It has broken below a short term trend line, once it gives a close below 166 it will break the neckline of double top and then one can short for the target of 158, but the it should close below 166 in couple of candles on daily chart. It's a very short term trade once closing below 166 target should come with in 4 to 5 trading sessions else one should close the...
The stock has a strong resistance at 130 so if it breaches that level with high volume it can trigger a buy call. Always trade with stop loss.
Happy Trading..!!
Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of...
Disclaimer: Set-up shown here is only for Educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA)...
NSE:MANAPPURAM Sell initiate for 26 Oct 2018 using 30 min chart based on Fibonacci levels, check below sell level
Sell Below : 71.9
Stop Loss : 73.85
Target : 70.85
