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M-oscillator

MFLOUR - RSI reading hint a BULLISH OUTLOOK ?MFLOUR - CURRENT PRICE : RM0.545 MFLOUR has been on a downtrend since June 2024 and began consolidation on November 2024. Based on ICHIMOKU CHART, last Friday the share price rises and penetrated LEADING SPAN 2 - Closed inside KUMO. At the same time CHIKOU SPAN starts to move above CANDLESTICK - this shows a little bit bullish scenario. There were also BULLISH DIVERGENCE in RSI oscillator. Interesting part is RSI break above 50 points on last Friday. This rising reading in RSI oscillator add more bullish outlook for this stock. ENTRY PRICE : RM0.545 TARGET : RM0.575 , RM0.595 STOP LOSS : RM0.520 TAYOR ! Notes : Malayan Flour Mills Bhd. engages in the flour milling business. It operates through the following segments: Flour and Grain Trading (FGT), Poultry Integration (PI), and Others.
MYX:MFLOURLong
by IMRAN_96
NIFTY - Bullish while trading in between 2 strong trendlines STRONG SUPPORT TRENDLINE - market has reversed from a very strong support trendline recently indicating potential upward momentum. This trendline had previously been tested 3 times & each time market went significantly upwards afterwards STRONG RESISTANCE TRENDLINE - market is also nearing a strong resistance trendline which had been tested earlier by forming a double bottom pattern OVERBOUGHT INDIAVIX - indiavix has recently become overbought indicating correction which in turn will cause the market to go upwards
NSE:NIFTYLong
by peace_lover
Eyes on Life Insurance Corporation of India (LICI)!!!This idea highlights a potential buying opportunity in Life Insurance Corporation of India (LICI). Key observations: - The stock has experienced a 28% decline from its recent high, entering a key support zone. - The Stochastic Oscillator is below 20, indicating oversold conditions and the possibility of a reversal. Trade setup: - Entry: ₹895 - Stop Loss: ₹856 (below the support zone to limit risk) - Take Profit: ₹1194 (targeting a significant rebound) This setup combines price action, support zones, and oversold signals to identify a high-probability long trade. Always perform your due diligence and risk management before entering a trade.
NSE:LICILong
by Shivam_Mandrai