Harami
2B Reversa/Falling Wedge/Bullish Harami confirmation/Divergence The stock is showing 2B reversal at current level. It has formed falling wedge pattern and seems getting strength at lower line moreover last bars confirmed a candlestick buy. RSI is showing divergence so we can consider a buy the stock with the following details
Entry 190
SL 181
Target 205
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
VA TECH: Possiblity of REVERSAL
BUY / Sell SETUP of "WABAG EQ"
Daily as well as Weekly Level.
Last Candle "Bullish Harami Cross"
Rest Plotted & Mentioned on Chart.
Disclaimer: Information given here, Study/Education purpose only.
For taking trade decision Consult with your Financial Advisor.
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Probably a bullish week aheadThe last two candles form roughly a bullish harami type of pattern, but it's not exact - because last candle's body is not completely within the previous candle's body.
But, as you can see RSI and Stochastics have turned bullish as well, so it probably is a bullish harami pattern.
India Cements: Bullish Harami at Support ZoneIt is been observed on the daily chart that the price action is forming a bullish Harami candlestick pattern formation at the strong support zone indicating a bullish move ahead.
Bullish Harami forms with a gap up opening from the previous low and that gap is not covered during the day, which exactly happened in the price action today, indicating a strong bullish move ahead.
Target1: 161
Target2: 163
Stoploss: 152
Trend Line Buy NIITTECH Beautiful trend line supporting the up move offers a good long entry into the stock. Decent Risk to Reward ratio at this level. The stock is reversing from the lower level so one can book the profit at target or continue with trailing stop loss for the higher level. Recent bar has made a bullish Harami pattern also giving a reason to long at this level. Good Luck