konarbalaji

konarbalaji

Golden Crossoverand PSAR signalling BUY PSAR indiactes BUY Golden Crossover in MACD R1 & R2 is highlighted with Horizontal line

konarbalaji

Bearish Biocon

konarbalaji

@ 50% Retracement level currently...if broken , may go down to 61.8% retracement (which is also the support trendline of the rising channel) & then resume upward movement based on price action development at 61.8 level(bounce @ this level will rally while breakdown of support will drag down) Current Option data indicates Resistance @ 1800 & support @ 1600

konarbalaji

Facing Resistance + Weak Bearish Divergence on RSI

konarbalaji

Bearish Divergence + Resistance from upper trendline

konarbalaji

Descending Triangle breakout. Last 2 trading session seems to have closed low on below avg volume. 3 Supporting Trendline(1 Daily & 2 Weekly). Support @ 101, 98 Resistance @ 19.5, 113.55 & 118.20

konarbalaji

Price moved up but RSI showed bearish divergence. Currently, Price is taking support at Upper trend line on daily duration . Price rejected from Long Term resistance . Looks like distribution zone - sideways movement will continue for a while . Current Price is at confluence of 50 EMA , Support & upper Trend line.