falling because FII cut there stake 1.88 % from Sep to dec quarter.
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
Commento:
- falling wedge pattern in uptrend
- reversal candle formed
- may consider if buy candle open above this candle.
- reversal candle formed
- may consider if buy candle open above this candle.
Commento:
trading at weekly pivot s1
hammer candle formed so the selling trend may get reversal. but if selling continues stock may fall further because, descending triangle bottom line has broken.