Macdcrossover
Long signal in Welspunind1. Reversal from trendline
2. Reversal from support zone
3. Reversal from 100 EMA
4. MACD crossover
5. Clear RSI divergence
Long oppertunity in HINDALCOStock bounced back from 200 EMA, support zone and trend line. Clear RSI divergence happening from 4th November to current high. Also MACD crossover is favoring the movement.
I take previous swing low as my SL and follow 1:1.5 R:R. I recomment you to take only 1% of capital risk and trade the script.
HDFC AMC BUY Price 2660 RSI divergence MACD crossoverHDFC AMC has completed its correction and there is crossover in MACD and RSI has also moved from oversold to buy zone . Stock is trading below 200 DMA . Target recommended from Fibonacci retracement .
Target 1 23 % retracement .
Target 2 - 38 % retracement .
SL-2580
(Please note : DO your analysis as I am not Sebi-registered analyst)
Descending Triangle Pattern breakout in BHARATFORGOn a daily timeframe, BHARATFORG gives breakout of descending triangle pattern also MACD crossover indicating upside rally in this stock. After this breakout if stock sustain above 790 level then it will give 100+ points rally in upcoming few trading session.
Key Points for Bullish in this stock:
1) Descending Triangle Pattern resistance Breakout
2) This stock in uptrend
3) MACD bullish crossover in Oversold Zone indicating reversal of short term correction.
Falling Wedge Pattern Breakout in JINDALSTELOn Daily Time Frame, JINDALSTEL showing falling wedge pattern breakout. After this breakout expected this stock will give upside move upto 500+ projected target in short term period. Also, MACD bullish crossover in oversold zone indicating trend reversal of this stock. Can go long in this position with downside stop loss below 370 for target of 445 and 500+.