BUY?Looks like fall is getting saturated at current levels. Not expecting further fall because of earning season started in pharma sector.
Declaimer: Not a trading idea. Only for educational purpose.
M-oscillator
GOLDSHAREUptrend in continuation.
Longer term EMAs are intact. MACD crossover happened.
It might give good move.
Nifty highly likely to top @11930Nifty as per the analysis in the chart could be near a major reversal zone around 11900-11930. Most indicators are overbought and we can also see divergence in RSI. Advise traders and investors to stay cautious and trade with appropriate SL on all long trades. Chances of this happening in early September is very high.
RCOM: High risk-High rewardIndicators are showing bullish on upcoming weeks and months. Weekly and Monthly MACD crossover may happen coming weeks and months. Cant explain each and every indicator signals here. All are ready to go positive side. One can enter here for high reward with high risk.
Vijayaraghavan.K,
Kovilpatti.
NSE:BHARATFORG Long above Volume ProfileNSE:BHARATFORG
Weekly:
MACD buy cross below 0 and price above pivot level
Daily:
RSI Trending to cross above 60
MACD forming higher highs
Volume Profile support
Bearish Divergence in KPITBearish Divergence in KPIT Daily Chart.
Price is making Higher low and RSI is making lower low,
Bank Nifty mildly bearishIt seems profit booking may drag NIFTY B to 27500 in 3-4 sessions. Three indicators are confirming these:
1. Renko Daily chart (Brick size = 38)
2. RSI (14) hitting the upper threshold.
3. Aroon Down (Red) crossing Aroon Up (Green).
Once can take a position to gain 600-650 bank nifty points.
MRPL LONG1) ASCENDING TRIANGLE
2) TK CROSS ABOVE GREEN KUMO CLOUD
3) START OF EW 3
4) RSI BULLISH
ENTRY 82.60
TARGET 85.60
SL 80.60
CHENNPETRO for Swing TradingTime-frame: Daily
Price broke out of EMA 50 and also crossed last swing high of the down trend.
After breaking out price is in pullback mode which formed long tailed pin bar.
By looking at the pin it is seen that price is taking support on EMA 50.
MACD also confirms up trend as it has crossed zero line.
Looks like it is end of down trend.
RELCAPITAL is For Swing TradingPrice broke out of EMA 50, after giving breakout it is in pullback mode.
Looks like it has formed inside bar after breaking out of EMA 50.
MACD also confirms up trend as it is facing up and crossed zero line.
Risk Reward ratio would 1:2.
CASTROLIND is For Swing TradingPrice broke out of EMA 50, after giving breakout it is in pullback mode.
Looks like it is taking support on EMA 50 and formed inside bar.
MACD also confirms up trend as it is facing up and crossing zero line.
Risk Reward ratio would 1:2.
ENGINERSIN for Swing TradingENGINERSIN can be bought for swing trading.
Price broke out of EMA 50 and also crossed previous swing high.
Also after giving breakout of EMA 50 it is in pullback mode and it has formed bullish pin bar and after that pin bar it formed inside bar.
MACD also confirms an up trend and facing up and also moving towards zero line.
Risk Reward 1:2.
DALMIABHA for Swing TradingDALMIABHA can be bought for swing trading.
Price crossed above EMA 50 which shows the trend is up.
Also after giving breakout of EMA 50 it is in pullback mode and it has formed inside bar after pin bar.
MACD also confirms an up trend and facing up and also above zero line.
Risk Reward 1:2.
TORRENTPOWER for Swing TradingTORRENTPOWER can be bought for swing trading.
Price crossed above EMA 50 which shows the trend is up.
Also after giving breakout of EMA 50 it is in pullback mode and it has formed inside bar and also it is bullish pin bar .
MACD also confirms an up trend and facing up and also moving towards zero line.
Risk Reward 1:2.
AMARAJABAT For Swing TradingAMARAJABAT can be bought for swing trading.
Price crossed above EMA 50 which shows the trend is up.
Also after giving breakout of EMA 50 it is in pullback mode and it has formed inside bar .
MACD also confirms an up trend and facing up and also above zero line.
Risk Reward 1:2.
CONCOR for Swing TradingCONCOR can be bought for swing trading.
Price crossed above EMA 50 which shows the trend is up, it formed Bullish Pin-Bar.
Also after giving breakout of EMA 50 it is in pullback mode and looks like it is taking support on EMA , formed inside bar .
MACD also confirms an up trend and facing towards crossing zero line.
Risk Reward 1:2.
