salu1991

salu1991

Never Short this Sector. Taking Resistance at Weekly Trendline. Followed by weak upside momentum as price sticking to lower trend line. Strong down move on daily followed by consolidation in demand looks open invitation to bears

salu1991

After a long down trend Pharma sector finally took support at weekly demand which was create just prior to breaking previous ATH and was reaction to few fresh orders left at supply zone. The demand to which price reversed is flag pattern and authentic level.

salu1991

M&M is biggest weitage stock in NiftyAuto. It has broken Daily Trend. Could be sign of reversal with supply demand balance resolving with strong down move.