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Fotis Healthcare seems to have performed a test of a the huge selling climax bar, after the BIG fall that came a few days ago we haven't really had any considerable follow through below the low of the that bar, and on Wednesday the stock went below 125.55 it's 52-week low on high volumes but small range indicating that someone was accumulating the stock. In my ...
Dish Tv has not broken good supports in such weak markets and in fact recovered from it's support levels. It has also given a hammer candlestick pattern close to it;s support and the next candle has also closed with a low above the low of the previous candle and above the high of the hammer candle. So a swing trade for targets of around 95.50 is in offing.
The market broke out on 30/08 from a Symmetrical triangle. The market is back to testing that breakout and check the strength of the breakout. If the market holds these levels 8560-8580 on closing basis. We are all set to ride ahead.