SumairShaik

SumairShaik

Weak Below 309 Strong above 319

SumairShaik

PEL at critical support

SumairShaik

Important areas are marked....Trade can be initiated at break of the structure

SumairShaik

Depending upon day's strenght buy/sell can be initiated ..Important zones are marked on the chart.

SumairShaik

Titan at a critical support.. Breakdown of 1450 will see 1400-1410 levels.

SumairShaik

Supoort area may be tested at Breakdown of 1650 levels

SumairShaik

1.Can be traded at resistance breach above 970. 2.Can be short upon TL BD , it may touch support of 940.

SumairShaik

Can be traded either sides with BD/BO.

SumairShaik

1hr TF has hammer or Morning star kind of pattern to add confluence

SumairShaik

Grasim can be weak at TL BD... Rejections can be seen at high levels , can be a good candidate to sell below 1432-30

SumairShaik

To increase winning probability..Check for expanding Volumes at BD/ BO.

SumairShaik

Take trade as per price action

SumairShaik

Other keypoints to note: 1.Double top formation: Look for buy only if the resistance is broken or the Double Top is made invalid. 2.If the stocks shows bearish sentiments then look for sell as the Double Top is made valid.

SumairShaik

Follow Price action while taking the trade. Trade with strict stoploss. Point while considering the Breakouts is the increase in Volume at Breakout levels ..

SumairShaik Updated 

Please consider Price action before jumping into the trade.