JeeveshP

JeeveshP

Reliance forming flag and pole pattern on daily chart.

JeeveshP

1. Engineers India breakout of 14 years. 2. High Volume

JeeveshP

1. Bollinger band outside inside double bottom. 2. Conformation of double bottom pattern.

JeeveshP

1. Flag pattern breakout seen on Ashok Leyland Daily TF chart. 2. Cup handle breakout. 3. ATH 4. Stock breakout ATH and retest. 5. Consolidation and breakout.

JeeveshP

Is it the formation of cup in Nifty daily chart? Keep an eye on the price movement

JeeveshP

Following points need to be noticed : 1. Price breaking major resistance. 2. Good volume spike. 3. RSI trending up.

JeeveshP

Good volume, no seller, breakout of resistance. Fresh buy once today’s high is broken.

JeeveshP

Look at LL1 to LL3 on price chart and LL1 to LL3 on RSI chart, clearly the bullish divergence is seen in this stock. This is not a recommendations, do your own analysis.

JeeveshP

The trade started moving as per analysis. Currently it is at major support. To break this level it need huge volume and high momentum. Due to good result it will attract big bulls in coming days who will push the price.

JeeveshP

Wait to buy after following signal only. 1. Price may touch 200 SMA i.e near ₹765 in coming week. 2. After this support if green candle appear , new buy signal will come as per golden cross rule. 3. Near ₹765 fib. Support is also there. 4. When price will touch ₹765, it may touch RSI 40 and will reverse from there. This not a recommendation, plan your trade...

JeeveshP Updated 

Reasons to buy at Rs.625: 1. Stock took RSI 40 support after year 2008. 2. Monthly candle closed with no selling pressure. 3. Volume is more than from previous months. 4. Price taking support on 200 week SMA from May-2022 (Previous 200 week SMA support in 2010). Targets : Previous swing highs weekly basis. SL : Price closing below 200Week SMA. This analysis is...

JeeveshP

Following points shows bottom formation of Zensar : 1. Monthly RSI support of 60. 2. Monthly fib. support of 61.8%. 3. Daily RSI bullish divergence. 4. Increase in Volume. 5. Spinning top candle on 1st Aug with high volume. 6. W pattern. 7. Volatility divergence. Buy at ₹255 SL at ₹ 245 R:R = 1:3 This is for educational purpose only. Perform your own...

JeeveshP

It looks the price will break cup handle pattern setup seen in Ashok Leyland monthly chart.