clear. On the continuing flag, the resistance region is clear.
A breakdown from support, retest, and down is the mantra for Coal India. But the last breakdown is not retested yet. Watch the red arrows and the pink line (trendline). It has got convincingly broken with volume and has also got retested. As said in point one, the retest of support zone close to 180 is possible. Another reason is, price is too far away from...