Tata motors is at strong resistance. There is also support area where people are buying, So there will push from the buyers before the sell begins
Looks like BAJFINANCE is in a range. There chances of price spiking up and come back into the range.
thinking of buying and book profits at marked level, 1 hours is also aligning with trade so chances are there of going to top smoothly.
thinking of buying and to book profits at marked levels.
Shorting at resistence Entry - 270 Target - 267 Stoploss - 274
1. Candle - Bullish Harmani formed 2. Support and Resistance - Price at support 3. Volume - Volume above 20 days MA
1. Candle - Bullish Harami formed 2. Support and Resistance - Price at pullback from resistance 3. Volume - Volume above 20 days MA 4. Chart Pattern - Triple bottom at pull back. 5. Indicators - RSI - above 50 and growing
1. Candle - Bullish Engulfing 2. Support and Resistance - Price close to Resistance 3. Volume - Volume above 20 days MA 4. DOW Theory - Trading Range?? 5. Indicators - RSI - climbing to 70 MACD - Crossing redline 6. Risk ratio greater than 1
1. Candle - Bullish Engulfing 2. Support and Resistance - Price close to Support 3. Volume - Volume above 20 days MA 4. DOW Theory - Price within the Trading Range 5. Indicators - RSI - above 50 6. Risk ratio greater than 1.5