M-oscillator
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
CIPLA Positional WeakWeekly is showing a halt in the continued DT. Price below 50 EMA.
The weekly zone is proving important in Daily. I am seeing 4 rejections. Yesterday price closed below the 50 EMA. We can see 6 back to back red bars, giving a nice bear picture.
In the 75 min, price broke the level of 467 on 6th Jan and is giving a nice pullback to test it with two wick rejections. Also, there is nice RSI Divergence to confirm the weakness. A good positional short opportunity with SL at weekly zones.
Nifty - Ichimoku gave multiple reversal confirmations.As you know, Ichimoku is a complete system that provides a reliable signal.
A closing above 12135 will be the fifth and final confirmation of medium term uptrend as per this complete system.
KEEP TODAY's LOW as your stop loss, if you take a position.
amarajabat buy possibilityLong @ 775 target 790, 800
SL below 765
! stock forms long wicks on 9:15 candle
#RSI Divergence #Correction move retrace deeperNext Support area is 11850 - 11800. Price-wise correction is due any time we can see selling pressure. Aggressive traders can short below 12300 by keeping SL Above 12400 for Target of 12200 - 12000 - 11850.
Axis BankAxisbank CMP: 742.95
Successfully Close above 766: Long Term Bullish.
Targets: 785, 800, 825, 850, 875, 900+
SL: 730 close base.
OR
Current situation: Bearish :
Targets: 734, 724, 716, 700, 690, 666--
Education Purpose Only
ApolloTyre ShortLooks like it's going south. Its a little oversold but MACD has full sell signals.
I'd watch for the market depth and big orders deployed by MFs to add longs, Grab the opportunity to sell at upper resistance
Once cracked, bloodshed to 52wk low.
