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See the long term chart. The stock is about to reach 540 lvl.
Please do not enter long now. The stock has strong attraction at 5 level.
One of the fund houses has asked to PUT at 361 and the effect is seen (on 22nd). Otherwise, this would have been towards its destination of 400+. Multiple resistances at 364.
How many handles will this cup have?? Keep stop loss at 77.
As published earlier, ACC is at neck line of C&H pattern.
If the break out is done, one can book profits nr 1300 partially. And, reenter low for target of 1400.
Wait for the break out!
Wait and see! Investors meet done today. Hope action starts as approvals are received for new drugs.
Present price movement range corresponds to that of 2015.
May be any future plans of TSL to acquire coal mines (FM announcement) will give new valuations.
As per Kumo twist strategy, buy recommendation is seen.
Will this mews give a fillip?
My reading is it will touch 600 lvls. in the coming days.Conclude yourself.
CHARTS SPEAK THIS. BREAK OUT FROM PENNANT AWAITED.
Please note : It is Rs 20 Lakh Crores.
6-10% upside seen. This is based on day chart. Some time will take for target to be reached.
Waiting for break out!
Do not SHORT, as any news positive about CORONA will take the market upside. Downside, already it is at low levels. Take positions.
Look into the fundamentals, before deciding.
Which direction ??