after long consolidation period now Reliance is ready for good moves with few positive news surrounding it
Bullish engulfing @ imp support,rsi up from oversold,good volumes.SL below the candles low.
Engulfing pattern with volume spike in daily chart also rsi pointed up from oversold region.Buy above the candles high with target around 62 & stop loss below the candles low.
Huge bullish engulfing at the major support level in daily chart with very good volumes suggesting buying interest.Rsi also pointed upwards from oversold region.
Symmetrical triangle formation , If breakdown then ignore Big volume , RSI is already uptrend Wait for the perfect breakout and retracement Target is based on the resistance LOT SIZE = 10 pure Price Action Analysis FOLLOW FOLLOW FOLLOW LIKE LIKE LIKE COMMENT COMMENT COMMENT
RSI made higher high (HH) that means trend reversal signal Line charts made lower Low (LL) Thats means its a rsi divergence Tight trendline also broke Bullish engulfing pattern in candle charts also All these happened at major support level TARGET = 478 LOT SIZE = 1851 6 types of price action & technical analysis confirmation before this trade FOLLOW FOLLOW FOLLOW
TATA Motors has picked up positive momentum after taking support from 200EMA. Price crossed 50EMA and formed Bullish Engulfing candle, signifying positive momentum Basis Fib levels, a minor resistance can be seen at 139-140 level, once breached it can go Up, near to resistance zone 150 in next two weeks.
(Positional Trade) | RR 1:4+ | Pattern :- Ascending Triangle Reasons To Trade🤔 :- Bullish Sector, Stock In Uptrend, Above 200 DMA, Forming Perfect Ascending Triangle, Last Candle- Bullish Engulfing. Entry :- 770 - 780 Stop Loss :- 750 - 755 Targets :- 815 -> 848 -> 868 -> 900 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me...
Banknifty is looking good to go long (Plz go through my previous weekly idea of bn) 1. BN retraces after touching 24100 (yellow marked line) 2. Took support and bounced from 23150 level (previously marked; green line) 3. It has breahed 200 dma convinsingly in PDS making a bullish engulfing. 4. A good rally may be seen from here. First target 25100. This is...
Need I say anymore? Thank you, Supreme Court. :)
ICICI Bank formed a bullish engulfing pattern on daily charts. Catalyzed by an order of the Supreme court, the trading opportunity is huge. Buy on open with a move of at least 2-3%. NSE:ICICIBANK
#Bullish engulfing on the hourly chart. Stop Loss below 20800 on hourly closing. Looks good up from the current market.
Bought GRANULES , Target = 379.65 bullish harmonic pattern observed as well as double top formation at all time high expected profit = 11.70 % Stoploss = 4.39 % Bullish engulfing candle also appeared with decent volume
FINEOTEX CHEMICAL LTD: Bullish Engulfing pattern. The stock tried A year-long resistance and breached it. Waiting for price action and volume confirmation. Watchlisted for now. “In investing, what is comfortable is rarely profitable.” - Robert Arnott Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken...
That's a tight hug. Will JI(NDALSTE)L come tumbling after? Looks like the bulls are engulfed.
The stock re-tested its crucial resistance turned support at 567 and rebounded making a Bullish Engulfing Candle on daily TF. Positional: Buy above 607 for 615, 620, 630, 640 with SL at 597
CLACSIC BEARISH ENGULFING CANDLESTICK PATTERN AR THE 20 DAYS EMA + 36% FIBO RETRACEMENT.
BTST TRADE IN MANAPPURAM FIN BUY@157.75 STOP@154 TARGET-1@162 TARGET-2@166