A move to pass a temperory resistance. The *Just an analysis and not advice.Trade on your own risk*
Only on Support and resistance, Short below 216 for 213.6
It seems dollar may slide down, thereby helping Nifty again take short bull run. Although Politics may play its role but still signs are of appreciating rupee. Lets see!! It may have a minor negative impact on Indian IT Stocks.
The price can shoot like an arrow for bulls eye. Yesbank Double Cypher pattern, Targets and stoploss on chart. Keep a check on bank nifty levels , may retest the entry levels but double bullish cypher will play it's role. Stoploss on closing basis, only short term targets mentioned, it may go far beyond after a bit retracment. May retest 300 levels before shooting up.
Resistance not strong enough, You may Short below 1232 for trgets of 1190.
An ideal example of bearish engulfing, Shows further ownside of index around 11,480 levels.
Looks weak on resistance, may see a bit downside before turning around.
The stock is on crucial support may show reversal, wait for any kind of pattern before entering any trade.
An advanced pattern formed on UBL Charts, the levels on chart, make sure the price sustains below 1290 for sometime then the levels of 1240 can be seen. All the best.
breaks the trendline and also indicators show it may continue furtherdown.
It shows a strong resistance at 209 and 217,first being crossed upward move is expected soon after testing the level.
Neckline break possible and upmove from 161 to 166, 171 and 180 levels in 10 days may be seen.
ITC closed below 5 day trend, may show levels of 297.6 and 295.2 with a sl of 304.55 And stochastics is also lying just below oversold region.