Suzlon Long Target 50, once the price decisively breaks the red sloping resistance TL
TUBE INVESTMENT SHORT to Target 1800. A parabolic movement has to retrace before going up again, with no positive factor in the market, the downside probability is high.
Short GOLD below 1680 to target 1600 Multi Year TL from Aug 2018 is broken and today being friday only confirms the TL break. First Target for day traders is 1680. When close below 1680 happens, then target of 1600 is a likely probability
Currently Tech Mahindra is at a strong support of Fib retracement of 61.8 and round figure of 1000. There are other Fib points of confluence from 1000 to 975. So to be on a safer side, short when price closes below 950 to target 800. Less likely scenario, alternatively, if u r already invested at high levels, hold if the price stays above 950
There is still steam left on the relief rally, 32300 may be a potential reversal or watchpoint as the GAP potentially gets filled. If the first resistance Trendline gets breached DECISIVELY with good volume, then we can aim for reversal in the second resistance Trendline But the long term downtrend is still intact as the market structure didnt change yet
NON-LOG CHART: Weekly TF, price at support of sloping TL. HOLD now. SELL, if price closes below sloping TL. Downtrend intact with a target of 1950 to 2000
NON-LOG CHART: Weekly TF Perfect 3 drive pattern with a inner TL break, signifying volatility, however target is downside towards 2250 to 2270
NON LOG: Weekly TF. Price breached support sloping TL and obeying the resistance TL
IEX breaking below 200 SMA and in Downtrend NON-LOG CHART: Monthly chart show a clear SELL. Weekly chart shows support at 150.
NEUTRAL TO SHORT : ITC: Potential 3 drive pattern forming which indicates a downside in weekly TF. However, need to watch whether price will reverse from here or take the levels of 260 to 270 as support, before it immediately moves to 280 as its a defensive stock favored by investors during uncertain times
NON LOG CHART: Weekly TF. Price moving towards sloping TL. Resistance zone red rectangle at the top
NON LOG CHART: Weekly TF, Resistance Zone since Sep 2021 is strong, to buy after the resistance zone. HOLD now as price finds support in the sloping TL
if the price breaks below the support TL, then the next price target is 460
NON LOG: Weekly TF, price broke the weekly support TL and retested. Probability to go down is very high. Immediate Target is 950 to 1000