on weekly charts 1. ascending triangle pattern 2. bounce from the slope of ascending triangle 3. 3>6>18>50>200 Week EMA while price bouncing from 200 week EMA and closing above 18 week EMA .18 week EMA provides a strong support and can be used SL 4.price closing in 2 year high zone 5.weekly MACD (12-26 ) showing positive momentum entry - ideal at 2350...
Life Insurance Corporation of India is an interesting chart with following 1. RSI on all time frames above 60 (DWM) 2. Narrowing Bollinger Bands on weekly chart 3. Price Gain with high volume 4. Price walking on upper Bollinger Band on daily chart 5. ABCD pattern under formation on weekly charts Major Support 20 Week SMA 990-991 and 50 DMA 984 20DMA 1007...
noticed all coins have pushed their limits except for FLOW. it is still hidden (IF) only (IF) a bet a blind bet you want to take for 10X . this can be one of it. Still accumulating under large scale if at all it comes back to the box and we see a breakout 2-3X is foresure. not a financial advence just my theory on the basis of charts.
CMS info trying to come out of a long base Good for positional
-Posted good results -Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol) -Recovered fast from 4th June (election result day) bloodbath, again strong stock sign. -in Tightness phase (volume drying), needed...
Following Are two interesting bullish Charts to keep on radar 1. ASX:LIC Housing Finance Ltd. 1. RSI on all time frames (DWM) above 60 on both charts 2. Narrowing Bollinger Bands on Weekly charts 3. Price moving on upper Bollinger Bands on daily charts 4. Rising Volumes ASX:LIC Housing Finance Ltd. FIN Major Support 640-650 zone Can be a good buy...
Following is an interesting bullish Charts to keep on radar 2. $Shriram Finance Ltd. 1. RSI on all time frames (DWM) above 60 on both charts 2. Narrowing Bollinger Bands on Weekly charts 3. Price moving on upper Bollinger Bands on daily charts 4. Rising Volumes $Shriram Finance Ltd. Major Support 2410 - 2420 zone Can be a good buy on dips and dips only...
Redington Ltd. is an interesting risk reward chart with following reasons 1. RSI on all time frames above 60 2. ABCD pattern under formation on weekly chart 3. Price moving on upper Bollinger Bands on daily chart Major Support 195-210 zone and next major resistance at 248-266 zone can be a good risk reward with buy and buy on dips near support Lets See How...
Max Healthcare Institute Ltd. is an interesting chart with good risk rewards 1. Breakout of symmetrical Triangle on charts with volume 2. RSI on all time frames above 60 3. Price on daily chart near Upper Bollinger 4. Major Support at 800-810 zone 5. ABCD Pattern under formation on weekly chart Good Risk reward to buy on dips and dips only with next...
-Posted great results. Whole defence sector strong. -Breakout from long base. -After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle. -Tightness - Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume. -Downtrendline tested 3 times.
The daily TF shows bars testing supply at breakout levels. Decent target mentioned in short term. Advantageous for call option.
$JK Cement Ltd. is an interesting chart with following 1. RSI on daily and monthly above 60 2. Narrowing Bollinger Bands and price Walking on upper Band on daily charts 3. Price crossed above 20 Week SMA last week forming a hammer 4. ABCD pattern under formation on weekly chart 5. Increasing relative strength on both benchmark and sectoral index 6. Price...
Granules India Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price moving on Upper Bollinger Bands in daily chart 4. ABCD Pattern under formation on weekly chart 5. Price crossed above 20 Week SMA last week 6. High Trade and Delivery quantity during the week 7. Stock...
Gujarat Gas Ltd. is an interesting chart with following FUNDAMENTALS Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 21.0% Company has been maintaining a healthy dividend payout of 24.9% "TECHNICALS" 1. RSI on all time frames (DWM) above 60 2. Narrowing Bollinger Bands on Weekly chart 3. Price walking on upper...
Accuracy Shipping - Sector tailwind and hence publishing it. Its a penny stock, and i suggest to not to put more than 1% of your capital. This stock can be best added above 10. With Strict Stop Loss of 8.20 Disclaimer : Please exercise caution while dealing with Penny stock. During sector tailwind many stocks will run. This is more speculative and purely on...
Price bounce back from weekly supply zone , looking good to buy at @cmp First Safe Target 1434. T2/1565
Extraodrinary shake out candle and raising prices indicates 1. Range resistance line as first target 2. futher targets drawn may also achieved after supply absorption at range top long consolidation already removed maximum supply at these levels shakeout candle tested supply at bottom comfortably sector support gives addtional confirmation
In Weekly and Daily Time frames, accumulation is done in the complete zone. Any minute supply near Resistance is being absorbed in this week by Big players. Bullishness is clearly visible in 75min TF. Futures can be taken at current price. Good sector support is additional confirmation.