ICICIBank took 21 day EMA as support and bounced back. Bullish signal as on horizontal level it took previous resistance now support. Buy on level
Price action - Bounce on 15 EMA and if tomorrows candle is also green and above the 15 EMA then enter for short term target of 628 Ichimoku positive and future kumo is green. Note : This is for educational purpose only.
After a rising window , price consolidated for a couple of weeks , and then a nice breakout , which coincided with the down sloping trendline and the 50 EMA. Longs may be initiated for a swing target of 180 with a stoploss around 153.Also the price has crossed its 200 EMA , though closed below it.
NSE:INDIACEM On weekly charts ,there is a breakout from flag pattern and triple bottom has been confirmed. the pullback of the flag coincides with 50% fib retrace. Long positions may be initiated at a throwback to the flag or after consolidation breakout on lower time frame . Its trending above its 200,62 and 13 period EMA and after bullish crossover of 13,62 EMA...
HDFC has been in a nice long term uptrend trending above 200 EMA, and is just given 13,62 EMA Crossover. Also the price has broken up from a consolidation zone and confirmed a double bottom. Long position may be initiated above 1737 with a target of 1800 and SL 1725
ADSL trying to move up after long time, it will be too early to say they will go up defiantly in future, but can buy small quantity and keep adding if it is going up
Will June 2015 be repeated again? 50 EMA crossed 200 EMA, Price went up, but fallen 1000 points... Let's see