1. In 15m time frame the DMA's are in perfect order.
2. In 60m Time frame 10 and 20 and 50 DMA have just taken the right positions and the prices are have breached the pivot point
3. In daily time frame the DMA's might take a day or to to correct. SMA's also need to correct.
4. Monthly DMA's need correction
5. The prices are currently showing signs of breakout. Need to watch if the breakout will sustain tomorrow or collapse.
6. Considering the prices the breached the pivot and the 1st resistance, the current movement is confidence inspiring
7. Prices have retraced back from the lower BB in the daily time frame and crossed over the 20 DMA
8. Daily RSI levels are currently around 50 and shooting towards 70 (Hopefully in another day or two)
9. Their earnings are going to be posted tomorrow.
10. Entry at Current price - 15302
Target - 16149 ( 847)
Stoploss -15,278
11. Prices seem to have been consolidating for the last 74 days and it appears that it has now gained momentum to move towards the upper end of the sideways band
12. Entry 586.06
Target 596.28 (Rs 10.22)
Stop Loss :584.05 ( Rs 2.00)
2. In 60m Time frame 10 and 20 and 50 DMA have just taken the right positions and the prices are have breached the pivot point
3. In daily time frame the DMA's might take a day or to to correct. SMA's also need to correct.
4. Monthly DMA's need correction
5. The prices are currently showing signs of breakout. Need to watch if the breakout will sustain tomorrow or collapse.
6. Considering the prices the breached the pivot and the 1st resistance, the current movement is confidence inspiring
7. Prices have retraced back from the lower BB in the daily time frame and crossed over the 20 DMA
8. Daily RSI levels are currently around 50 and shooting towards 70 (Hopefully in another day or two)
9. Their earnings are going to be posted tomorrow.
10. Entry at Current price - 15302
Target - 16149 ( 847)
Stoploss -15,278
11. Prices seem to have been consolidating for the last 74 days and it appears that it has now gained momentum to move towards the upper end of the sideways band
12. Entry 586.06
Target 596.28 (Rs 10.22)
Stop Loss :584.05 ( Rs 2.00)