Returned after facing resistance. below 21 EMA sell below 1499
breakdown on major diagonal support and triangle pattern
gave long tail pin at 21 EMA on daily, rangebound on 1 hr chart can give good downside or upside move on diagonal support
Doublebottom uptrend now facing major resistance after breakout or breakdown good move either side
showing weakness as not going upside and stays in range for 4 sessions with bearish divergence and stable volume can give us good downside move. plan trade accordingly.
showing bearish divergence as with weakness. gave tweezer top can see good downmove
It may show some downside as rsi divergence and brarish signal of dark cloud cover like pattern.
Reliance gave spinning top at 52 week high, so its indicating of small retracement or downside. For intraday trade we were waiting for the zone or confirmation to enter the trade. Today it covered half of the spinning top candle and then gave pinbar. moving average retracement indication. inverted flag pattern. we entered at flag breakdown + MA crossover-1417 sl...
BEML at strong resistance if not broken then downside possible. act on levels
Nifty 50 gave double top with tweezer top. looking for breakdown for good short selling opportunity
sell on levels icicibank upmove failing - candle with long wick above body. insidebar with long tail
taking 21 EMA as support after goof upmove can see upmove take trade on levels only