#INDIAMART (D):- 7597.35 CMP, looks good for more upsides keep track :)
ASTERDM (W):- 205.35 CMP, looks good for more upsides keep track :)
ABCAPITAL (W):- 101 CMP, looks good for more upsides keep track :) Invaild Below 75 WCB SL ABCAPITAL now in uptrend (As per Dow Theory)
momentum and trend indicator now showing that all timeframes are bullish stock had earlier broken out of resistance zone back in nov 20 but had retraced back to take support at previous resistance and then bounced from change in polarity aug 2021. Monthly weekly had been retracing in a trendline channel forming a flag pattern which broke out further up last week....
Buy Reliance when Daily Closes above 2480 Stop Loss Closing below 2350 on Daily Closing Basis and low break with 5% Buffer TGT Open and Book P&L when it daily closes below 20 SMA and break low with 5% buffer
#HDFCBANK after breakout beginning of month it has retraced to resistance zone which could result in change in polarity bounce in addition it now has bullish momentum reverse divergence as well both on daily that could take it back to 1598 at least. remember both are not confirmed yet. however make note that there is resistance up there at 1641 but that has...
3MINDIA (W):- 22839.65 CMP, Looks good for reversal (Dow theory follow by 3MINDIA) NEXT Target 31700/33000 As per price pattern 1) CIP + Bo retest zone (Cluster Buying Zone ) 2) high probability Setup
#nationalaluminium #nalco 4 bar bullish momentum reverse divergence seen on weekly charts that could pull up to 98 levels again. Daily momentum has taken support and bounced up.it could also turn out as a resistance acting as support and change in polarity bounce up move is also a possibility. Long entry on confirmation if next week candle staying above this...
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area. momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly where it broke put earlier from resistance and then...
RAMCOIND (W) :- 327 CMP, Looks good for more upside :) 1) CIP ZONE (Change in polarity) 2) Volume Spurts
RAMCOCEM (D):- 1110.65 CMP, Looks good above 1150 for more upside :) 1) CIP ZONE (Change in polarity) 2) Wait for conformation :)
DOLLOR (Weekly):- CMP 309.8 LOOKS GOOD FOR MORE UPSIDE :) 1)Multiyear Trend Reverse :) 2)Change in polarity
One can intitate Buy position in HEROMOTOCORP with target of 3000
CMP 98.15 SCHAND looks good to me for 134/260 Target with Stop Loss 75 1) Change in Polarity 2) Huge Volume Buildup
Support broken, now is a new resistance which has also been tested! Prices keep falling