A) 1, 3, 4, Reacts as a sign of Good up movement/ uptrend ( reverse of Rs.179.00 will be a good take off for the breakout of Rs. 199.00 and the target will be around 220 for shorterm) B)No. 2, 3a reacts as a continuous downtrend (if the above fails the price will react at Rs.170 then it will expected to go down or otherwise it will confirm the next...
AS PER THER INDICATOR GO FOR SHORT TERM AND THE TARGET WILL BE AROUND 190 - 195 ONCE IT BREAKS AND SUSTAINS GO FOR LONG * NOTE IF THE MARKET CRASH REMAINS MORE DOWNSIDE YOU WILL GET THIS SHARE MORE CHEAPER PRICE THAN TODAY WHICH IS AROUND 140 - 150 RANGE AND THAT WILL BE A GOOD DEAL FOR THE LONG TERM INVESTORS HOPE WE COULD EXPECT A GOOD TREND WHEN THE MARKET...
Clear Downtrend continues average your investments once it breaks the parallel channel line it will goes below 100 levels