TI Industry: stocks is above 200 dema stocks is above 50 dema Volumes are building which indicates big players are adding up. Level of 260-262 can act as a next level of resistance. Can test 288-290 above that. Fresh leg of rally above 292.
RADICO 1564 TGT 2260 SL 1360 RR>3.5 Return > 45% Risk < 12% Timeframe <8M NSE:RADICO Buy Recommended Can hold for long term Shared with 💚 By Rachit Sethia
Greetings Folks, today i have prepared a setup of TI on NSE the analysis is as follows- - the price is trading in a very close vicinity to an important static resistance - either the price will breakout at instant or take some time to gather some orders - there is also some imbalance which needs to be filled, this will act as confirmation to our setup don't play...
i see some technical reasons to short this stocks. Risk is to short to defensive companies as telecoms.