ncc is in higher high higher low formation in hourly charts, though it broke trendline during day but immediately price went above trendline support. now going ahead we can use 55 as strong support or sl for long we have trendline resistance of 60, 62.5/63 of channel upper boundary, breaking that will take stock towards 65 zone where there is highest OI nd on...
as we can see on daily charts there is a divergence in price nd rsi, stock price can show a correction cmp 3984 sl 4100 target 3650
another breakout? accumulate with sl of 184 target 250
a head and shoulder in nifty is visible with lower low lower high formation. in intraday today as we broke swing low of 10950 we saw a fast down move hence breaking trendline support now going forward what possible trades can be taken? one simple strategy can sell all bounce with 11160 sl for the target of 10100(final target) but as we know market doesnt move...