Making HH and HL on chart. Vol. is good and high. RSI 65. Above 200 and 50 EMA. Targets on chart for short to medium term. GO LONG WITH SL AROUND 260
Look guys audjpy day chart. This chart Support line 70.80 break so it's 69.23/67.70 near price come possible.
IMMEDIATE TARGET SHOWN IN THE CHART. NEXT TARGET? FOLLOW ME TO GET UPDATES. LIKE MY POST IF IT IS HELPING YOU.
SBI is in the support zone on monthly charts. Holding this level is critical.
Long term perspective Further down side expected in Tata Motors Basis:- 1. 5 day SMA below 20 SMA indicating downtrend 2. RSI on monthly and weekly chart below 40 3. Negative reverse divergence indicated by RSI forming higher bottoms and the chart forming lower bottoms (marked with black arrows) 4. Good red volumes The chart in the post is candlesticks. Reverse...
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Good charts always support traders
NESTLE on weekly chrts showing clear negative divergence. daily charts looks weak.. reference helpful for long term investors
Om Namah Shivay Trying few geometry testing on chart. Self explanatory. Not much is explianed on the chart. Om Namah Shivay
HUL after its mammoth run for the last few years has formed triple negative divergence on monthly charts.
Nifty What Sector? (Will Hind Unilver Shine Again) Nifty FMCG Sector is in on crucial stage again in this week will it again shine again in coming week , let see , indications or probability are strong that this sector will again shine in coming weeks as are major stocks showing the same directions in this sector . Last 21 days Momentum has decreased also...
21300-21850 is a major supply zone in Hourly, Weekly, and Monthly chart. On the downside support @ 20450 and demand zones @ 19700-19800 and 19100-19250. As expected Bank Nifty will open gap down and I don't know how many points it will open in negative. After a gap down it may bounce or it may go down further. I am not that much smart. So I will focus on the...
Nifty is facing a major resistance near its major supply zone @ 9850-10000. I am calling this zone as a major supply zone because on the higher time frame (weekly and monthly) this same zone will act as a major resistance (Shared Weekly and Monthly charts in the previous post). On the downside the is a minor demand zone @ 9500-9580 then 9300-9420 and short...
Nifty will face major resistance @ major supply zone @ 9985-10250 on the monthly chart. On the downside minor demand zone @ 9450-9500 and short turm major demand zone @ 8460-8600 for this month.
On daily charts we can see Cup & handle pattern, if it is able close above 567 levels on daily basis. it can rally 10%. if it closes below 527 and opens gap down tomorrow, it can fall upto 500 or 445.