so whoever bought around 1680 can book profits and wait for furthur price action
hero minor blip may be over here and resume to go up
while trading we ignore this type stocks where they have rewarded investors
just for education i am posting
may start correcting in one or two days
now on the daily chart you can se pull back to 50 day moving average, so price action may chop around finally to go to 1502. the you will get an opportunity to buy
if nifty falls below 9898 then you will see fall 2%
if it holdas this support, hold on to your position, when nifty is stradisng in range, these price movements are common, so no trend on nifty
slowly selling pressure is decreaasing, it is good chart on daily weekly and monthly
nifty may touch 9789 9816, where 50 day maovinng average lies. till that time nifty no trend, so please watchout. weekly trendlije support is at 9879 monthly nifty is still in buy mode, so watch out for price action, if this level holds nifty may come back to 10000 and odd levels.
price may chop around this price till nifty recovers. so hold on with stoploss of 145
it may reach 969 in the short term
initial hurdle is 545, adx is slowly moving a bove 21 and positive DMI is above he _ve DMI and price is above the 50 day moving average, so many indicators are in confluence lkto support its supmove
if this hurdle is crossed union bank may go towoards 148, Adx is weakening from the selling exhaustion, price action will confirm its move, wait and watch
making lower lows showing signs of trend reversal, and price is sjust above the 50 day moving average, Adx is also trending wih positive DMI above the negative one
buy for the target of 686 and 700
if it crosses 110.75 you can see 115 . price may chhop arouund here as it is near 50 day moving average,big bar cross ove will give bullish signal