cup and handle formation is seen on 4h chart of COALINDIA
Hammers have a small real body and a long lower shadow. Hammers occur after a price decline. The hammer candlestick shows sellers came into the market during the period but by the close the selling had been absorbed and buyers had pushed the price back to near the open. The close can be above or below the open, although the close should be near the open in...
pls refer chart
A *LONG HEDGE * REFERS TO A FUTURE POSITION THAT IS ENTERED INTO FOR THE PURPOSE OF PRICE STABILITY ON A PURCHASE. LONG HEDGE ARE OFTEN USED BY COMPANIES THAT KNOW THEY NEED TO PURCHASE A COMMODITY IN THE FUTURE AND WANT TO LOCK IN THE PURCHASE PRICE. THE LONG FUTURES POSITION MEANS THE BUYER OF THE COMMODITY IS MAKING A BET THAT THE PRICE OF THE...
pls refer chart
Pls refer charts.
Go Long Trinagle formation and double bottom Target 135
Cesc after a fall has resumed an uptrend
The pair ratio has corrected to long term crucial turning point (range). It is also standing at 61.8% retracement of rally from Jan'18 - Feb'19 RSI is in oversold territory Going by history, the pair ratio is ripe for reversal from 38.58 now, to potentially 44+
M&M up by 6% but ranging in an upper step levels. CTP is 184.90. Last two sessions shows good volumn and marginally good upward moments and if stock break 189.00 level (It's resistance zone based on one hour chart) and 191 level (it's an upper step level resistance zone) then the stock will go up. Be cautious as there may be profit bookings. But stock looks...