Read the charts, Consolidation zone breakout, volumes are growing can be bothways of dump also. So take a small SL for longs.. Short can happen once the results are out.
All about support and resistance and entry and exit of a trade.
Good stock for breakout. - Cup pattern - on 30 min time frame
Breakout without Volume - NOPE - Waiting for some interesting volume to show or pattern invalid and consolidation or fall can be expected. I am quite bullish on this share - closing above 2000 will make a purchase of 2000 call and sit for one week.
Only sustain at current levels - stop loss - 570
2 options - i would go for the 2nd one - seeing Dow doing down and Oil Prices reaching the low.
Chart is self-explanatory
After a good rally, Baj Finance goes for correction, watch out.
Poor results, negative sentiments in the market, might lead Reliance to fill the gap and retest 1250 levels.
NIfty is bearish on Charts - with two breakdown patterns - Rising wedge and H&S - both targets below 8500 - now nifty is trading in a falling range pattern. we should keep an eye on breakout lines.
Watch for a breakout - with volumes or it will be a fakeout. Bearish till 16639 levels. Long after Breakout
As per what we see, operators have taken the stock to 52 weeks high of 918.4 some consolidation needs to be seen now. Profit booking selling should start next week.
Watch out for any side trade. I am quite bullish as hospital tends to generated extra revenue in the pandemic situations