You can add an alert for this level any Short term trading opportunity with less risk can be highly rewarding on this level.
Major support break down has been seen in this stock all eyes are on the closing of this week.
281 is a crucial support as we can see on charts ,For a medium term 281 level should be keenly watched I think breakdown of this major support will initiate a sharp sell off.
I think it is a good buying setup Hammer Formation exactly on trend line and just above support
Make or break situation ... keep an eye on it for short term
Will it be the next Rbl bank I think so. The trend line is the last hope who will believe once upon a time this stock was at 550 +
keep eye on this resistance zone as it very crucial
Very crucial resistance zone
Major resistance tested many time, now i am hoping for a breakout flag pattern formation consolidation breakout very short term trend is positive
It is looking a good buying setup Hammer formation ,Price successfully closed above the crucial support zone stop loss is small compare to the target, the stock is in a consolidation phase if this trade work out and stock picks up than a major resistance breakout can be enjoyed.
The resistance zone is very crucial keep an eye on it. As it is not a perfect HnS but still the formation looks promising the major trend of stock is sideways so ,hoping for a breakout let's see what happens.
The Support zone formed in hdfclife is a make or break level.
Biocon is at major support Consolidation is happening between 420 -- 370 Short term trend is down Closing below support can trigger a sharp sell off
After Taking recent high it can move upside sharply as on charts in any time frame it looks very bullish
Rectangle pattern, Vix is Low anytime the sharp rise in vix can trigger a sharp rally Flag pattern
Very tight consolidation breakout in any dirction is possible
There is a major support zone in daily charts where the price is currenctly trading Trend line is also very prominent so keep it in your watch list My view is bearish it it breaks down the major support zone the whole trend will get reverse.
overall metal sector booming The risistance zone tested more than 7 times very tight consolidation rectangle pattern major trend is bullish