The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
A strong move is identified in this stock movement. later a gap down is observed, neckline at 140 level failed to push the price upside, then price test the support at 124 levels soon. A left shoulder is detected at 156 levels, keep in bearish side as long as price is below the head section... no long side is possible in this stock. neckline is acting as...
Stock has made a falling wedge breakout with with a good volume candle. STock closed marginally above 200 DMA ...if sustains above 200 DMA expect a good move
This Share if Break Out Below 90 it will come down upto 70