i usually dont post on indices but this analysis will help you for both indices and stock analysis
but will be much useful for option buyers as stock buyers they wont lose if stock is side ways
guys usual learning rsi below 30 oversold above 70-80 over bought different people take it differently
and macd above center line buy below center line sell, or in...
NSE:SHRIRAMPPS has been trading below its resistance line for a while now and today it has broken resistance as well as 100 EMA. Long position can be taken only after candle closing above resisitance.
In 1 day stock is nearby its lower trendline, Currently took support from 50Daily EMA as shown on 1st chart. Also got some demand from the Demand zone. Breakout with high volume.
In 2Hrs timeframe it has completed 38.20% retracement and also supported by 200 ema.
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY...
