Changeinpolarity
ABCAPITALABCAPITAL (W):- 101 CMP, looks good for more upsides keep track :)
Invaild Below 75 WCB SL
ABCAPITAL now in uptrend (As per Dow Theory)
#kotakmahindrabank:flag pattern&channel breakoutmomentum 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. There is likely for further up-move and an entry
above current candle high with stop loss close below neckline on resistance zone
could work out.
Reliance Getting Ready for next rallyBuy 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 could bounce bullish divergence and change in polarity#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 enough points to trail for a swing trade
3MINDIA 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 bullish momentum reverse divergence #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 weeks low as stop loss could work out low risk trade. metal sector is also having enough momentum.
#kotakmahindra channel momentum breakoutkotakmahindra 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 came back retest same support more than once and now
could be moving up.
RAMCOIND RAMCOIND (W) :- 327 CMP, Looks good for more upside :)
1) CIP ZONE (Change in polarity)
2) Volume Spurts
RAMCOCEM RAMCOCEM (D):- 1110.65 CMP, Looks good above 1150 for more upside :)
1) CIP ZONE (Change in polarity)
2) Wait for conformation :)
DOLLOR DOLLOR (Weekly):- CMP 309.8 LOOKS GOOD FOR MORE UPSIDE :)
1)Multiyear Trend Reverse :)
2)Change in polarity
HEROMOTOCORP AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 3000
Support broken and tested! Prices falling!
Support broken, now is a new resistance which has also been tested! Prices keep falling
