I expext the market to go to the supply zone and then go for a fall
double top has formed in an one hour time frame head & shoulder is expected 1 day time frame
buy above 327.10 target 328.75 sell below 323.65 target 321.40
I expect the market to open(gap up) and it should not close above the resis which intend forms a double top let see what happens
The stock has already closed above a major support .so it has to go to the next support .But it is coming for retest. GO FOR BUY. REFER CHART FOR DETAILS
the stock has finished head shoulder and has formed double bottom .targets are three resis buy in the zone marked there
lets keep a tight stops above the resistance and wait for bearish engulfing candle for entry
IF IT BREAKS THE NECK LINE IT CAN GO TO THE NEXT SUPPORT ...IF IT BREAKS THE NEXT SUPPORT TOO WE CAN SEE A HUGE DOWN FALL (OR) IF IT DOES NOT THEN THERE IS CHANCE FOR DOUBLE BOTTOM HENCE THE SAME RULE APPLIES THERE
one day candle should close above the prescribed buy level refer chart for details it is so bullish will reach that level