good shorting opportunity below 218
Sell opportunity
Downward trendline broken for a upside move
Break of downward trendline suggesting some upmove upto the resistance level of 112
On August 9th, Coal India stock broke its 15 min, 30 min, 45 min and 60 min up trend line to provide short term traders an excellent shorting opportunity to mint some big money. Coal India may slip to 202 from its current market price of 207.60.
Stock is forming bearish pennant and may further fall to 116
Buy yes bank for a target of 160 with a stop loss of 78 on closing basis
Hourly chart is forming bearish pennant pattern which is a continuation bearish pattern. Also on Friday Adaniport could not sustain resistance level of 380 and fell down after touching 380.
Axis Bank is moving in downward price channel , it may test the level of 650-640 in next trading sessions....