AS YOU CAN SEE BLUE LINE ON TOP IS LONG TERM TREND LINE WHILE RED LINES ON CHART AND STOCHASTIC ARE SHOWING ( FOR NOW) BEARISH DIVERGENCE BUT DIVERGENCE WILL ONLY BE CONFIRMED IF CANDLE CAN NOT CROSS RED TREND LINE AND STOCHASTIC AS MENTIONED WITH RED RECTANGLE GIVES BEARISH SIGNAL MEANS RED LINE OF STOCHASTIC CROSSES BLUE AND GOES ABOVE BLUE THIS WILL THEN MEAN...
MOVING BETWEEN CHANNEL LINE NOW IT IS ON LOWER LINE AND SHOWING BULLISH DIVERGENCE SHOULD GO UP FROM HERE STOP LOSS IS 567
FINALLY TODAY NECKLINE BROKEN ON CLOSING BASIS NOW 50 % FIBONACCI LEVEL IS MAJOR HURDLE LETS SEE WHAT HAPPENS
IT HAS CORRCTED FROM RIGHT SHOULDER TARGET IS GIVEN FOR SHORT SIDE 2065 GOODLUCK NOTE: FOR EDUCATION ONLY
IT IS CURRENTLY SHOWING BEARISH DIVERGENCE WITH STOCHASTICS IT MAY COME DOWN FIRST TARGET IS 396 AND FINAL TARGET IS GUESS WHERE 376 WHICH IS NOT DOUBLE TRIPLE QUADRUPLE BOTTOM IT IS ACTUALLY quintuple BOTTOM AS YOU CAN SEE ON A WEEKLY CHART 5 TIMES BOTTOM HAS BEEN MADE AT THIS LEVEL MARKED BY ARROWS WE CAN GO LONG ON THIS LEVEL FOR SURE GOOD LUCK NOTE: NO ADVICE...
AS YOU CAN SEE LONG TERM TREND LINE ON TOP MANY TIMES STOCK HAS TAKEN RESISTANCE FROM THIS LINE AS MENTIONED WITH RED ARROWS NOW WITH GREEN ARROW ON THE RIGHT STOCK STOCK CROSSED THIS RESISTANCE AND CLOSED ABOVE IT AND CAME BACK AGAIN TO THIS LINE AS SEEN WITH SECOND GREEN ARROW THIS TREND LINE WORKS AS SUPPORT NOW AS ONCE RESISTANCE BROKEN BECOMES SUPPORT FIRST...
THERE IS A GAP AS MENTIONED AND IT HAS TO BE FILLED SOMEDAY WE CAN GO SHORT AFTER 30 MINUTE CANDLE CLOSES BELOW 739 TARGET IS WRITTEN FOR SHORT SIDE 685 APPROX
AS WE CAN PREDICT NOW IT IS MOVING IN A CHANNEL NOW THE TARGET MUST BE LOWER CHANNEL LINE MENTIONED WITH ARROW LET A 20 MINUTE CANDLE CLOSE BELOW 258.65 GOOD LUCK STOP LOSS 262.70 NOTE: TRADE AT YOUR OWN RISK
AS IT POSTED 93 % DECLINE IN SALES YESTERDAY WHICH IS VERY POOR WE CAN EXPECT GOOD CORRECTION MY FIRST TARGET IS 70 THEN FINAL IS GIVEN WITH ARROW GOODLUCK AND ALSO IT TRIED TO CROSS 50% LEVEL OF FIBONACCI BUT MADE REJECTION DOJI CANDLE AND CLOSED BELOW THAT LEVEL THIS IS ALSO GOOD CONFIRMATION AS MANY STOCKS CORRECT OR BOUNCE OFF THIS LEVEL AND THIS LEVEL SHOULD...
IT IS RESPECTING CHANNEL LINE GO SHORT A LITTLE TARGET MARKED WITH ARROW STRICT STOP LOSS IS UPPER LINE SHOULD NOT BE BROKEN ON CLOSING BASIS NOTE: FOR EDUCATION PURPOSE ONLY
IT IS AT CRITICAL FIBONACCI`S 50 % LEVEL WHICH SHOULD NOT BE BROKEN IF IT BREAKS TARGET FOR SHORTS ARE 702 AND 678 PLUS IT IS MAKING ASCENDING WEDGE PATTERN IT SHOULD CLOSE BELOW LOWER TREND LINE ON CLOSING BASIS OF WEDGE TO CONFIRM DOWNTREND GOOD LUCK NOTE: IT IS MY PERSONAL VIEW NO ADVICE TO ENTER THE STOCK
ITS FINAL SUPPORT IS LOWER TREND LINE OR EMA 50 THAT IS 1117 IN WEEKLY CHART IF IT CLOSES BELOW TREND LINE PLUS IN FIBONACCI RETRACEMENT IT OPENED AT 50% LEVEL AND FELL TO 38.2 LEVEL 1147 IS SUPPORT WHICH FIBONACCI`S 38.2 LEVEL IF IT IS BROKEN MORE DIVE EXPECTED
IT IS MAKING BULL FLAG PATTERN ONCE IT CROSSES UPPER TREND LINE ON CLOSING BASIS AND MAKE BIG CANDLE NOT DOJI GO LONG WITH TARGET GIVEN AND LOWER TREND LINE IS STOP LOSS JUST WATCH OUT FOR DOJI CANDLES IF MADE ON LOWER TREND LINE GOOD SIGN OF REVERSAL BUT DOJI SHOULD NOT BE MADE NEAR UPPER TREND LINE ELSE PRICE WILL REVERSE BACK TO LOWER TRENDLINE GOOD LUCK
IT IS CLOSED ABOVE TRENDLINE ON CLOSING BASIS AND ONCE TOOK SUPPORT ON IT TARGET IS GIVEN FOR LONG STOP LOSS IS 71.049
IF IT BREAKS HORIZONTAL LINE ON CLOSING BASIS IT MAY COME DOWN TO LOWER TRENDLINE WATCH IT AND IT IS TIME YOU MANAGED YOUR LONG POSITIONS SO WATCH OUT AND MR. DONALD TRUMP HAS SAID WILL NOT ROLL BACK TARIFFS :) NOTE:NO ADVICE ONLY FOR EDUCATION
IT IS FORMING THIS PATTERN IT WILL BREAKOUT OR BREAKDOWN WE WILL HAVE TO WAIT AND PLAN ACCORDINGLY EMA 50 MAY WORK AS SUPPORT IF IT IS BROKEN IT MAY GO DOWNSIDE UNTIL THEN IT MAY KEEP CONSOLIDATING BETWEEN TWO TRENDLINES GOOD LUCK
FROM THE CONSOLIDATION PHASE IT MOVED UP 309 RS.(100%) APPROX NOW IT HAS STARED FALLING ONCE LOWER TREND LINE IS BROKEN ON CLOSING BASIS FIRST TARGET IS 50% RETRACEMENT OF 309 RS. AS GIVEN IF IT DOES NOT STOP THERE IT WILL HEAD TOWARDS 66% RETRACEMENT AS GIVEN MAX CORRECTION AS WE STUDIED A STOCK CAN DO IS 66% IF IT DOES NOT STOP THERE IT CAN CORRECT 100% GOOD...
IT MAY TAKE SUPPORT ON MIDDLE TRENDLINE AND BOUNCE OFF THIS TARGET FOR LONG GIVEN BUT MOST PROBABLY IT SHOULD COME DOWN ONCE MIDDLE TRENDLINE IS BROKEN ON CLOSING BASIS TARGETS FOR SHORTS ARE GIVEN NOTE: FOR EDUCATION ONLY