IF IT FOLLOWS THE CHANNEL, THEN TARGET AND RESISTANCES ARE MENTIONED IN THE CHART.
OBSERVATIONS ARE POSTED IN THE CHART.
ONE MAY CONSIDER IT FOR INVESTMENT PURPOSE WITH 15 - 20% RETURN.
EVENTHOUGH THERE IS A BUY SIGNAL IN THE DAY CHART (BULLISHNESS), MARKET'S BEHAVIOR IS IRRATIONAL. HENCE, IT IS BETTER TO ENTER AT 935 LVL.
IT IS OBSERVED THE PRICE MOVED UP AFTER TOUCHING THE TREND LINE, BOTTOM. AND, DURING THE LAST HOUR BUYING AND PRICE MOVED UPWARDS. WILL IT CROSS 524, THIS TIME???? TRADE WITH YOUR PWN STOP LOSS.
AS PER NUMBER THEORY, A REVERSAL IS EXPECTED. BUT, IS THE MARKET CONDUCIVE? I THINK, IT SHOULD HAPPEN. TARGET 206 IMMEDIATE. DECISION IS YOUR'S.
My personal observation: Whenever an MF buys into stock and the news comes out in the media, the price declines rapidly. It falls in such a way that, terrifies the small investors and makes them so frightened not to have a thought of entering at lower prices also. One day, you will see breakouts. Let me reconfirm with this one also. PS : Observe, ICICI Pru,...
WHEN IT WILL REACH?? A LOT OF PLAY IS GOING ON.
LEVEL SHOULD HAVE A MINOR SUPPORT AND THEN REACH THE SHOWN LEVEL IN THE CHART.
WILL IT REACH THE 1128 LEVEL IN THE COMING DAYS?
AS POSTED TCS WENT TO REACH THE TOP LINE OF THE CHANNEL. IT IS ON IT'S PATH TO REACH THE LEVEL SHOWN IN THE FIGURE.
UNLESS UNTIL SOME POLITICAL ISSUE DEVELOPS, THE TARGETS FOR NEXT WEEK.
Pattern and equilibrium prices suggest the target at 758 and lower also. Stop loss at 830.
Targets mentioned in the chart. What could be the reason?