gapdown opening and support line break strong bearish candle formation 3003 is the next support macd and rsi also signaling down trend.
i think this is reversal because hammer candle on support line in downtrend.
sideways trend and box formation wait for box breakout
marubozu candle or big bullish candle formation on support line follow same support and trend line
big candle of marubozu candle formation which is bullish candle and with high volume. trend may continue at level 2025.
nifty 50 may go for retest after that it show uptrend for 16800. wait for retest and reversal by confirmation candle on upside.
breakout with high volume we should think about buying opportunties from here.
trendline ressistance breakout as well as minor ressistance but stock are on major ressistance and wait for breakout and closing candle above ressistance. we should wait for retest then we should think about buy.
take support from previous support line and also green candle formation. 70% chance to move upward and 30% chance to move downtrend. i think price should cross the 200 ema first w should make buy postion.
after doji candle formation give confirmation by next bullish candle and show up trend. marubozu candle formation which is bullish candlestick. stock above 200 ema which also a bullish signal. ressistance line as well as traingle break with high volume.
spinig top candle formation and give confirmation by next bullish candle. 50-50% chance of trend from current level
wait for breakout or breakdown. if breakout then make sure candle close above 610.85. once again triangle formation.
Due to negative news price has fallen very much which is unexpected. And as I discussed in previous chart I also give the support and bounce back exact from same level. But this bounce back is for short term.
Check chart. All things are uncertainty due selling pressure on overall market so wait for confirmation and always take a dip on support.
small traingle foramation so wait for traingle breakout as well as ressistance. volume- down price trend - down give signal that reversal from here next support level is best to buy.
trends are sidewways so wait for breakout or breakdown of box. but buy only on support orafter trend ressistance breakout.
wait for support. w pattern and double bottom ressistance becomes support and break down stock is below 20/50/100/200 day moving average
Bearish hammer formation after doji candle and give confirmation bye next bearish candle. Candle also on minor support. Trend are negative.