vpo384

vpo384

M&M near breakout - 20 Day EMA may cut below the 50/100/200 DMA very soon and we will see lower highs and lower lows. Already one can see the indications. If the triangle and the lower trend-line is broken the stock will turn bearish. Take your own decision.

vpo384

As per chart above - used to take 17 days to move below or above the channel which reduced to 10 days and now to 7 days. Hence, see NIFTY going down after 1 or 2 days max.