- symmetrical triangle pattern has formed in Weely chart
- yearly narrow range stock
- ema crossover has done and bearish engulfing candle has formed
- if break the lower trend line stock may fall further
- but at present the stock is trading at this year support level (S1) so, there is some chance to get trend reversal and to become bearish mode.
- watch the stock and consider according to it
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
- yearly narrow range stock
- ema crossover has done and bearish engulfing candle has formed
- if break the lower trend line stock may fall further
- but at present the stock is trading at this year support level (S1) so, there is some chance to get trend reversal and to become bearish mode.
- watch the stock and consider according to it
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Note
29.01.2024- touched the trendline and bounce back.
- this year S1 (1432) playing good support at present
Note
if fall below S1 it may fall furtherNote
EMA Crossover done and formed 3 black crow candle which indicate bearish trend.(jan 1st, 8th and 15 candle)
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.