strong breakout with great volumes seen in Kalyani steels. Great time to open a long position in this script after retest!! triple bottom and golden crossover is seen in the script
Watchout for Golden crossover in INFY above Red Resistance zone it will become highly bullish. Trade as per your setup.
Reliance has broken past its long term bearish trendline after taking support from its short term bullish trendline on above average volume. 50EMA has crossed 200EMA giving a golden cross. Targets can be take at T1 and T2 Stop loss below the most recent candle Keep It Simple
HDFC has finally broken out of the resistance zone after forming a beautiful golden cross as well as a flag and pole break pattern. Support has been provided by trendline A limit order above the resistance zone and a target of 1589 is a high probability trade. Tight Stop loss below recent candle low. Keep It Simple
We have seen breakout of downtrend with high volume in BF Investment and also notice higher top and higher bottom indicate trend will remains bullish. Demand zone and psychological level near 300, one can accumulate share from this level and hold for new higher top. Buying Zone 303-300 Stop Loss below 294 (Below 200 DMA) Target 1 325 Target 2 370 Target 3 399
After the previous post on Ultratech where the target was hit beautifully, it has given another break after having a TIGHT consolidation during the formation of a triangle after support from the 200 EMA constantly. Very High probability with a possibility of a Golden Cross coming in. Target to Next High Of 7497 Stop loss inside triangle. Keep It Simple
UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline. UPL has given a double confluence 1. Rejection candle and respect of the long term trendline 2. Golden Cross( Crossing of 50EMA and 200EMA) A long position can be taken on break of the resistance zone Risk To Reward of 1:2 or a more...
XAUUSD SHORT BUY @ 1725-1730 TP 1800 SL 1720 1. Obay Strong FIBO Golden ration of 0.618 2. Respect support zone of 1725-1730 3. Due to sell pressure will retest the swing low of 1725 4. Dxy before reaching teh high of 109,00 will retest the previous low which tends gols to short term Buy
NSE:EROSMEDIA GOLDEN CROSSOVER, 50 DAYS MA moved upwards crossing 200 DAYS MA. SECTOR: MEDIA a bullish sector. LOW PRICED stock. Fundamentals improving gradually, SUPER Q3 22 result. PRICE STRENGTH 72, BUYER DEMAND 'A+', MASTER SCORE 55, GROUP RANK 16 OF 197 (Data from MarketSmith) CMP 32.20, minor resistance breakout done, retest done. Making HH,...
In January last week, Madras Fertilizers formed a Golden Cross between 50-SMA and 200-SMA on daily chart. The stock could be gearing up for a long-term rally. High volume trade and high percentage delivery also favors the perception. The stock hit upper circuit today. Trading into 52-week high. Could breach all-time high of 53 this week. Resistance 3...
If the 50-day moving average crosses the 200-day moving average from down, it's a golden cross. Else, it's a death cross.
NSE:TVSMOTOR Building Up for Bull Run. Wait for BO above 770-780 Zone Target - 950 - 1080 - 1260 Stoploss : 630 Price moving in upper band of PithFork projection. RSI showing strength Golden Cross Over in Weekly Time Frame Good Buying Volume
NSE:PNCINFRA Bullish Flag Breakout Potential Upside: 35% Tgt : 277 - 332 SL : 222 Huge Volume shows sharp accumulation Golden Cross Over RSI Divergence
NSE:TALBROAUTO Powerful Cup and Handle Breakout on Weekly Charts Buy at CMP (330) to 275 Potential : 50% - 80% Targets - 400 - 482 - 579 SL : 260 Weekly RSI > 75 and CMP above all Weekly Averages
As you can see the retest has been done. And it is at its support zone, it can retrace back to the previous high i.e., 875/- . If looking for a long Run then it is looking good for a target of 1100/- .
NSE:ABCAPITAL Flag Breakout CMP > 112 Tgt : 140 -148 - 168 - 192 SL : 99 Potential : 25% - 50% Golden Cross Over and RSI > 58 on Weekly Charts
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. ... Basically, the short-term average trends up faster than the long-term average, until they cross.
IRCTC have a nice breakout as on line chart as well as candle stick pattern anticipated quick move al tease 10% within short term time frame