NOCIL, Technical Outlook

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CMP : 263.35
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249

Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nota
Today's piercing red candle, shows the price could resume its down trend.
For breakdown the level of 249 is important.
istantanea
breakoutChart PatternsgmmaguppyTechnical IndicatorsMoving AveragesTechnical AnalysistechnicaloutlookTrend Analysistrendprediction

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