NSE:ZYDUSLIFE Stock is in Higher High Higher Low Formation after major correction, which indicates Positive Trend. CMP above all Weekly EMAs & RSI Rising in Bullish Zone Immediate Resistance Zone @430-435 after which Targets : 460 - 500 - 540 Upside : 35% SL : 395 Time Frame : 3 - 12 Months
NSE:CNXPHARMA Flag Breakout on Monthly Charts Monthly Closing above 50 Month EMA & trading above all long term EMAs RSI in Bullish Zone Next Targets : 14700 - 16500 Upside : 27% SL : 12100 Time Frame : 6 - 12 Months Participate via PHARMABEES, PharmaFund
NSE:CIPLA CIPLA - CMP in Blue Sky Zone and near Life time high Rising in Parallel Channel since 24 month 13 month consolidation in tight range & then resumption of uptrend. Targets: 1320 - 1458 - 1683 Upside : 45% SL : 990 Time Frame : 6 - 18 Month CMP above all major monthly Exponential Moving Averages RSI in Bullish Zone
NSE:LT Cup & Handle formation in Chart Breakout Candidate Good Buy above 1960 Targets : 2090 - 2476 - 2715 SL : 1800 Upside : ~40% RSI in Bullish Zone CMP taking support from Short Term Exp. Moving Avgs
NSE:MCDHOLDING After Bullish Pole & Flag BO Price moving up in Parallel Channel CMP of 851 is above medium & Long Term Exponential Moving Averages Targets : 951 - 1081 - 1161 SL : 744 Consumption Stock RSI Trending up
Axis Bank The stock has broken the important averages. (100EMA & 200EMA) on a weekly TF. Can short at a CMP with a SL of 649-651
ICICI Bank - Bearish One can short from current level with a SL of 704. Note: On a weekly TF the stock has broken 50 EMA and hence on a shorter term the chart set-up in bearish. Long Set-up 644-650 seems to have a strong support level. Can start accumulating from 660/650 and keep space for lower levels. Caution: If it breaks (Weekly TF) downfall of more...
Converging EMAs along with price closing above 200 EMA on a Daily time frame. Supertrend, Hilega Milega, and Relative strength all are positive. Accumulation can also be seen in the volumes along with high delivery. This could be a good reversal trade.
Retracement short setup in HclTech. May fall till 1137.65 - 1125.70 Before taking the trade check all the rules & market sentiment.
Orient Electric is trading near 100 DEMA and potential support zone of 360-365. Overall trend in stock is bullish and a bounce to previous swing high might be possible. As per trade setup we can initiate buy at 360-365 with a Stoploss at 346 and target 394.
ALKYL AMINES: Few key points to note: - A Bullish WOLFE WAVE has been formed - Waves counting are mentioned - Tested the Gann Level of Prior Trend - Recently tested 200 EMA - RSI Exaggerated Divergence I expect a bounce from this point for 3578-3630-3849, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long...
JINDAL STEEL & POWER: Few key points to note: - Near the support & resistance trend line - At golden ratio of prior trend. - Waves counting are mentioned - Recently tested 200 EMA I expect a small bounce from this point for 420-430-447, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long for the mentioned...
At midnight someone bought it heavily, it had broken the ascending triangle support went to previous low and agin went up. It should hold above 51300. Keep eye on 200 ema at15 mins timeframe prices are retracing back from there.
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PHILIPCARB has shown a good entry point today. Trend based indicators show:- Crossover of 10EMA over 20EMA (BUY) Crossover of +DI over -DI (BUY) MACD line entering bullish zone (BUY) Volume based indicators:- CMF showing convergence since 3rd of March (BUY) Ichimoku cloud strategy:- Price crossover above cloud (BUY) Tenkan sen crosses above kijun sen ...
ESCORTS 10 EMA crossing over 20 EMA (BUY) +DI crossing over -DI (BUY) MACD Line Entered Bullish zone (BUY) Price crossover with Cloud Conversion line cross over with Base line (BUY) MFI Positive RSI Positive CCI Positive NSE:ESCORTS
The stock has given breakout from its monthly as well as weekly support levels. A possible retracement is underway, if this support level was held firm by this stock then there will be continuity in the uptrend. . The safest entry levels are above 5400.00 Levels and SL must be below the immediate swing low. . Wating current market sentiment Risky Trades can enter...
Hit like if you agree or comment your views Why long- -Golden crossover formed EMA 20 support Demand zone support on daily timeframe