Short term view MAPMYINDIA 1186 ABOVE Short term view
MAPMYINDIA 1186 ABOVE
Charts for Educational purposes only
Please follow strict risk reward and stop loss if you follow my level
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V Trade Point
MAPMYINDIA trade ideas
C.E INFO SYSTEM, whats next??every details i have mentioned in a the chart, with using the best tools along with the matching colours.
FOLLOWING IS MY ANALYSIS ON THIS STOCK-
THE BEST THING TO NOTICE IS, the blue lines which i have drawn, have been declining its angle, therefore the stock is correcting itself, its not correcting its price by a straight fall, it is been following the wave pattern very well. this is because the business structure of this company is great, with low debt, and raising profits. so there is demand in this stock, which is why its making the stock to fall straight down, and get corrected.
Map My India (India)Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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C.E. INFO SYSTEMS LTD - MAPMYINDIA(NSE) | SYMMETRIC TRIANGLEC.E. INFO SYSTEMS LTD - MAPMYINDIA(NSE) has been forming a Symmetric Triangle since the start of the year. The blue line i.e., had acted as a good Resistance as well as a Support as shown in the figure, as indicated by the two yellow, curved arrows. In short, a long candle cutting the triangle upwards can trigger an upward move till 1876(green, dashed line) and a long candle cutting the triangle downwards can trigger a downward move till 1649(red, dashed line) in the coming days. Watch out thoroughly.
