EXIDEIND SHORTStrong marubuzu candle
stochastic gives bearish cross
open=high
strong selling today
downtrend below 200 EMA
Entry- below - 140.5
Stop loss - 149
M-oscillator
Short RelianceRIL on monday might move towards the 20EMA . Macd is also giving a signal on hourly frame to sell RIL.
Ril is in a channel and might move towards the lower end of the channel.
Short asian paintsAsian paints can breakout on monday .
Macd on 30 ,45 ,and 60 min charts is giving signals to sell asian paints .
The call from macd are backed up the price action as well .
Bullish AB=CD on BankniftyAdd Banknifty at CMP 28800 till 28600 with a stop at 28500 for a move to 30000-30300
Axis - Oversold and good risk reward for longsIf Axis doesn't close below 680 over the next few days, there is a strong possibility of it testing the kijun line at 715.
Live Analysis on Shriram Transport(04-Mar-2020)Recent it create double bottom with reversal candle at major support area as well As RSI below 30..
Above 1185 bullish for 1195,1205,1230
Below 1165 bearish for 1155,1145,1130
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BEML Levels for 04-Mar-2020(Intraday)Beml levels find based on price action and divergence as it created 3 bottom with good bullish divergence wit support of trendline and bullish candles
Above 707 Bullish for 714,725,750
Below 685 Bearish for 678,666,640
Critical Zone -685-707
ASIANPAINT level for 04-03-2020(Intraday)It closed near Fib level and strong bullish candle at BB lower channel with support of trendline , with stoch below 30.
Break out of Fib level with stoch trendline expected Bullish ,breakout the major support expected bearish
Above 1815 Bullish for 1825, 1845,1900
Below 1785 Bearish for 1775,1755,1710
AB=CD short DXYDXY appears to be overbought on momentum indicators and at the same time there is a AB=CD pattern on the chart
AB=CD on EURUSDMACD appears extremely oversold and at the same time there is a AB=CD formation on EURUSD. We may see a retracement to the neckline (of the broken H&S) which is around 1.0980-1.10, which can be a great shorting opportunity from a medium term perspective.
RSI showing divergenceShort NSE:KOTAKBANK with a SL of 1702 with a target of 1635. One can buy 1660 PE March expiry. SL and Target would be based on the underlying price.
Looks technically weak Reliance is sell on every minor rise to 1440. Short futures with a SL of 1455 with a target of 1390.
HINDPETRO IB OpportunityINSIDE BAR opportunity
Long at 226.15
Short at 221.50
SL mentioned, target open. Seems like it is going toward the long side as it is at a good demand zone.
However, more days of NIFTY shedding down will likely result in breaking this support as well.
Bearish Divergence and Bearish Trade setupObserving Bearish Divergence (Red) and Bearish Trade setup (Green). Since its a fundamentally strong stock, we can wait further to take a position
