Strong support lvl is marked on chert. Enter on daily time frame with Sl 1800 lvl for initial target 2330. keep things simple. Dont analyze chart with the help of too much indicators or patterns.. For educational purpose only. Like if you agree..
As we can see price is respecting trend line and also volume is decreasing with time. So price may shoot upside if price did not sustain below 5400 lvl.. so we can enter with small SL and for great reward of target 6600 level. Like and comment if you agree. Above analysis is for educational purpose.
On chart i have mentioned all details.. Strong support @ 170-173 lvl Entry @ CMP 191 As we can see volume is decreasing as price going down. It clearly means smart money is not interested in shorting or selling. So our support can act strongly and price can move sharply upward for initial target of 240.. If stock sustains 240 lvl with higher volume then we can...
Spicejet Srong support marked on chart. Minimum target for 82 lvl. For educational purpose.
Biocon having strong support @ 360 lvl. If Price drops with low volume on closing basis then price surely bounce back strongly and if price drops below 360 lvl with high volume then its confirmation for further downfall. Minimum Target for 460 lvl. Like and comment if you like my idea.. For study purpose only..