puzzledDingo88337

puzzledDingo88337

the chart looks like stock being accumulated on higher level Seems like a good opportunity for atleast 1-2 yr time line

puzzledDingo88337

Sbi card is in triangle pattern currently forming a base seems like the selling is being absorbed now the stock should start moving upwards in 1-2 years

puzzledDingo88337

It's weekly chart triangle formation currently breaking out . Check it out

puzzledDingo88337

Different case that i expect are shared . If big gapup or gapdown then ignore this analysis

puzzledDingo88337

Down Channel Breakout supported with volume chance of failure are grim stock might consolidate in sad case scenario

puzzledDingo88337

MPHASIS is falling but buying volume seems to be increasing + IT Sector Index is on Support So the downside Risk if Limited (I ignore News Just follow Technicals) Price is my decision maker

puzzledDingo88337

If Nifty open around 17000 level Then a fast up move upto 17080 level is expected then a sharp fall is also expected from that level .And if First 5 Min Candle is red then we can test the previous day closing