at this point of time RAIN inds seems to technically more attractive as the bulls are able to keep up the break out above 50 DMA which shows bulls are preparing for some heavy action on this stock. LONG and HOLD till the bearish cross of 50 DMA. keep a STOPLOSS of 164.
The earlier chart was not Dividend adjusted after re-checking the chart settings.
Hence, had to re-post
The way i read this monthly #chart - #Gail is gearing up for the "Mother of all rallies" as long as it respects the prior swing low of 300. My initial target is 575 #BULLISH
The way i read this monthly #chart - #Gail is gearing up for the "Mother of all rallies" as long as it respects the prior swing low of 300. My initial target is 575 #BULLISH
Hello Traders,
After the rally to 20,000 and a deep correction, completed Wave I and Wave II of Bitcoin and potentially started a new wave of which Wave 1 and Wave 2 is potentially complete, which then makes the next wave which is going to start soon or started just now Wave 3 of Wave III which is considered to be the longest and fastest Wave.. And given the ...
after a long down trend jindal stainless is attempting to reverse the trend , on its previous two attempts in the near term it has failed but this time it has shown a strong bullish sign with a hammer candle following with the confirmation gap up bullish long candle , time to go for LONG in this stock
it also tries to form a head and shoulder pattern with the ...
BANKNIFTY seems to have completed its pullback, buy with a tight stop-loss of 27540 and a Target of 27940.
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Buy LUPIN @ 847-854. Target 925-945. Watch out for the golden bullish cross coming. If the cross comes then go long . The golden cross comes after 244. Lets see. Be ready.
ITC is looking strongly bullish after breaking the neckline/ resistance of the triple bottom pattern.
Overall long term trend is bullish as the price is above 100 EMA.
It may rise to 20-30 pts and if it crosses 330 in the near future it will go much higher.
The MACD line crossed above signal line and moving upwards.
In weekly/daily, price just bounced from ascending channel support.
Also price broke out of falling wedge with good volume, also price closed above upper BB.
https://www.tradingview.com/x/DVNch0Np/
sl - 450, tgt1 - 545, tgt2 - 580
In daily, price retraced then reversed from horizontal support,
https://www.tradingview.com/x/0f3Hk7tC/
In weekly, price in an established uptrend, it broke out of ascending triangle pattern and going up.
