hammer seen on a down trend for hero motors...with volume confirmation, ig we one can look for a swing trade
if im r8 we r in wave Y of wave 2 of wave 3 of wave 3.
a shooting star has formed in a uptrend and im not sure if it is for reaching the channel bottom as swing sets or is it something else....tried incorporating waves but not sure...if i am r8 we r r8 now in the start of wave 3
strong support on 285. macd crossed over 2 days back rsi at 61.
a evening star has appeared in the uptrend and the volume too confirms it along with MACD,RSI anol....bollinger bands too might be broken in coming sessions...am I being right or the IT sector has got fuel to run more...coz, the top IT haven't performed as huge as the midcap IT sector...pls do feel free to point things out! and thanks to @Quasim for introducing me...