Reason- -Demand zone -EMA 20 on weekly and monthly time frame -Golden crossover on weekly time frame -Do refer test levels marked and enjoy the rally
Reason- Price entered in strong buying zone supported by golden crossover
Reason- Demand zone formation + Golden crossover
Reason- Reacting from demand zone supported by golden crossover
Hit like if you agree or comment your views Why long- -Golden crossover formed EMA 20 support Demand zone support on daily timeframe
looking good for short term as well long term Currently in Monthly and daily demand zone Golden cross over formed Highest market cap in education sector PE ration 7 Vs industry PE 13 Undervalued Share book value 15 undervalued Invest only that much which you can afford to loose
Reason to buy- Golden cross over formed Harmonic pattern Demand zone
very good setup Positive Hammer Golden crossover Trend line Harmonic pattern Higher highs formation
We can see in the chart a long term resistance being broken and A golden crossover of 200 EMA and 55 EMA...A good opportunity to long wpr
The Golden Cross - when the 50DMA crosses above 200DMA This is a bullish signal and a lot of people swear by this cross- for long term wealth generation. This is the perfect time to add RELIANCE to your portfolio The last Golden Cross on daily charts happened in NOV'15 and has returned 256% in the last 5 years!
NSE:MOTHERSUMI
"ESCORTS ON THE WATCH" BULLISH TREND AHEAD VIEW:- :-STOCK IS STOCK IN THE RANGE OF 640-676 :-BULLISH SIGNAL IS THE GOLDEN CROSSOVER :-GOLDEN CROSSOVER HAPPENS WHEN THE 50-DMA CROSSES OVER THE 200-DMA FROM BELOW/OPPOSITE IS CALLED DEATH CROSS :-POWERFUL SIGNAL TRADE VIEW DEC FUT BUY @650-655 STOP@639 TARGET 1@676 TARGET 2@690-95 QTY:1100
Golden crossover(EMA 50,200) in Canara Bank
MOMENTUM TRADE IN UJJIVAN FUT APRIL FUT BUY@324 STOP@314 TARGET@334 ST TARGET@344 LT LOT:1600 QTY:3 NEGATIVE DIVERGENCE SEEN TRADE WITH STRICT STOP GOLDEN CROSSOVER SEEN (50-DMA C/O 200-DMA)
The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the SMA 200. Orders are closed when the SMA 50 crosses below SMA 200. The strategy does not short. The golden cross is a technical chart pattern indicating the potential for a major rally.
BANK NIFTY LONG TRADE CAUTION IT IS A RISKY TRADE TRADE ONLY FOR WILLING RISK TAKERS "IF YOU NOTICE 50-DMA CROSSES THE 200-DMA" WHICH WE REFER AS THE GOLDEN CROSS IN TECHNICAL ANALYSIS THE INDEX AFTER A VER LONG TIME IS NEAR TO TEST ITS 20-DMA AND I BELIEF IT IS THE RIGHT PLACE TO GO LONG WATCH OUT AND USE 26870 TO ADD POSITIONS AND 26770 AS A STOP I HAVE...