5 Steps that I follow , If I get any stocks which qualifies for the below critaria I go long
Step1: 5 Day Moving Average crosses 12 Day Moving Average from Below and the gap expands for next candle
Step2: Blue line crosses red line from below and the gap expands for next candle
Step3: Enter at any point in Next Candle or enter when prevous High is broken
Step 4: ...
MACD crossover and indicators are positive. These signals will help to breakout the triangle and reach the target. Above 94, it may reach the target range of 115-120.
Vijayaraghavan,
Kovilpatti.
All Indicators are positive. Inverse Head and shoulder pattern formed after breaking the neckline it ll confirm that pattern. Trend line breakout happened. All these factors will help to move further.
Targets are mentioned in Chart.
Vijayaraghavan
Kovilpatti.
Weekly and daily MACD crossover, Low stoch in weekly chart are helps to move up further levels.(Trend lines are drawn from weekly chart)
CMP:158.9
Targets:
161
167
176
182
Stoploss:
147(Long) on closing basis
153(short term) on closing basis
Vijayaraghavan,
Inditrade, Kovilpatti.
Indicators are slowly turning to bullish trend. Already triangle breakout done, Macd crossover also going to happen so can expect the further upmove on this stock.
Targets& stoploss:
Mentioned in the graph
Vijayaraghavan,
Kovilpatti.
BHEL
CMP 90.30
Results are bad and stock has seen some beating... but will it fall further... or we have heard of sell on good news... can this be a buy on bad news and will it rise against the odds...???
Lets see what the chart is saying...
- we observe 20 day EMA recently crossed over 50 day EMA giving some strength
- Currently 20 day EMA is at 92.2 & 50 ...
MACD line crossover and ADX,RSI positive, Stochastic is in mid range from over sold to overbought region. These indicators will help to move up further. Triangle breakout also may done today.
Targets are
43.64,
44.50,
45.60,
48.57,
50.95,
52.5(if close above it may touch 61.83)
Stoploss:36.5
Vijayaraghavan,
INDITRADE,Kovilpatti.
MACD zero line cross over, CMP above the bandbollinger avg line, RSI positive helps to move up further.
Target:
43.19
stoploss: 39.15.
Vijay,
INDITRADE, Kovilpatti.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
