As per my analysis, Hindustan Petrol NSE:HINDPETRO is currently trading at demand zone. In history, the price has bounced of multiple times from this zone. This could lead to pushing the price upwards towards 203.
Please do let me know in case my understanding is incorrect.
Indusind bank can fall and according to me the rally yesterday was fake to trap retail investors.
My analysis showing it will fall below 500.
With first target of 550 and second target 500 area which will act as a double bottom for the stock, if sustained can jump and if not more fall can be seen.
Good luck to all traders.
NIFTY - It has two probability as either 5th wave extend further in diagonal structure OR it will correct down in ABC structure. So as far as price remains below 12023.90, stay bearish, but if price crosses above that level than price may form diagonal in choppy fashion. Sell with stop loss above 11975 for down cycle C wave for target up to 11750-650 zone with...
TATAMOTORS might retest the support or correction before continuing uptrend till next resistance...If low support breaks, wait for price to fall below ---- line ,for confirmation to touch the downward support...
Heyy!! Now here Adani port is a good stock but yeah looks like consolidating for some time and I think it will touch some supports and then will start going up but yeah market is supreme so let's see what will happen next #learner #stockmarket #adani_port
we are hitting the resistance again and now try to move higher
we need weekly close above this resistance for the long setup
we will wait for good bounce and big bullish candle and than enter in this trade. till than watch the movement