today we open gap down had a free fall of 100 pts recovered from 14400 which is psychological support if we r able to give closing above todays high we wait if not then we go short trend in higher frame is bearish immediate support is 14240 as per oi
stock has taken support on trend line it has tested the trend line for 4 times now wait for confirmation on the stock and go long if it gives a green bar tomorrow then we can assume our immediate target is 1880 key points - 1)multiple time retested the trend line 2)inverted hammer formed today
bank nifty opened gap up on 35500 it gave 600pts selling now consolidation mode watch out for breakout
ONCE DOUBLE TOP FORMATION IOS CONFIRMED THE TREND REVERSAL WE CAN GO SHORT
COAL INDIA SEEMS TO BE BULLISH AS THE PARLELL CHANNEL HAS BROKEN WITH GREAT VOLUME AND IF WE LOOK IN A LONGER TIME FRAME A FAILED RERVERSE FLAG FROMATION IS SEEN
As we can see in 1d time frame L&T has shown bullish pole and flag pattern if it gives a breakout in next candle the first terget can be 1204 and second target is 1259