though results were inline but stock has been not performing.. expecting to test 1390-1400 levels
Expecting to test the trend line on the downside due to not so good results lets see.. if it does then good to add for long term
At the trend line support forming bullish candle as of now if it makes bullish and sustains todays high tomorrow then will be bullish
Structure looks bullish if closes above 2671 then will be bullish closing and should approach the next resistance
After small consolidation giving a breakout should sustain this b EOD for longs
At resistance for long better to wait for EOD and close above this level
What a beautiful structure... if closes today above the level then it will be a good close and should be positive
Broken the trend line last week and proved to be bearish as well.. next good support at 1810 levels..
Approaching trend line need to see if it holds.. banknifty is weak so probability of holding this level is low
Trend line breakdown looks negative any pullback should be seen to selling
Retesting of swing will be successfull if EOD closes with this Pin bar kind of candle can look for long if this is how it turns out by EOD
Formed a rounding top with and today at the breakdown line.. will it hold or break and move downwards towards 2400 levels to be seen
Structure is bullish todays high break and close / retest would be great entry for next leg of rally
Todays action is very positive as the candle and volume shows however its at trend line resistance hence breakout would be required to make it change of trend positively
The gap up due to results have been held nicely till now shows its a very good support and is breaking out of the recent consolidation definitely a positive for the stock
If this support holds and crosses todays high next week can expect upmove to next resistance of 2650 levels
Expect a big move very soon on this counter.. expecting on upper side likely