- After quaterly results price held above result day low.
- Consecutive red closing with dropping volume after the results.
- Break above 640 gives a good entry point with stop below result days low of 626.
- If price manages to break above 656, can expect move towards 680-682 level.
CNXPSUBANK breaks below range of 2655-2700
majorly contributed by SBIN which breaks below support of 256
next support for CNXPSUBANK would be around multi-year support level of 1900-2050
which would mean that SBIN expected to test support in 232-235 range
Head & Shoulder pattern forming.
Head of the current pattern also contains a minor H&S pattern.
Pattern would be complete when price reaches at around 110 - 105.
Better to trade on the short side...
Too early to speculate this but head & shoulder forming in Titan which would complete when price reaches at around 825-830 levels.
Once below 825, price can get support at 800 and below which targets would be 755 and 725.
Colgate-Palmolive broke above resistance of 1175 with today's high of 1189
Channel height of (1175-1025) = 150 is the minimum expected rise from current price.