Following the Pitchfork Use it for Short Term Support and Resistance.
TATAMOTORS Stock Bounced of from important Gap Support. Remain bullish till trading above 282 Critical resistance placed at 342 260 also a good support. If bought hold. Fresh entry can be done on small dips with tight SL at 280 on CLBS IF NOT 260 has to be the SL.
Remain cautious till trading below Trendline. Next important support near 150 zone.
It created lot of Doji's, Very volatile during the day Anyways , For medium term remain bullish till trading within Pith fork Breaking down may bring weakness. Use Pithfork for future support and resistance
For medium term remain positive till trading within the wedge. Weakness or trend will change if breaks down.
In downtrend. Important support around 72.066 Below this more bearish moves may come. Bullishness only once it breakout.
Stock is in Strong Downtrend. Keep n eye. Remain Cautious Till its below 351 Use Pithfork for Further Support and Resistance
UPL Trading in Pithfork, Use it for future support and resistance. Currently at resistance, Breakdown from Pithfork the stock may become weak.
Currently at trendline Support. But Trend is weak. Breakdown of trendline will bring further weakness Keep n eye, Strength only on breakout of this structure.
Good Breakout In Dabur Dips to 550 can be baught SL 533 on closing basis for slightly long term, accumulate on dips with SL on close below 490
At trendline Support, Further Breakdown will make it move towards next support zones marked.. Keep an eye.
Below 1375 this stock my try and test next trendline Support of around 1330 Next Major Support Levels 1300-1312 Zone/ 1258 All Good if you get a close above 1400 and start to stay above it for few days.
Stock has been trading in a range with 63 being an important resistance Keep n eye. Till staying above rising Trading Trendline remain bullish One can go long with SL as 53 on CLBS
Avoid Longs till its staying below 1630 Need to close and stay above it. Next important support around 1517
Stock has given a Breakdown from Wedge. For longs, Wait for the price to be back in wedge. Means it should start staying above 37 then one can go long. Till then avoid Staying above 37 will again try and touch resistance trendline.
Currently at resistance, Longs only when it breaks out of Pith fork and starts to stay above 78
Breaking down of Important Trendline Support on Weekly Chart. Interesting week Ahead, Important would be closing of this week. If its breaks down the support, Then todays fall is just a start of trend. Figures Crossed. What Say Bulls ? Would you be able to close this week above 14500???
Near Support Breakdown will open the targets to next Support Zones mentioned. Small rise to 33000 can be used for Shorts SL if stays above 33500. Upside breakout above 35000 if done will also open up good targets on upside.. Keep n eye