Logic:-RSI positive divergence near trendline support followed by Consolidation breakout
Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP.
Relatively safer stock to bet as technofundamentals are strong together.
HDFC AMC has been in continuous downtrend from late 2019.
As we can see on the chart, the stock has recently bounced from a support level with good volumes.
The most interesting observation is a positive divergence in RSI during the bounce which might be an indication that stock has bottomed.
On Friday, good buying with high volumes has been observed with a...
Vaibhav Global Limited (VGL), is in the business of global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.
Logic: Stock is consolidating since few months after a huge fall and is trying to give breakout of consolidation. It can be a sign of accumulation breakout. ...
get trail of another one study of my bottom fishing scanner this name is eRHr buy at LTP . trg is 1) 1700 2) 1800.
1) good support zone .
2) technically swing trading set up
3) and last one is "my efforts "
.If You LIKE MY Idea …please…Boost its for motivation for study .
for MORE check in my TradingView ID
“Disclosure : I am not...
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Traingle
📌 Symbol/Asset: HDFC BANK
🔍 Description: Stock has is trading in a pattern from last 3 years.
Now Stock is around the support.
We can see good bounce from 1450-1480 levels if support is sustained
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Stock has been consolidating in a small range of 1250-1450 since past 7-8 months.
A weekly closing above 1500 can be a good sign for reversal.
Breakout Confirmation above 1600 DCB. RSI is strong with positive divergence.
Chemical sector is showing reversing signs as well.
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: DELTACORP
🔍 Description: Stock is consolidating from few weeks around 130-140
Stock is now going up in a Rising channel and we can see stock is bottming out here
Stock can see huge momentum from here on
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell...
This is a purely Technical Call.
Low Risk High Reward
Insurance space in India is very premature. With the current gen understanding the importance of Insurance and financial assets, there would be a surge in this sector going forward and not to forget this gen is tech savvy.
PB Fintech Ltd, is a multinational financial technology company, popularly known as...
Dhani is a stock which has crashed in the past few years and I am not a big fan of trading in such stocks.
However, the stock is looking technically attractive for minimum target of 60 and above.
Reason:-Trendlune breakout with higher high, higher low formation wit a positive RSI divergence
Try to enter at around 35 with an SL below 26 DCB.
This is an high...
Concor has given sharp fall from 52 week high of around 828 . Currently stock is in a channel and RSI is showing a positive divergence clearly.
Risk reward ratio at 575-580 levels is very high since there is a strong support at 550-555. Above 610, 660 is the next strong resistance level.
Keep in radar and trade with your own analysis. This idea is shared for...
A hammer candlestick pattern at the bottom of the Parallel Channel along with a weekly Bullish Hidden Divergence provides an indication towards the reversal of the downtrend.
The relative strength is also supporting its cause.
► Bottom Fishing Pick #1 ◄
📌 It’s important to build our own portfolio to create wealth. I have found some ❝ exclusive original and unique patterns ❞ which will help you to generate the assets. Here, I have posted one of my favourite 💕 chart patterns. Please check the description section for entry ✎ and target ₪ levels for given stock.
☆ Kindly like 💗 & share ➥...