Hammer @ Support. RSI Showing Support. Ready for Triangle Break Out. Price & EMA Cross Over. Will Review near Targets. Other Details Mentioned in Chart. I am not SEBI Registered Financial Advisor.
It has been observed that the price action was trending down for a while and now reached at the strong support zone and formed a double bottom indicating a strong reversal from current levels. T1- 150 SL - 95
1st lag- hike from $1000 to $3000 mark followed by 50% retracement as shown in chart. retraced level $1900 2nd lag- from $1900 to $4900 which was again followed by 50% retracement. retraced level $3100 current lag from $4900 to $6590 but their is a negative convergence(see chart) which i believe can be the start of the corrective phase in coming days.
YesBank can test 345 by end of this week. Aroon Oscillator turned bullish as Aroon Up is greater than Aroon down and this change happened at the close of last week and we can see today YesBank was positive. After all the bad news factored in the price already, the stock is ready for shooting up like a star. Strong fundamentals and strong technicals => STRONG...
If this stock (YesBank) opens above 320 and manages to stay above 322 throughout the noon then the stock will test first resistance at 335. There is strong support at 310. Bullish harami is also formed on weekly charts which is a positive technical indicator. Relative Strength Index (Smooth) is rising above oversold range after staying in oversold for 1 days ...
Godrej Ind : Morning Star Doji reversal candle on Trendline & 200SMA support.
KPIT has a high PEG ratio of 1.48. This means the fair value of the stock is around Rs 100. Technically, it is forming Double Top + Evening Star. Good candidate for short if the next daily candle opens below today's low. Target T1: 127 Target T2: 115 Long Term Target: 108 SL: 139.5 (Today's high)
Stock is @ Support of Channel. Hammer Observed @ Support of Channel. Stock may be of November Series. Other Details Mentioned in Chart. I am not SEBI Registered Financial Advisor.
Refer Chart for analysis & targets
don't go with initial breakout, wait for EOD to make any positions, most false signals come at such setups I am long but, not holding anything, good for day long can be made if Nifty sustains now..... BOOOOMMMMMM big movement surely expected
Dark Cloud Cover candle formation on EOD. Trade Levels: Short at - 171.25 Target 1 - 169.75 Target 2 - 167.85 Stop loss - 173.25
Can go down to 153 in 1-2 months. Can go down to 153 levels and can be bought at those levels...
It has been observed that the price action was deeply pushed down without much change in the fundamentals of the company. It may just be called as healthy correction and now the correction reached to a strong support zone which has been previously tested, therefore there is high possibility that the buyers will come at current levels and will further control over...
CANFINHOME stock price bounce from the medium team support zone 508/538 ready for target of 650+ by keeping stop loss below 473. 1. we can RSI divergence. 2. MACD is positive. 3. RSI above 50.
ICICIBANK has taken support near 264 which is its earlier resistance area and has formed morning star pattern. It needs to close above 272 for confirmation for trend reversal. It it sustains above 272, then 300 looks possible. Below 264, pattern failure.
It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up. T1- 261 T2-268 SL 248
It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes...
In weekly, hammer formed at horizontal support. In daily, regular bullish divergence is seen. sl - 1126 tgt - 1400