Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
BILCARE LTD (BSE)- Weekly Chart- Cup & Handle Breakout
CMP 67 Buy For Target 83-120-150-170-210-300-400-500+
Buy More If Get @50-55
SL Below 40
Holding Period 2-3 Years
DLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303
All the moving averages giving Bullish signal along with RSI and MACD.
Buy : above 303
Target 1 : 315-316
Target 2 :...
My Analysis:
Stock had initially formed Cup and Handle kind of a chart patter on Daily Time frame and it gave a breakout.
Stock is now retracing after giving a breakout. and bouncing from the support zone of 57.25 - 57.55 which was initially acting as resistance.
All the moving averages are giving Bullish signals.
Hence it's a good buy at the CMP that is...
My Technical Analysis
1. Bullish on weekly timeframe.
2. Broke down trendline on daily tf, hence buy bias.
3. Supported by the 50 EMA on 4h tf.
4. Nicely Rejected by the previous higher high and wick is near the 50 period ema on 1H tf.
5. Trendline break on 5min tf with a bullish engulfing candle.
RISK REWARD RATIO - 1 : 6.66
Guys, I just wanna say that...
quick overview:
Looking at gbp/usd we have seen that we have been in a long term up trend but we have kind of stalled out around the 1.37400 region we can see that on 4hr we have stalled at this region but I'm not convinced that this is the top I don't see how gu will drop off that much we have been going up steadily with pullbacks I expect another pullback...
