Hester bioscience is showing a breakout and supposed to give some good return in upcoming days. 🐱🏍✔
series of fib is always fascinating to the human being, last week while watching a YouTube cooking channel i got to know that even vegetables and flowers follow this series like pineapple's spiral arrangement on it's skin , same for cauliflower, and sunflowers 🌻🥦🍍
let's wait for pattern to attain target
Stock has given a good bounce from trendline support with notion from RSI as well. expected to move for new highs in 3-4 weeks
Nifty has found it's support on a short correction. forecasting next price movement won't be fair given uncertain conditions 🚩 however i see it going downwards from here .
It looks a change in trend for now ( can be from uptrend to sideways or a preparation to down move )
current formation of the patters shows a good disagreement in price between agrresive buys and the profit taking sellers. such type of disagreement result into a bearish nature of security in long terms and will follow the same for this security as well. let's see how long the agrressive buyers are able to push this stock.
Showing +ve divergence from the support zone
PVR is getting weak, the underlying reason may be the fear of another wave and lockdown. time for traders to keep watch the trade the downward momentum, will update the idea when it triggers
unless the flag pattern hold and not getting elongated by consolidation of prices
3080+ is a clear bullish signal on stock
HDFC AMC seems to be moving downwards in next week.
break down below 177 INR. ( SL with highest node )