Stock stuck in a cluster
This one is just for the records
Level based buy
Breakdown from trend support
Bulls need to defend this to stay in the game. High risk trade
Big breakdown here
Channel down still in force. Temp support around 180. Fibonacci support was @211- gone. Next @ 134. Time cycles suggest relook around feb end - early march
Looks like distress value on idea - portfolio buy. Not a technical pick
Great levels - bulls need to protect if they want to stay relevant
oscillator close to getting oversold and turning up
Oscillator turning - sell rally
Critical inflection point for nifty
TRendline broken. SL around 72 (weekly close)
Gann levels lower @ 200
That 1400+ top may be a significant one marking the end of a parabolic. For the near term sell strength for a move towards 1010-1020. High beta stock so keep SL as per risk appetite
Midcap index took out the 4700 support. Next gann support is another 12-14% lower. It has felt like carnage in the space but can get much worse. Bulls (if any left) need to be cautious