Sell on rise for a target of 526-25 zone with a stop loss of 566.
Sell whenever the channel breaks for the downside target of 600. If it goes look for the level of 550/525
Failed to sustain above all time highs. Stock is suggesting a corrective wave sequence of ABC which will give a target around A=C that is the recent lows again. Sell on any rise & hold. Invalidation would be only if it holds above all time highs on weekly time frame.
STOCK IS PREPARING FOR ITS 5TH WAVE DOWN OF 1-2-3-4-5 PATTERN FOLLOWED BY A RECENT CORRECTING MOVE OF WXY FASHION. ANALYSIS IS MENTIONED ON THE CHART. IT IS SELL ON RISE TIL IT HOLDS BELOW THE LEVEL OF 1280. FOR THE DOWNSIDE TARGETS OF 850/700 & BELOW 700 IT WILL SLIDE MORE TO THE LEVEL OF 600/500.
analysis mentioned on chart.
analysis mentioned on the chart
CUP & HANDLE BREAKOUT, TRENDLINE BREAKOUT, ANALYSIS MENTIONED ON THE CHART
analysis mentioned on the chart.
analysed levels mentioned on the chart
analysis mentioned on the chart.
Formation of an impulsive wave having 4th wave already completed. Currently the stock is trading in the 5th wave which is expected to be completed in the zone of 35-34. The idea will be invalidated if the stock sustained above the level of 86 till then it is sell on rise candidate.
analysed levels mentioned on the chart
After an impulsive action, The stock needs a correction. Analysis mentioned on the chart.