M-oscillator
PVR Ltd 1830 dated 24-8-2022 Bottom CatchPVR Ltd 1830 dated 24-8-2022
Bottom Catch
1. Support @ 1770
2. Falling Wedge BO
Buy above 1845 for a tgt of 1880-1915-1950-
1975 SL 1770
It is just a view, pls trade at your own risk.
BHARAT FORGE BREAKOUT Bharat forge seems good on weekly chart it gives breakout on falling resistance trendline and gives breakout on relative strength indicator this indicator is indicating more bullishness is coming in this stock.
CAUSE OF LONG-:
1- Breakout on falling resistance trendline
2- Breakout On relative strength indicator
APOLLO HOSPITALS BREAKOUT CONFIRMATION AWAITED Apollo hospitals gives a breakout on falling resistance trendline but it seems have to wait for a confirmation of breakout on relative strength indicator too till then I added it to in watchlist and setting an alert for rsi indicator breakout confirmation, that is why i am tagging this idea into neutral tab.
POWER MODE ONTata power looks good on daily charts gives close on 50 and 100 day moving averages on daily chart after so many sessions one more positive thing is there is relative strength indicator breakout seen that was facing a big resistance too today crossed and closed above on that too.
CAUSE OF LONG-:
1- Closing above on 50 and 100 day moving averages
2- Breakout on Relative strength indicator
GodrejCP price action studyPrice action only to watch.
Having buy bias as seen in chart
Aggressive entry CMP till moving average.
SL - candle close below trend line.
(entry 850, SL 840)
Conservative entry near next channel bottom and demand zone.
SL - below zone.
(entry 825, SL 815)
In both cases, SL is 10 points. Target 30 points.
----
No trade in case of huge gaps.