Presently in the strong support zone. 19th Fri Day ended - Spinning Top, Price was negative Change in Futures OI positive with Long Buildup and high equity delivery percentage. Strong reversal signal, but we have to wait for PA confirmation. This week to be watched out. It will be a STRONG BUY if PA confirms this week. Additionally, check VPVR support and...
The study is purely based on Support & Resistance (Longer-term). Expected Breakout level - 640.
Check all other indicators and parameters before you buy the stock or trade them. This post is solely for educational purposes.
If BNF 30945, my target for this week would be 31783. Sorry for the several SR lines :-) But you may see how price tested the levels. All my SR lines are on a longer-term and higher timeframe.
Check all other indicators and parameters before you trade in any instrument. I have published solely for educational purposes.
Tata Motors 188.80 strong resistance. It appears to form an Inverted Head and Shoulders. TM target for the January contract b/w 197 - 201 (197.45 - Strong resistance from the past. Could be seen on a monthly chart).
NSE:EICHERMOT
I studied this chart for long term investment purposes. F&O traders may slice and dice the chart for both positional and intra-day. Welcome comments :-)
SBI made a smart recovery in the past 3 sessions. Possible triangle breakout at 276.25. Immediate target 283. Jan 21 target - 305
Check all other indicators and parameters before you trade the stock. I have published this solely for educational purposes.
Apollo Tyers trend line breaks down on the daily chart. Price retracing. A good level to short maybe once the price breaks down 110. Only for study purposes. I do not recommend anyone to enter the trade based on my views
