daytraderph

Price is for decline before PDL

MOVE OF INDEX WILL GIVE A CLEAR IDEA ABOUT THE TREND

NSE:SUNPHARMA

Below 1044 SL of 1052

Infy shows further downside

Let's see when it breaks the consolidation

ACC worked as expected

Siemens in currently uptrend on daily chart 1250+ is Buy 1240 - is a sell for instantaneous gains

bearish movement takes it to lower price ranges. decreasing volumes further confirms trend . Sell below 1665

Recent candle giving confirmation of a swing high and any closure below PDL will initiate short Trade 636 . Break of plotted resistance will make it higher and will initiate a long trade .

Volume is constant over time. A decreasing volume would ad given more confirmation of breakdown. In watch list now

m_m will see the downside of sector

Trend analysis is a way of prediction however strategies are well proven and tested way of reacting to market. There are some people who predict the market with better accuracy and there are some people who are involved in re-acting the market. It takes practice, risk management and confidence to make a trade in your favor.

analysis and reason on chart. Stock is in downtrend for 2 days making lower highs with selling candle. expected move is on lower side

long as per short trend

trend shows stock will correct more

bullish

wait for coming out of trap