After a strong breakout from trendline price tested trendline and resistance , again turned to be bearish by breaking the channel again... if retest tomorrow price retest to the channel , will looking for short side...
Observations:: After a strong fall from resistance price slowly reached the resistance again and starts falling. we have demand zone in the range 1105, price will test that demand zone, initially look for buy @1105 level,for 1130 range only. if another demand zone @1135 resist price fall is more,and will reach the bottom zones at 1070 levels. Keep track this levels...
Observations:: clearly the stock is trending upwards, previous resistance @1150 is acting as resistance again. previous resistance @1110 level, broken strongly. if this again acts as support price again bullish. If price is failed to create a new HH and breaks 1125 zone, go for selling up to 1110 with a retest or pullback. previous resistance may acts as support,...