ishwinderjauhar

ishwinderjauhar

At the lower end of its long term channel. The drop last week because of the bulk deal means it first needs to cross 68.5 . 82 is the region where buying/selling has taken place earlier. Momentum indicators for the moment are gradually moving up. 20 Day Sma is at the 68 level for the moment, once it crosses that can consider going long.

ishwinderjauhar

31.10.2022-Is it making an inverted Head and Shoulder on Daily with break out above 0.786 @ 130.Buying at the 117 and 120 levels on daily. Just below the 200 on daily and all the averages are quite bunched up. Should be interesting to track, if it continues to move sideways or makes a jump.

ishwinderjauhar

could be a nice hammer on volume. Needs to get above trend line for any up move. Long term buying on daily around the 980-1000 region. Still below 20 DSMA around 882 levels, then resistance from 929 to 945 levels.

ishwinderjauhar

31.10.2022- Including this month, the last 2 months has given long upper shadows.Majority of the long term buying is in the 215-220 region.On the daily its still in its short term uptrend channel and a majority of the short term volume was in the 270-275 region.Has a tendency to go up post results in a volatile manner.

ishwinderjauhar

28.10.2022- made a double top on monthlyin 2015 and 2109, post that has come to lower channel of long term channel, last time it did this, it jumped up. Needs to get over short term channel or 166 for any upmove. on daily and weekly all the purchase is between 160-170

ishwinderjauhar

so the price went upto 3.618 in 2018, broke out of long term channel, but now is languishing at 55.61..majority of poc on daily is at 40. And on weekly at around 111-122.Last time it hit lower channel line it made a similar price action and then shot up. Something to look out for.