Gold US$ spot if manage to close above 1755 go long for 1797-1819-1833 conditional trade to be executed only above 1855 levels,, spring candle formation on daily time frame,,, symmetrical triangle support above 1755 bullish divergence in RSI and MACD,, good long candidate
Look good at current levels,,, expecting good upmove from current levels stoploss will be todays low
Expecting good upmove from current levels stoploss will be last 2 days low
Bearish wolf wave formation expecting good fall in this counter from current levels,,,
looks good from current levels expecting much higher levels stoploss will be 1200
Nifty metal Index now at 5770 Time Cycle 1 , Based on Fibonacci extension,, Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,, Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending.. So price and time squaring around the same point in trend,, when ever...
Bank nifty bearish harmonic pattern formation with divergence on indicator can be short candidate till prz levels are not crossed on 15 mins candle closing basis
Lti spot cmp 4800 Bearish butterfly pattern formation Bearish wolfwave formation Bearish divergence on RSI Bearish Divergence on Macd Good short candidate
Tata power spot cmp 135 Bearish butterfly pattern formation bearish divergence in RSI and MACD,, Trend reversal possible Good short candidate
Natural gas future 311 Bearish deep crab pattern formation elliot wave formation RSI divergence MAcd divergence + Bearish cross over Good short candidate
Amaraja bat spot cmp 725 Good bullish price action setup on hourly time frame,,, Once breakout confirmed can be good long candidate
Hero spot cmp 2820 Time frame :- daily Study :-chart pattern, harmonic Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi Good bullish formation Can give 10 to15% upmove from current levels...
With the setup , I believe it can touch the previous highs. MACD is on the verge of a crossover and the support has been taken from 50 MA. It is also travelling in a Channel.
Srtrans finance multiple harmonic pattern formation with maturity at same level,, counter managed to sustain prz levels of 2 time with positive divergence in indicators,, good upmove ahead,, atleast 5-7% upmove can be seen in coming days Good long candidate,,
EGLD formed Falling wedge and also showing MACD + RSI bullish divergence.
GODREJCP (WEEKLY):- CMP 870 Looks Good For upside :) 1) Multiyear HR. Breakout :) 2) MA. Above 200 + Volume Breakout
DCAL:- CMP 146 LOOKS Good for Target 190/250++ Stop Loss 100 1) Inverse Head And Shoulder (Downtrend Reversal Pattern) 2) Descending Channel (Reversal Pattern)
Raising wedge pattern is being formed along with stochasticsRSI and macd divergence which shows that the stock is losing momentum.