This value area channel has completely in tight trend. Support at 30234 nearby exists which can react with smaller penetration. There is require big -ve new to break this channel, therefore I am thinking for U-Tur n nearby the support.
There is excess which i alway prefer to trade. An excess is at value high therefore i suggest you to short this stock at higher level such as 680 nearby. This is holding call for 10-17 days for target 638-607.
Honestly, I am not sure that its an excess or a breakdown but, volume is normal. Normal volume indicate that, if price not bounce OR not create a TAIL before the close then its breakdown. Let wait and watch this closey for learn. Yes traders and investors eye will look for this stock to buy at this area 265-268 is great to buy with stoploss 265 below and...
I put an alert for ITC to buy at 268. Do you remember what i have done for you? Click URL:
Buy ITC 268 above is not worry for target 278 nearby and if the cross and close above 278... then spike up to 286-292. This stock is really good for investors. Let me show you the daily chart with projection.
The protective stop should be below 1297 and target mentioned in the chart. Daily ATR is 36. Open at 1361 and low 1267 1361-1267 = 106p (intraday moved)
A " Spike " can generate after breaking-out area between Value High to Contro Price . The " control price " always attract value toward it. The intraday Resistance 12003 nearby and Support 11936. There is actually two channel, One is a " major channel" which is still exist because its an excess. If the price starts to fall then, we can more and more...
There is support range 31110 to 31060 . If suppose trade 31060 below will give super fall. If you remember my last update, BANKNIFTY exactly has taken support exactly from my (x) support. Now It's at support and or more slip downward.
As per time TimeCycle , we are very near for pullback. At any up spik e, sellers will active for selling.
Nifty closed at Resistance 11925 with double top formation. If everything is fine, then the target will 11966 above and support can work as 11885 intraday. Suppose to anything change, you will get ALERT/ NOTIFICATION if you hit LIKE button. Long side trading preferable with using strictly protective stop.
Banknifty is the support of Control Price 31065 nearby. There's a chance to work this support 85%. Remember Today is a Friday.
I am trying to publish since 15 min. but There is something wrong my internet or in trading view. it's little late. Selling at a value high it good. Resistance 11912 to 11894. Hit LIKE button for realtime N OTIFICATION. (GST) for June stood at Rs 99,939 crore. It slipped. Rupee settles 9 paise higher at 68.94 against US dollar.
Suppose this is an EXCESS , the price will move to CONTROL PRIC E. Another side, If not, then support is at Upper_Band.
Short at higher level. For instance, 772-778 Protective stop is above 780, target are good 732 and 723.
Chart Projection might be required to correct. Something is cooking which cannot see by normal trader's eye. After the big move, the price will its own normal channel. The market is not going to close permanently, therefore don't get hurry with greed or get fear. Gap up. Price Rejection. Fundamental points to be considered for traders: Media believe,...
Price trading at value low with created an excess. Waiting for the tail to enter the direction of the long side for target 294 nearby. Buy in a dip(when down spike) 268-269-271 are a good level for entry.
Buy at excess is good for traders. Wait for down spike intraday and buy this stock 276 nearby or more dip.
There is a change in channel and today's target is 1130 to 11950 Sellers will open their eye 11950 nearby for a pullback at 11870. Hit LIKE button for live ALERT for sell.