Bollinger Bands (BB)
PCJEWELLER: BB Squeeze Again!PCJEWELLER is again in narrow Bollinger Band squeeze which happens repeatedly with this stock (red arrows) and then it breaks out explosively up. RSI and volumes show nothing significant as of now. BB squeeze can lead to massive up or down break. Waiting if it will breakout again this time.
Triveni Engineering & Industries LTD - Multiple Indicators 📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500nif
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Sugar / Agricultural Food & other Products
DAILY TIMEFRAME W PATTERN BREAKOUT
WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 291
🟢 Target 🎯🏆 - 339
⚠️ Stoploss ☠️🚫 - 267/260
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Why am I bearish on IndusTowerHey, check out the trade setup for Industower
All 3 parameters are matched for a short trade.
Trade setup in Futures
Short : 193.10
Stoploss : 201
Target : 170 and 163
Options Trade
Bear Spread
Buy 29Sep2022 195PE
Sell 29Sep2022 190PE
Max. Profit: ₹ +7,280
Max. Loss: ₹ -6,720
Equifax (EFX} DailyIn September this year the credit monitoring company plunged nearly 10% witnessing a collossal 35% drop after it disclosed last Friday a massive data breach, which possibly impacted up to 143 million Americans. The stock's drop has wiped out about $6 billion of its market value in the process. The Equifax breach was not the largest ever, but it was notable for the kind of information that was put at risk.Post that the prices had reached oversold region and then the rebound happened over the past few days have started struggling near the 38.2% Fibonacci retracement of the sharp decline. After rebounding a minimum 1/3 the selling pressure has started emerging and the Bollinger Band has narrowed forming a squeeze leading to a possible decline in the coming days. Hence a short below 107 is a good trade to initiate.Once it emerges updates shall follow.
HDFC triangle breakout pullbackThe stock has broken out of an upward sloping triangle with good volumes.
The shooting star at trendline and bollinger band resistance is followed by a red candle will lead to a pullback to the breakout resistance (now support) giving us an opportunity to buy.
The RSI's overbought signal indicates the same.
A very great stock, also considering the pressure on PSU banks, private banks like HDFC would do well.
Medium and long term trend is up. (50,100,200 MA's)
Target, let your profits run until you get a clear reversal signal.
NIFTY gartley/ harmonic pattern Lets see if a reversal signal is generated.
Nifty has filled the last two recent gaps, so I am expecting it to fill this one too if the pattern becomes valid.
BB has tightened up, a breakdown could add to confirmation. (Median 20 MA acting as support for now at 9602-9604.
Zee Entertainment: Volatility Drops, Price Ready for a SpikeThe stock has been consolidating in a tight range recently. Notice the convergence in the Bollinger Bands, suggesting a potential "squeeze". The price has also bounced off the lower line of the trend channel, which is another positive sign. This stock is in my watchlist.
5 Days EMA crossing 50 Days EMA with Bullish bollinger Band ExpaHDIL stock is making a bullish move from range of 75-80 to the upper range of 90-95 in weekly charts...
5 days EMA is crossing 50 Days EMA from below with an expansion of bollinger band which is supposed to be very bullish move.. and RSI is around 60....
80 to 81 is a good buying range with a Stop Loss of 77-78 and further targets would be 90-95...
In monthly charts there is a 50 days EMA in the range of 90-95 which could act as a strong resistance so booking profit below the EMA would be good .....
Please Like, Follow and comment your views too.. :)