Powergrid Cmp 250 dated 23-6-2023 Weekly Chart (Positional View) 1. Rectangle Consolidation BO above 250 2. RSI BO already done. Buy above 252 target 300 SL 235 It is just a view, please trade at your own risk.
Chambal fertilizer at support with good consolidation near support sl below 240
Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.
Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone...
# Good Volumes. # EMAs - All up. # ChartPattern - F&P. # RSI - Buy. # MACD - Up.
Jindal Steel Cmp 520 dated 26-5-2023 1. Morning Star Candle @ Support (Reversal Candle) 2. RSI Reversal Buy above 523 target 535-550-560-580 SL 500 It is just a view, please trade at your own risk.
Atul Ltd Cmp 6636 dated 25-5-2023 Buy @ Cmp Target 6725-6850-6930-6975 SL 6540 It is just a view, please trade at your own risk.
Asian Paints Cmp 3200 dated 5-6-2023 1. Trippel Top Made 2. Bearish Candle @ Triple Top 3. RSI Breakdown Sell below 3195 tgt 3175-3140-3110-3085 SL 3250 It is just a view, please trade at your own risk.
Route Mobile Cmp 1365 dated 15-5-2023 1. Bullish Candle Made @ Resistance 2. Trendline BO @ 1370 3. RSO already done BO Buy above 1380 for tgt 1400-1430-1495-1545-1599 SL 1320 It is just a view, please trade at your own risk.
Max Financial Services Cmp 634 6-4-2023 1. Parallel channel Consolidation, moved above mid line. 2. RSI Divergence Buy above 637 for tgt of 650-670-680-700-710 SL 610 It is just a view, please trade at your own risk.
I have added all my observations in the chart. H - High L - Low HH - Higher high HL - Higher lows briefing all the points, Technically Stock is not in overbought zone. No signs of divergence with respect to prices with RSI graph 50EMA line just crossing 100EMA line Stock making higher highs and higher lows no bearish candlestick patter visible on daily...
Laurus Lab Cmp 305 dated 3-4-2023 1. Parallel Channel BO @ 300 (already done) 2. 50 % correction already done from highs. 3. RSI reversal & done BO Buy above 306 for tgt 320-330-345-360 SL 280 It is just a view, please trade at your own risk.
Bata India Cmp 1459 dated 20-4-2023 1. Rectangle Consolidation BO done @ 1451 2. RSI BO Buy above 1470 (safe Trader) or risk taker can buy @ Cmp for target 1495-1555 SL 1420 It is just a view, please trade at your own risk.
Cummins Ltd 1566 dated 26-4-2023 1. Trendline BO @ 1570 Buy above 1570 for target 1600-1640-1660 SL 1545 It is just a view, please trade at your own risk.
Gujarat Alkali Cmp 704 dated 17-5-2023 1. Pennant Pattern BO @ 710 2. RSI already done BO Buy above 710 for target 725-745-795 SL 680 It is just a view, please trade at your own risk.
Vinati Organics Cmp 1995 dated 10-5-2023 1. Head & Shoulder Pattern BO @ 2020 2. RSI Reversal Buy @ Cmp for target 2020-2070-2100-2150-2200 SL 1925 Pattern target will Be 2335 SL 1900 It is just a view, please trade at your own risk.
Adani Enterprise Cmp 1956 dated 19-5-2023 1. Triangle Formation BO above 2010 2. RSI reversal Risky Trader buy @ Cmp target 2005-2100-2225 SL 1870 It is just a view, please trade at your own risk.
Indiamart Cmp 5641 dated 18-5-2023 1. Bearish Engulfing or made Red Morubuzu (both Bearish Candle) 2. RSI breakdown Sell Below 5610 target 5500-5400-5350 SL 5725 It is just a view, please trade at your own risk.