There has been a break down from the neck line ( 507 ) with significant volume increase
Can short this with strict stop loss @507.
Threats: The pinbar formation shows the entry of bulls. Change the position to long if the neck line is reasserted.
Adani ports is near its previous resistance 415
The formation of bearish bat confirms the chances of a short trade. Can enter once reversal is confirmed.
Will be adding targets once the trade is confirmed
119-121 zone which initially acted as resistance converted to supported from the closure of 26/10/2017's candle.
Can go long expecting retracement of the fall from 127
Wait for confimation of breaking 121 barrier before going long.
Will add target details once trade confirms
An undervalued stock with Strong support at 238
Showed signs of reversal in lower time frame s ( 1Hr and 15 min )
Can go long with previous swing low as stop loss . Risk: 1.5 points
Can target 242-245 based on risk appetite
Target 1: 242
Target 2: 245
It formed a bearish ABCD with decent ratio.
Also at year old resistance
Short with a stop loss.
Waiting for confirmation before shorting
Q2 results on 18-10-2017.
Maintain Risk reward according to appetite