SBIN Trend Analysis ~ UPTREND ~ 50 SMAAs per the 50SMA(Simple Moving Average) SBIN trend Analysis is moving UPTREND.
For Education purpose only.
50sma
Havell Weekly Bearish !!!Havells weekly bearish and it may take some rest at 50 sma or 100 sma avoid long... go short for target 675-650
BPCL BULLISHBPCL DAILY, good bullish breakout above 50 & 200 sma after several rejections expecting some bullishness.
BRITANNIA SMELLS BEARISHBRITANNIA facing resistance at 50 sma, at supply zone, bears seems to await ferocious to attack the price downwards.
Target 3000, Go short
JSW STEEL BULLS EYE !!!JSW STEEL after a long downtrend given bullish breakout and above 50 sma.
Will it touch 200 sma? or will it respect the channel once again?
I'm bullish till supply zone 305 above 315 final target will be 330 sl 270
BALKRISHIND FIGHT AGAINST 50-100 SMA !!!BALKRISHIND good upward breakout from downtrend channel.
No doubt it will break the 50 sma and it will rally to 100 sma but 100 sma is a strong resistance for balkrishind because previously twice 100 sma has rejected the price from going up.
target 915-920; sl 805
PEL ABOVE 50 SMA TIME FOR LONGPEL after two failed attempts to break 50 sma (see arrow mark) now successfully broke 50 sma.
Now heading towards resistance zone.
target 2350-2400; sl 2255
KOTAK BANK LOOKING GOOD FOR BTST OR SWING TRADESUPPORT OF 50 AND 100-DMA @1032 AND 1030 LEVELS
REST LOOK IN THE CHART....
#LICHSGFIN - Falling ChannelLICHSGFIN is trading in a downward-sloping channel for the past six months. Today it has given short-term breakout above swing high of 577 which coincide with 50-day SMA. It has now resistance around 590-591 trendline zone. It needs to close above falling resistance trendline for trend reversal which will take stock towards 660-675 zone.
TATA STEEL FLAG PATTERN BREAKOUT TRADE-stock managed to break-out from its flag pattern on 19th dec
-it also found new support @50-dma (700)
-macd has shown positive crossover
-rsi is shown momentum
-it looks like we will test 730 before we enter oversold zone
PLEASE LOOK IN THE CHART BEFORE INVESTING.....
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#PNB - @61.8% retracement & near 50 SMAPNB is @ 61.8% FIB level and also near 50 SMA. Downside looks limited.
#CANBK - @61.8% retracement level & near 50 SMACANBK has taken support near 61.8% FIB level of 360 & also 50-Day MA is @ 355. Looks like downside has been capped.
