After creating a all time high, price came back to test the breakout area and find support as expected. After a nice pullback price started moving towards new high. After looking at chart pattern looks like stock is entering into a new zone. We are expecting 15% to 20% appreciation in price in very short period.
Stock is in nice up trend. After making its last major low @270 stock has corrected approx 40% from its life time high @767.55 and started moving in its major trend. Price is just breaking out from that falling trend line which is indicating that price is moving towards new high. This is for educational purpose only. Take action as per your risk understanding.
After a consolidation between 230-260 level price is breaking out of it. I am expecting more 18% to 20% appreciation in stock price in short term. Stock is also moving towards its life time high mark. Next key level to watch is @276. This is for educational purpose only take action as per your risk understanding.
After a consolidation between 230-260 range finally stock is trying to come out of it. Stock is moving towards its life time high @276. As stock is breaking out of consolidation I am expecting more 18% to 20% appreciation in price in short term. This is for educational purpose only take action as per your risk understanding.
As you know we are one of the best and attractive market in the world. Nifty chart pattern is showing that we should be in the list of bests. After making its lifetime high @10137.85 Nifty corrected approx 500 points and found support at its previous resistance area which is between 9700-9730. From this area of support Nifty started moving towards its major trend. ...