Most of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level. Daily MACD cut,Weekly MACD crossover, ADX loosening the negative bias,RSI and CCI are in positive mode helps to breakout and reach the target on...
Indicators are showing bullish on upcoming weeks and months. Weekly and Monthly MACD crossover may happen coming weeks and months. Cant explain each and every indicator signals here. All are ready to go positive side. One can enter here for high reward with high risk. Vijayaraghavan.K, Kovilpatti.
Hcl Tech creating a superb chart on daily,weekly and monthly time frames. Indicators are positive. Can expect newer highs on coming weeks and months. Short term target and stoploss shown in chart. Vijayaraghavan.K Kovilpatti.
Hey Everyone! Here I will apply something known as Average Directional Index (ADX). As we know, the ADX line indicates the strength of underlying trend, be it upwards or downwards. It is composed of two other lines, +DI(green) and the -DI(red) line. It indicates, how strong or weak the buyers or sellers are. Few traders use this to understand the reversal of...
adx looking good here with an inverse hns and good supoort below
Pls refer chart. Fully based on indicators view.. Vijayaraghavan, Kovilpatti.
After witnessing the last quarter in a steady downtrend a positive divergence seen in mid December has produced a reversal in this counter and has seen the price rise steadily higher into the value zone around 1280. Momentum indicators shown on the charts are also in sync with the prices as the resistances are been challenged. The support lent by the median line...
will like to accumulate in range of 540-550 for targets of 580 , 595 , 603
All indicators are positive and weekly chart also slowly turns to bullish trend. It may reach the targets (Mentioned in the graph). Cmp@1365 Stoploss:1260(closing basis) Vijayaraghavan, Kovilpatti.
Narrow bandwidth in Bandbollinger band, above avg line in BB band,Rsi positive,MACD line crossover in weekly chart, ADX positive in dialy chart also will helps to move further levels on upper side. Targets are from trend lines( not shown in graph) 570 590-602 616 636 Stoploss : below 516 on closing basis Vijayaraghavan Inditrade, Kovilpatti
All indicators are positive in daily chart. MACD,ADX and RSI are positive ,Stochastic also in uptrend in weekly chart. Price also came out from the range of 410. Next target range is 437-441. Stoploss: 393 Vijay, INDITRADE,Kovilpatti.
Price is above the avg line in Bandbollinger, Selling trend falling in ADX , MACD signal line crossover, RSI positive and in weekly chart Stochastic move to upward direction. These indicators and triangle breakout also helps to move up further Targets are 284 290 304 308-310. Stoploss: 263 Vijay, INDITRADE, Kovilpatti.
Bandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern. From the trend lines(not shown in the graph) targets are 122.3 124.18 126.05 126.5 127.8 129.47 130.45 Stoploss :114.5 Vijay, Inditrade,Kovilpatti