After a good recovery from the lows of 822 to 900, seems like the downtrend in Escorts NSE:ESCORTS may not be over yet. The Auto index NSE:CNXAUTO appeared extremely Bearish today forming an Evening Star pattern. I can see that Escorts has formed an Evening Star like pattern as well and has reversed in the 50%-61.8% retracement zone of the previous...
SBIN daily charts shows the Ichimoku cloud top providing support. Long position in futures @ 260
Already added one lot CASTROL 165CE. Look for more, CASTROL 165CE Buy range 2.4-2.7 SL 1.8 TRGT OPEN
Positional view. Other Details Mentioned In Chart. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.
1: HDFC Bank Monthly, Price making Higher high 2: RSI Making Higher low 3: Safe until stock breaks 8 EMA (Not in this pic) on Monthly closing basis. Short term investors can tighten their trailing stops NSE:HDFCBANK
hi guys NIFTY creat hammer in upward please wait for the confirmation candle and put your orders possible way to up SELL TP2: 10627 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be...
This Stock is been traded within this range for few months. Currently it is gaining momentum as bullish. We can look for a short term trade as a bull. Target can be last few highs 984.40 1004.70 1029.55 Trailing stop loss of 30 points from cmp 975
ARVIND should buy above 396 Reasons for Buying 1. Stochastic oscillator 2. RSI oscillator 3. Morning Star Formation
NSE:SBIN is coming down from 280 which is its weekly resistance and closed below its daily support of 260 ......looks like it will come down to 240 which is its monthly support.....will will look to short next week.
We can observe that the lower low made is not supported by the indicators thus forming the divergence and showing the strength. It is formed Morning Star Candlestick reversal pattern which is reasonably reliable so one can buy the stock at current level by providing the appropriate SL. We can expect the target of 1815 which offers a good Risk to Reward trade....
CMP: 28590.45 Hammer formed in Downtrend Next Candle close above Hammer Candle Target: 29500 SS: 28257 NSE:EICHERMOT
After a long downtrend from 4300 levels, looks like Nifty Metal index NSE:CNXMETAL has managed to get some support at least temporarily at 3320 levels. It will be interesting to see what happens at the trendline resistance which is currently around 3700 levels. I can see a Double Bottom here with positive divergence and also a Morning Star formation. Good...
Pattern Analysis: Cup - Handle along-with Harmonic Bullish BAT Detailed mentioned on Chart Including Levels.
Long if price > 53.4 SL=51.85, Target=56.5 Short if price < 51.85 SL=53.4. Target=48.75 r:R for both 1:2
IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above
IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above 54 can lead to 60 within 2 weeks time frame.
Good time to go long for a positional trade. SL below 325 on closing basis. Then just wait for a surge up. Targets could be 341/351/365/370 etc (futures prices July contract). - Yes has been taking support at the 100 MA for the past 4-5 weeks. - Stochastics look good. - MACD (daily chart) showing signs of a bullish crossover - Inverted Head & Shoulder formation...
i would probably like to go long in the counter and still feel that a some sort of strength still left in the script ... keeping in mind that a tough tough resistance at range of 685 - 695 is diificult to break! sl 637 - 640 tgt 685, 695, 734 +++