In ICICIGI, Bullish MACD crossover on daily timeframe indicating reversal sign in this stock. Also, This trading near support level of ascending triangle pattern and 200 EMA. Expected this will give upside rally upto 1600+ level in upcoming few trading session.
Buy ICICIGI @1470-1480
Stop loss - 1400
Target - 1600+
Nalco price action suggest reversal possible
fresh buying is missing around current levels
not able to manage the breakout of previous life high levels
rsi and macd divergence,,
good positional short candidate
Reasons to enter in a long trade in TATA STEEL :
1. Has broken the 52wh with good volume
2. Good Earning results
3. MACD crossover
Note: Please do your own analysis before taking a trade, as i am still in a learning phase.
BTC continues its joyride for the third straight week, it has appreciated by ~50% in the last 3 weeks. With this week’s bullish candle, BTC has completed 3 White Soldiers candlestick patterns, this is a bullish pattern and is used to predict market reversal. Currently, it is sustaining above its 0.618 Fibonacci retracement level, which is present at $43,045....
Maruti spot cmp 7200
Time frame :- 240 mins
Study :- Elliot wave
Counter have given reversal from maturity levels of corrective wave 4, now if wave 5 unfolds can give good upmove,,,
Rsi have given breakout from falling trend line
Macd on verge to give positive crossover,,
Hidden bullish divergence seen in both indicators where price making higher low and...
Hdfc Ltd spot cmp 2500
Time frame :- Daily
Study : Elliot wave
Wave 1 :- Wave 1 is first impulse wave of impulse phase,, in this case study first wave consist of 470 points in terms of points and 32% in terms of percentage,, first wave is generally of no confidence movement,, buyers still dont have confidence that the trend will change and the upside impulse move...
Chola fin inv :-
Multiple harmonic pattern matures around480 levels
Wolf wave formation around same levels
macd positive cross over
Rsi bullish divergence with breakout
Falling trend line breakout
good long candidate
15 to 20 % upmove possible
Index is respecting the rising trendline support and bouncing ever time it touches the demand zone,, bullish candle formation after small consolidation,,,
MACD have given positive cross over after the retracement of last up move , indicate up trend is intact and will continue
RSI have started making higher high and higher low after the retracement from 90 to 50...
Monthly MACD crossover happened but the stock price not reacted and all my indicators are showing bullish on this stock. Daily MACD crossover also may happen on upcoming days. ADX trend is getting strong but price not moving much. It can shoot up on upcoming days. Price may move more than the target levels bcaz of the bullish signals in monthly chart....
Adani spot cmp 1400
symmetrical triangle pattern breakout done,, macd bullish crossover and rsi have given breakout from falling trend line,,
counter can give 10-15% up move from current levels
Good long candidate
Reliance spot cmp 2105
counter have formation of falling contracting wedge ,, where the breakout and retest is done,, currently counter is trading in symmetrical triangle formation,, break out of which would lead to good up move,,
Rsi and MACD giving early indication with bullish divergence
MAcd positive Crossover,,
Good long criteria buildupp,,
Tcs spot cmp 3190
ascending triangle pattern formation
over sold on all time smaller time frames
bullish cross over in hourly and 240 mins time frame
bullish divergence of rsi and macd
bullish engulfing pattern formation
good long candidate for new life time high,,,