This stock has recently formed a double top pattern, which is a bearish sign, and also near mediun of depth of same pattern, so if it brokes 3600 levels than we can say that another doors have been opened towards south direction, or we can say towards previous swing lows near 3312. One can go short only below 3600 levels with stop loss of hourly closing above...
RSI BEARISH DIVERGENCE WEEKLY TRENDLINE RESISTANCE
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets Logic, Entry range, SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade....
Flag Pattern Right at the support Rounding bottom
How i took this trade based on : 1. Trend line 2. previous Day high 3. Fibo retracment 4. Moving average for momentum and strength
Short Term Cash Buy LALPATHLAB @1909.00-1912 SL 1851 TGT 2025(resumes uptrend post consolidation) TK cross over + MACD cross over + if stays above VWAP can see more upside
all levels are given in the chart
lalpathlabs - 1571 by 4th May. 1541 by 6th May if it breaks the 1571 level.
Lalpathlabs - 1640 by 29th April