Buy near support line with strict SL Or buy if resistance Trendline breaks
Seen this stock getting oversold multiple times at 1min candles. One can place GTT order at lower levels. Quick BITES!
Pitchfork is a trend channel tool consisting of three lines; a median trend line in the center with two parallel equidistant trend lines on either side. These lines are drawn by selecting three points, usually based on reaction highs or lows moving from left to right on the chart. Expecting HDFCBank to move between this until upward uncertainty continues.
This FMCG stock seem to have demand zone at 8800 - 7500 levels CMP: 10450 Target 12280, 13280 Support: 8800, 8000, 7500
Expecting pullback upwards 1823 will be crucial support
Nesco just gave breakout CMP:445 also now above 200 EMA so expecting to move upwards. Expecting psychological resistance at 500,600,700 Major support: 380
Uptrend within a rectangular area should continue with good support of 200 EMA. so expecting V shape recovery!
Major resistance: 27094 Major support: 22750 Uptill price moves upwards 200EMA, Uptrend should continue till 27094. Above 27094, V shape recovery 'can be' possible, just like coronavirus never happened. People didn't loose job.
Expecting movement in this range. Grab few points with SL below support line and target near 140.
Hope you have seen my old posts. Support zones were and sell off zones went according to the charts. I believe Charts are Gurus, they give us a direction even in such uncertainties. Major Support: 17120 Resistance: 18150 Risk: Reward ratio is good at both the sides specially upside if 17120 is sustained.
Blue trendline has been acting as Support for Uptrend for weeks. CMP: 2010 Buy Below:2k Target seen: 2136, 2165 After that there's can be short opportunity if this trendline breaks.