Nifty metal is going to give a breakout can't say a postive or negative one.
it is standing on a long trend line if this line is broken to a negative side the we can se a big downfall in the metal stocks.
Disclaimer : This analysis is for personal improvement make sure to analyse the stock at your personal levels before investing
as this analysis is not an advice...
Chart is showing that stock is on the verge of giving a breaklout or has already given possibly a small retracement will occur then expecting a positive brekout
Disclaimer: This analysis is for personal improvement make sure to analyse the stock at your personal levels before investing
as this analysis is not an advice to buy or sell any stock.
Chart shows a long trend line and is expected to give a breakout within a week strong resistance is shown in the chart clearly
further movement will tell further more about the ongoing trend that whether the trend line will give a positive or a negative breakout
Disclaimer: These analysis are for learning purpose and not an advice to invest, do your analysis...
Standing on a long support possibly will give a breakout Expecting to be a positive one
Disclaimer: These analysis are for learning purpose and not an advice to invest, do your analysis separately to invest in any particular stock
Chart indicates the upper movement as a channel is expected to break
support and resistance is marked for the day
short term positive movement is indicated
Nifty IT has just given a negative breakout and now creating a channel pattern
this week sideways movement is expected as it has corrected itself and will be giving an opportunity soon
Stock has recently broken a trend line negative side and now creating a channel so prefer to until for short term for next opportunity although always preferable to buy for long term as there is a lot potential in the company.
Also Nifty IT has also given same negative breakout so it should be preferable to watch for both to get stable for a better movement for short term
I had analysed the stock good dividend stock have just given a breakout after a short consolidation for a week this can probably retrace and then grow further must hold for long term
