Aarti industries is at 200 EMA on weekly timeframe.
And upon observing RSI, a clear Positive divergence can be spotted.
This is a good positional trading opportunity.
Do your own analysis before taking any position.
Torrent pherma has recently broken its long time resistance zone.
And right now it is retesting that, which might work as support this time, also it just touched at 20 EMA, which will give it a boost.
good upside potential of 2.5:1 risk reward trade.
Eveready is at support of 20, 50, 100 EMA.
Taking support at 100 ema for last two days,and making shadows downside.
Good opportunity for a 2:1 risk to reward trade.
LRC to break the flag pattern, but wait for the confirmation. Support is seen with 20 and 50 ema and a small but powerful demand zone below. Use for your analyzes
After the breakout from a resistance of 170 zone, M&M FIn has entered to a new bullish territory, and is testing its previous resistance. Good signs are that a bullish engulfing candle has formed taking support of 20 EMA and RSI is also in bullish zone. Entry can be done from current levels till 173 with a SL of low of the breakout candle i.e. 171, hoping for an...
Union Bank is listed as Public Sector Bank & having Market Cap of Rs. 24000 Cr. Union Bank is also engaged in Mutual Fund & Wealth Management business.
When you are having 3 reason to Buy a stock what you will do? Obviously you will Buy....We are having 3 reasons for Union bank:
1. Head & Shoulder Pattern: It is making a head & shoulder pattern & now taking...
This Chart Structure is paradise for Traders
Triangle Breakout
Anchored Vwap Support
21 Day EMA Support
RSI & RS trending up
Its clear buy with SL 280 Levels
Target 340s levels
Formed a triangle + Nearby Fibo level + Also got supported by EMAs
The Indicator Used:
PANEL 1:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to...
