This stock has given good breakout on daily time frame along with positive divergence in RSI along with macd positive crossover. Also possible Elliott wave counts are suggesting same bias, one can go long with strict stop loss of swing low of 289.90 Overall chart along with possible Elliot wave counts macd positive rsi breakout and rsi positive divergence ...
On daily chart MACD is about to make positive cross over & EMAs are also likely to do so. Watch it.
POSITIONAL TRADE IN IRB INFRA SEPTEMBER FUTURES DOWNWARD TRENDLINE BREAOUT MACD GAINING MOMENTUM BUY@197 STOP@187 TARGET@217 LOT:2500 QTY:1
BTST IN HDFC BANK AUGUST FUTURES BUY@2080 STOP@2069.5 TARGET@2098 LOT:500 QTY:2
LOOK IN THE CHART.....
Kajaria ceramics has formed two pattern which are very strong and bullish patterns in nature. The only difference is the time-frame It managed to form "Double Bottom" on daily chart(strong buy) It managed to form "Ascending Triangle Pattern" on weekly chart(positional long call) I am happy to see that the price has broken out of both these patterns in the...
LOOK IN THE CHART GOOD RISK TO REWARD RATIO