Watchlist & Game Plan For 10-10-2022
October 8, 2022 2022-10-08 13:12Watchlist & Game Plan For 10-10-2022
Godrej CP: Big Gap down and also breaks 200 SMA support. Volumes too expanding. On watch for positional short.
BPCL: Failed to hold 8 EMA and RSI slipped below 40. ADX is rising with -DMI dominant. 300 is crucial support below which more panic.
Biocon: 20 EMA consistently acting as resistance. Already broke the trendline and strong follow up seen. On watch for short as per intraday set up below 280.
M&M: 20 EMA acting as resistance and now struggling to hold 50 EMA. 1210 is important support below which planning short.