IndusInd Bank moving averages are in a mood for positive crossover on monthly charts.
Monthly chart may have an golden crossover in coming few months
Target of 1500 - 1600.
Wait for at least 13-50 crossover to complete before entering the stock.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Golden Cross is strong bullish moving avg crossover where short term moving avg crossover long term moving avg above . on chart we can see 9,20,44,200 this all moving avg crossover at one point that is called bullish moving avg golden cross. this crossover does not happens often, but when this golden cross occurs stock up move very strongly ... we can see 5 year...
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ This is my first video plz share your reviews and comment it will keep me motivated :)
✺✺ Target: 1000 Followers ✺✺
$$lOGIC:
✣ Weekly basis " 30% fib retracement + 50dema support on Week charts
✣ Daily charts breakout of Wedge pattern and sustaining above the breakaway gap, consolidating beautifully...
Rounding bottom formation weekly charts.
Ascending Triangle BO on daily chart.
MA crossover.
Increasing Volume.
For educational purpose. Trade at your on risk.
Please taken entry once share have broken its Multi year resistance at 566 or below depend on your Risk appetite.
1. Multi year Resistance at 566
2. Golden crossover of 50 -200 EMA in coming weeks.
3. Stocks is currently at nearly at half way away from its Life time high.
Dear traders , IOC can shoot like a rocket if this double trend line crossover is broken. A good breakout with volumes can make this stock multi-bagger as this is weekly chart so target levels will be high.
This chart analysis was done by me only for educational purpose. Feel free to share your feedback/queries.
Currently playing on a level field of 1690s and rangebound in 1680-1700 range. Tried to break resistance in the last 15 min of Friday closing, but eventually slipped down. Ready for an upmove as confirmed by 50-200 EMA Crossover. Green Buy signals for INDIGO at Current Market Price. Set your targets according to the marked or observed levels.
Recently broke a good weekly S/R zone.50-200 crossover just happened. Currently retesting the S/R zone. Can be expected to give an up movement soon if it took a support on S/R zone.
Broke a long time downtrend recently.20-50 EMA crossover happened in daily chart. Expecting to go upside if breaks the supply/demand zone with a good volume.
Stock has given a breakout over it's neckline of the inverse head and shoulders pattern, with high volumes and buying crossovers on various oscillators. Stock looks to be in uptrend and buying will remain intact. Pitch right in and go long with the mentioned stop-loss, for the mentioned targets.
