Home Depot Inc
Intraday - We look to Buy at 285.03 (stop at 271.38)
Buying pressure from 265.00 resulted in prices rejecting the dip. Posted a Double Bottom formation. The reaction higher is positive and highlights a clear reversal. A weaker opening is expected to challenge bullish resolve. Dip buying offers good risk/reward.
Our profit targets will be...
As per my gann analysis , right now no signal for any big crash,
what ever fall it should be till 15140. this figure based on astro impacted number, so i dont think nifty will break 15140-15000 zone as i mention in chart,
but one time it might hit that level before june, also before the next fresh rally.
I am expecting just profit booking till 15140-15000...
