Good RR as it has done breakout and retest. SL 966 Target 1046 It has also done double bottom at 900 level
Target 260 SL 361 I will not short but will look to accumulate at 260 Levels in demand zone
RSI divergence is good indicator of bottoming out. JSL Hisar is near 200EMA. Target of 150 It might make one last swing low till then SL of 105(200EMA) can help work out R:R
Double bottom will confirm with close above 2300 Target 2370 / 2500 (Black arrows) SL can be last swing low once it breaks 2300. Caution alternate view blue arrows: HUL has habit of touching red trendline below 200 ema so I am not entering till above 2300. Else we can wait till it takes support nr. 2150 Level.
Likely to reach Tar: 4800. (A good support zone) SL 5500.
This time as continuation pattern breakout. Target 840 SL 717 Very good R:R
After taking support nr 2400 We get good double bottom Target 2650 (T2 could be 2800) SL 2460
Can correct up to the trendline. Lot of stocks are showing bearish pattern.
Flag target : 1800 SL : 972 Considering this stock moves in Circuit small position is advisable.
A very good predictor for exhaustion of trend.. This is only for record... When in strong trend keeping eye on RSI helps. If RSI don't make new tops/bottoms there is high probability of trend reversal. There can be one more attempt by price to move in direction of trend before reversing so this only needs to be used as supporting indication.
Three bearish indicators to suggest Nifty going to correct.
This is in long term up trend but correcting to give buy opportunity at 2400 levels.