Suzlon, back to the resistance zone after a long struggle finally awaiting to break-out the consolidation zone. If entering in this limited firm, lets wait till a build-up volume to show up or to break the resistance zone with a Huge green candle to make it a perfect entry. @Technical Analysis @trendlines
Finally the #nifty has broken the minor trend and consolidating near a mjor resistance zone.
3 ways of predictinig the nifty. If market gaps up or gaps down or sideways. NSE:NIFTY
After multiple conformation in the area specified in blue arrow, finally 4th blue arrow area has broken the trend. 17970 will the target zone for tomorrow.
its a clear down trend pattern, which has broken the trend with marubozu candle. entry = 330-335 stoploss = 315 target = 425
3 resistance point and 3 support point with standing and the resistance has broke .