NSE BRITANNIA – Bearish Setup
NSE BRITANNIA is forming a corrective formation. The price is falling below 13 & 20 EMA, and RSI is 43, which signals the bearish sentiments of the price. The rise in the average true range is an indication that sellers are seriously supplying sufficient volatility.
If the price sustains below 5010, traders can initiate selling positions for the following targets: +. Free subscribers can take the previous day’s high as an invalidation level. Traders can see a big move after the breakdown of 4950.
NSE PAGEIND Bottom Fishing
NSE COALINDIA – Breakout Setup
NSE COAL India is trading above 100/200 EMA and taking daily resistance from 13/20/50 EMA. The price reversed with a double eight reversal that formed by having two swings of 0.618 Fibonacci reversal.
If the price breaks out at 231.4 on a closing basis, traders can buy for the following targets: +. Free subscribers can take the previous day’s high as an invalidation level.