Sell 510 PE at 7 Sell 570 CE at 8.25 Buy 500 PE at 5.5 Payoff Graph - unofficed.com Hedge - Long Fut above 580
The stock personality is 200D EMA. A big green candle has been formed at 200D EMA indicates a good buying pressure. One can go long for a long term investment.
Trading around long term personality, it has moved out of weekly demand zone. One can go long for a take profit around 1800.
The stock is trading at its long term personality of 365D EMA. There's an S-R around 3415 levels and it may bounce from those levels. Below S-R, there are monthly and weekly demand zones.
Buy - 120 - 125 CBSL - 75 Target - 245
There was a huge sell off which pushed the price at 75D EMA which also looks like the mid term personality. There's also a monthly & weekly demand zone below 8700 and possibly it would react from the demand zones. Let's wait and watch what it has to offer.
Buy - 714 - 718 CBSL - 687 Target - 758 - 778
Flag formation can be seen on the weekly chart. Expecting a breakout which could further lead to a good rally as the major trend has been upwards.
The stock personality is 75D-100D EMA. It has formed a harami pattern taking a support at 75D.
Demand zone triggered. Buy - 93 CBSL - 87 Target - 105-110
The stock has been hovering around weekly demand zone taking a support at mid term personality of 100D EMA. One can go long on a bullish candle formation.
The stock has a strong personality of 50D EMA. An ascending channel is formed and a reversal can be expected for tne channel support.
The stock has formed a big red candle taking a support at 75D EMA which is also it mid term personality and a reversal can be expected. There's also a weekly demand zone in the range 500-510.