ALICON :: LONG SETUP --------------------------- -- Buy at Current Levels / Pull back (770 - 820) -- Initial S/L 735 -- Target the Channel Top / FIB Levels or hold as positional pick Reasons for increased probability:: ---------------------------------------------- -- Recent Trendline breakout. -- high volumes + delivery seen last 3 sessions -- Momentum...
BANKINDIA :: LONG (Trendline reversal) ------------------------------------------------- -- Price took support from Long term Trendline few weeks ago and making HH & HLs. -- Price also broke the Falling wedge resistance line and held for last few days Buy Levels :: 56-57 Initial S/L 52 Add more above @ 62.5 Use SuperTrend Indicator to trail your...
Britania Cmp 3693 dated 26.10.2021 1. Bullish Engulfing Candle Stick at support. 2. RSI Divergence. Buy for a tgt of 3710 for a tgt of 3790-3860-3990 SL 3625 It is just a view, pls trade at your own risk.
Route Cmp 1969 dated 26.10.2021 1. Inside Candle at support. 2. RSI Divergnce. Buy for a tgt of 2080-2110-2180-2230-2330 SL 1880 It is just a view, pls trade at your own risk.
CDSL Cmp 1395 dated 26.10.2021 1. Ascending Triangle Pattern BO @ 1446. 2. RSI Divergence. Buy above 1400 for a tgt of 1445-1555-1775 Short term SL @ 1335 Long term SL 1270 It is just a view, pls trade at your own risk.
Silver Short Short term trendline breakdown with RSI Divergence Sell at CMP- 65950 SL- 66750 Target- 65320, 64885 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
There is a long consolidation or sideways price action seen within parallel channel, when it has given breakout, there was a good intensity of volume at breakout candle, also it was along with trendline breakout in (RSI) relative strength index too, so it was double confirmation as per channel breakout, target should be equal to depth of channel, which was...
Buy entry around 168 SL below 162. Initial target 1:2
Apollo Hosp Cmp 4165 dated 25.10.2021 1. Bullish Engulfing Candlestick formation at the support. 2. RSI divergence. Buy for a tgt of 4250-4315-4385-4450-4570 SL 4050 It is just a view, pls trade at your own risk.
ICICI Bank Long Gap up breakout with RSI confirmation 50 day EMA is strong support zone Buy at CMP- 745 or around 735 SL- 704 Target- 790, 820 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Hidden Bearish Divergence This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). By now you've probably guessed that this occurs in a DOWNTREND. When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend.
SUNDARAMFIN :: LONG BUILDUP (Price, Volume & Momentum picking up) ---------------------------------------------------------------------------------- -- Buy when price sustains / retraces above 2550 -- Sell below 2380 (ST) or below 2290 (LT) -- Trail using FIB Levels or SuperTrend Indicator Reasons for increased...
Shriram Transport Cmp 1491 dated 21.10.2021 1. Inverted HEad & Shoulder BO @ 1470 Buy for a tgt of 1525-1600-1720 SL 1415 It is just a view, pls trade at your own risk.
Fortis :: LONG Buildup Low Risk ------------------------------------- -- Buy at Current Levels 255 - 265 -- Initial S/L 245 for ST Traders ( 232 for LT) -- Add more when price sustains or retraces to FIB levels above.. -- Trail S/L using FIB Levels or SuperTrend indicator Reasons for increased probability:: ---------------------------------------------- --...
Price taking support from old support level. first target old high initial SL below previous swing low. RR more than 1:2. ! PA to watch.
IPCALAB near fib retracement and long term resistance level with bullish MACD crossover. If the stock closes above 2455 with good volume, then long entry can be taken for the targets, 1. 2560 2. 2650 3. 2780 4. 2880+ with stop loss near 2250. Note: Not a recommendation, just my analysis for learning purpose.
463 is a new support, but since it was a sudden gap up we can expect a gap-filling and hence a downtrend is expected. The RSI reached 90s level and hence overbought zones and it sustained for many trading sessions in a row; the correction was long due. But post-correction the uptrend can be expected to continue. Bollinger bands are supportive.
This is what I currently see in the price BTC/USD. It got a rejection on the 58K level (Red box which acts as resistance). The next major level of support is 53.5K approximately. It also shows confluence with the 0.236 fib level. If I'm going to enter I'm planning to place my orders at around: 53.6K 52.6K 51.5K 50.8K 49.8K 48.6K I would place the different...