Ref chart. As per monthly chart, it is slowly changing from bearish side so if it closing above 471 levels, can expect further upside. Weekly and daily indicators showing positive signals. Closed above 21,50,100,150,200 SMA.
SBI Bullish can move towards T1 280 T2 300
Should take 3 to 6 weeks or more
Ichimoku show strong upward trend
ADX is positive too ( sty in the trade till ADX is positive and uptrend )
This is for education purpose only. Pls trade at your own risk
Howdy Traders & Investors ,
Vascon Engineers Ltd is best for long Term investment Because Price is 8 Rs and it can max go Up to 0 Rs.
if you are ready to buy 50 Shares , so your loss will be 50 *8 =400 . but if stock will fire profit will be Unexpected.
Their is Risk but it is nothing in compare to profit.
As the current price is at the edge of the support line, the price could back up bullish in short term. However, in longer term after price hits the channel line, it could be resisted and go downwards.
EDELWEISS moving in a channel - Ichimoku Uptrend
This is for educational purpose only
Tenkan and Kijun cross above kumo and price above TK
Future Kumo is green
Chikou is above kumo and uptrend
Also you can note RSI divergence ... which is interesting
Heading towards 200 as its moving along a channel and consolidating.
If it moves above 193 tomorrow then...
s can be seen the price is trading above the Cloud decisively and is in line with the broader markets movement of Nifty. The issue can be added near kijun level. One concern is the flat Cloud B line which means stock is flat movement. therefore advisable to add small portions on dips and once conclusively trading above 260 with upward move of Cloud A and B line,...
Break Out Above Cloud.
Chikou Span Above Cloud.
Dragonfly Doji Candalstick Observed on Previous Day.
Current Price Above 21 EMA.
Can Be Accumulated Till 223 for Targets 251/261/271 with Support @ 211.
Other Details Mentioned In chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered...