hidden bullish diverence in sight followed by RSI on the lower channel indicating an impending upmove to the upper channel.Long on CMP for 800.
Sell Tatacomm on rise with SL of 625 and target of 565. A confirmation on RSI has been obtained. A convergence on MACD is on the cards. One can book profits on long positions.
Sell ULTRATECH CEMENT on rise with SL of 4190 and targets of 3819. A confirmation obtained on RSI and a convergence on MACD on the cards that will eventually lead to a downward move. One can book profits on their longs.
Sell voltas on rise with SL of 631.9 and targets of 571/565.
rsi crossed above 30 crosses above strong support zone to confirm long position wait for the stock to cross above 272 T1 - 287 T2 - 295 SL - 262
RSI is in overbought zone and trying to cross 70 This is also supported by MACD crossover It has resistance at 620, sell if it crosses below 600 for target of TGT 1 - 580 TGT 2 - 550 SL - 635
Seems to be in bullish zone , target 1400.
Supported by MACD crossover TGT 1 - 805 SL - 765
Short on break below 92 SL 92.8 Squareoff near 90.5, 89.5
Grasim formed a double bottom chart pattern with central pivot acting as neck line. RSI Bullish Divergence can also be seen. All that is needed is a candle closing above central pivot point with good volume and +DM crossing over -DM.
Litecoin has entered into the corrective phase of the Elliot Wave Pattern. Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown. The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long....