Investor Choices

BROADENING BOTTOMS Broadening bottom live example. Two higher highs and two lower low is required for broadening bottom. 3rd high will retrace little and break that resistance line. Take the trade  #stockmarketindia    #technicalanalysis   #trading   #nseindia #autoindustry   For educational purpose

BROADENING FORMATIONS, RIGHT - ANGLED AND  ASCENDING Hi Investors there is " Broadening Formations , Right - Angled and Ascending " found in NIFTY IT . As per this formation there will be horizontal support and a ascending resistance line. Mostly breakout will be provided on downside . One partial decline is required which is almost done done it has touched its Fibonacci 50 % level you can avoid IT stock as it is short term bearish reversal sign . There will be good buy again in IT near 2430. thank yoU