IEX is on a clear uptrend and constantly retracing to 0.618 and 0.728 after a short rally.
Now at a position similar to candles on sessions of April.
Expecting a good move after a pullback to 350s.
Expecting target 400 in 20 sessions
SL below 340
After months of consolidation, TataMotors broke its resistance, retested and now ready for a rally.
Can be confirmed with increased volume, Also have a chance for consolidation over the support.
Safe to hold if it stays above support.
Study and trade
UBL, after crossing the resistance, took support and showing signs of an uptrend.
Also at its swing low in the uptrend channel.
Target below the strong resistances.
Study the chart and trade.
Wait for further retracement to support for a safer entry.
Now ready to fire.
Expecting a good upside move in the coming weeks.
Stock may consolidate but is safe if it close above 93.
Target 1 is 108.
Once it breaks 108, it can fly.
News related can make the market weak