it should not break this support level. if so 9000 is the target. where the 50 day moving average is. one can short nifty if it breaks 9089 .
adani ports is correcting back to the long consolidation price of 314, question is will it hold this price move back . but monthly chart shows v shaped recovery and failure to go beyond. 373
one can buy for the target of 727 which is 38.2% fib retracement if this hurdle is crossed net target will be 757, showing signs of recovery, rsi is also supporting the price rise.
it is in the zone of multiple area of supply zone. it needs to cross the hurdle of 159 to move higher. it i sevident from the formation of series of pinbars. rsi is finding resistance at the level of 62.2. It is weekly chart
please see the divergence of RSI when it rallied from 85 to 899, price is making higher high and the Rsi has made lower low. only the fall from 899 to 658 price and rsi are in correlation. i f you keenly observe now rsi is making lower low, , if it is confirmed in coming days quro pharma can move to the level of 763 , one can look for investment in...
buy for the target of 411 which is fib extension 161.8. stoploss of 396
i t appears it stopped at the exact range price of 242.2. and closed at 243.6. on the weekly chart the candle bearish engulfing. actually this is where it took to the price movement upto 278.before taking short trade, i feel you should get confirmation, as the trend on the short term is up
monthly chart doji bearish candle seen. though it seems like exhaustion bar to push upside, but the strength seems to be lacking, very next bar is negative, may retrace upto 1018.
from 2014 to till date it is struggling to go beyongd 289. very long consolidation, it is in very indecision phase. one has to wait. before taking any decision to buy this stock.price action is suggesting at present no clue which direction will be its journey?
tatasteel went to the level of 502 and above touched thrice and failed to go past. i t has the area of support around 455, but may retrace upto 465 and then pull back. price is clinging to 61 day moving average support, stoch seems oversold, it can be still oversold. major area is 455. still the chart is not negative, can lok for buying around these areas,...
everyone , every channel is calling for buy, immediate resistance is at 318. if you see candle pattern prior two days you will notice exhausion bar. it has to cross this resistance this to go up
Daily chart shows inside candle. if the price breaks above 682 then the targets are 688 and 697. u Inside candles formed at the down move are significant. Only price action will confirm. Keep on your watch list. If anyother views are welcome
after making low of 707 yesterday, the corrective phase is over. it may start back its bull run again, this bull run may take the stock to next level beyond 780. why i feel is fib retracements are perfectly support the view. After making double top, it retraced perfectly 23.6%. If you look back at the price 687 and 673 it made the same retracement...
Inside candle signifies reversal, if it breaks 87.26, you can see reversal in trend