rsi with positive divergence. can pull back upto 1398
10641 is crucial level,
may be tomrroe . hold your longs which yyu bought at 10420
if it d0osnot break , chances of bouncing back is expected
break above 935 may take it to 948 to 950. where it can face resistance to get sold off. it will be a pause in down trend and pull back to 948 may get sold into. if it has to confirm upmove it has to trade above 950
it is formed at the support, to confirm for bullish move next day it should form bullish engulfing or peircing candle
high of mother bar is 1282 low is 1160. as price is rising openinterest of this stock is going down suggesting correction.
results are on monday. open interest is high , monday is dday, if kthe valuations are high and has run in anticipation of good result, you may see profit booking or disappointment will also trigger sell off, , or if it beats estimates, it may break above this high. interesting to watch, chart as such is not showing an weakness
showing clear signs of weakness
correct upto 1997 and 1994. if this s support holds it will be back on track, correction in uptrend
rsi and price divergence seen here indicating profit booking.
it seems facing resistance at 654 range, break belwo 636 will take it to 626 and odd levels,
it can go either way. Here the stock is in down trend, it may go upto 309. if mkt doesnot gove support it may go for selling to 287. one can take the trade accordingly
This intersting candle pattern formed at the 61.8% retracemnt level and inside candle is formed at the level of support. Hence one can buy to the target of 487 and 490
mother candle high and low is 456.3 and 440.05. so break above 456.3 is a buy and break below is sell Inside candle is formed at the resistance. watch out and take the trade accordingly
so it needs caution to go long at present