Mutliple times tested the resistance of the Pattern. Volume also seen increase in the recent time which were in Green candle.
Find the Resistance and Support, Due to High Selling Wick in all previous swing high, we can consider it as Very Strong Resistance. and recent price hike doesn't have any volume spike, so this time too it kiss the resistance line and would fall down. We can go short
Hero Motor is good at this current support, Multiple times it tested the Support. Bullish Harami - Big Bearish Candle at fist, followed by a small bullish candle at the middle. It indicates that selling is over and there is a high probability of the Price going Upward. RSI is 37.90 indicates Over Sold, So good chance for a reversal trend
1. Support: HUL have good Support at the current level, 2. Price Decreases - Volume decreases Indicates - its not in Bearish 3. As it is not in Bearish and bottom of the Channel, Reversal would take place. 4. RSI shows "Over Sold" 5. We can see 3 Targets. i. Recent Swing Resistance Line ii. Recent Swing High iii. Channel Top 6. Resistance - Can be...
Result-driven, Bounce would happen from the Current Support
Channel will be broken. We can go for Long Stop loss : 185.75
Ramco will fall, expect 5-10% down within a couple of weeks
Coromandel buy above 890 Triangle patten Strong resistance at 890, so buy above 881
Crompton is not good, so short below 472.45, Already broken the triangle pattern, Short at 472.45
CUB Price will fall the Resistance Strong Resistance at CMP Previous Candles at the Resistance which have POWERFUL BEARs As there is no volume, the price will go DOWN
Not good for Long, Broke the Trend line Better wait for the trend direction and take the trade
Price and Volume Relation shows Healthy Down Trend Triangle pattern would break down..
Will Fall... Selling Wick at Resistance won't make the stock go UP
Price will come down and reach the Support. As So many Selling wick are at Resistance.
It will travel for the full swing Good for short investmentent
All-Time Breakout going to Happen. Enjoy the Furious Ride 5-10% is 2 weeks time
Good Volume Increase in Recent Week. Price and Volume Relation shows Healthy Uptrend
Bank of Baroda is good for short time investment, It is at the bottom of the Channel.. it will move towards the top of the channel