LOGIC 1) GLOBAL WEAKNESS 2) PREVIOUS SWING BREAKOUT 2) IN 15 MIN TIGHT CONSOLIDATION AROUND SUPPORT
LOGIC 1) TREND LINE BREAKOUT 2) MARKET SENTIMENTS NEGATIVE 3) AFTER MINOR SUPPORT BREAKOUT SHARP DRAG IS EXPECTED
LOGIC 1) FLAG PATTERN .. 2) SENTIMENTS FOR PHARMA SECTOR IS POSITIVE AS CORONA VIRUS THREAT....
THOUGH IT IS A LESS PROBABLE TRADE RISK REWARD IS FAVORABLE .... KIND OF SCALPING TRADE STRICTLY MAINTAIN SL
LOGIC 1) CONTINUOUSLY IN UP TREND 2) FLAG FORMATION IN SMALL TIME FRAME 3) PEERS LIKE EXIDE ARE UP , SECTOR IS UP
LOGIC 1) TREND IS STRONG UP 2) FLAG PATTERN BREAKOUT 3) NIFTY AUTO AND ITS PEER M&M IS MOVING UP
BHEL forming a double bottom and a piercing pattern both are reversal pattern it is expected that the trend may reverse for short term and try to touch the major downtrend line........
price is respecting the trend line so it is expected that it will again respect
THIS IS INVERTED HEAD N SHOULDER AND CUP AND HANDLE PATTERN...FOR HOLDING PERIOD OF 2 TO 2.5 MONTH IT IS A BUY
VERY TIGHT CONSOLIDATION IN THE FLAG.. SMALL SL TARGET
INVERTED FLAG PATTERN , SMALL SL BIG TARGET
LOGIC 1) CRUCIAL SUPPORT BREAKOUT 2) INVERTED FLAG PATTERN IN SMALL TIME FRAME
HOW BEAUTIFULLY SUPPORT BECOMES RESISTANCE AND RESISTANCE BECOME SUPPORT
AT ITS CRITICAL SUPPORT , RESULTS TODAY