SPARC : on BO line Based on the past couple of days' momentum of SPARC, high probability of crossing the resistance. If sustains above 242, we can see 263 immediately and may test 290-300 levels.
2022-10-13:
Close Crossing 4 week High, Also daily close forming- Shooting Star
On Daily daily and Weekly time frames close above 20 SMA
Also Close crossed Weekly SMA-13 Upside RSI- M:50.6 WK:51.9 D:58.9
2022-10-12:
On Daily time frame SMA 13 crossed SMA 55 from Bottom
RSI- M:49.5 WK:49.1 D:54.6
2022-10-10: Close Crossed WK & Monthly Pivots Upside
RSI- M:49.2 WK:48.3 D:53.4
Add to watch list
Market
KIRLOSENG - Possible BOKIRLOSENG - today 9.72% up with good volumes.
Today(12-Oct) volume is the highest in the past month.
ADX : 4.9 - DI+ 30.5*
On Daily and Weekly time frames, SMA 15> SMA 30 & SMA 25 > SMA50
Close is above SMA D-20, SMA W-20, SMA M-20
M/W/D RSI>60 - Daily RSI crossed - 5 days Back
2022-10-11:
ADX is increasing - 33.4 - DI+ is 28.0*
Close is crossing 4 week High
Price is Out of Squeeze
Close is above 20 SMA on Daily/Weekly/Monthly time frames.
Above 297 - we can see further upside. Add to watchlist.
Cash is King for now!Indian markets looks like super bullish for a while, but how long?
Global weakness, European crises won't let the Indian market rally. Indian market might consolidate and give opportunity in future
Bearish divergence on daily chart.
Double top.
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
PANACEABIO - BO on new ordersPANACEABIO is trading in the range for the past couple of months and breakout by 18% today with huge volumes.
The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine"
With this movement, Trend Ch +ve.
Close Crossing 4-week High
Crossed Monthly Pivot upside
Close is above Daily and Weekly SMA 20. But below Monthly 20 SMA.
The weekly trend changed to +ve. Still, the monthly trend is on the -ve side.
Daily SMA 13 Crossed SMA 55 upside.
Weekly SMA 13<34<55, But Close crossed Weekly SMA 13 Upside
RSI- M:46.0 WK:55.4 D:75.0
Add to the watchlist - take your own decision.
VAISHALI - Possible BOVAISHALI- Crossed Weekly and Monthly Pivots Upside.
Today High is equal to 5 W high.
Stock is trading in Squeeze for the past 3 days.
Close is above 20 SMA on Daily, Weekly, and Monthly time frames.
On the Daily time frame, SMA 13>34>55 and Close crossed D13 Upside.
RSI- M:70.3 WK:67.3 D:57.8
Normal NR7 - Breakout
Add to watchlist and trade after own research.
JINDWORLD - BO PossibilityBased on current momentum & Flag Pattern and 2 Bar reversal with strong volume - a high probability of BO.
Immediate target - 280, then 293 & 311 and then 356 possible.
Today's volume is the highest in the past month's daily volumes.
Also crossed Weekly Pivot and Monthly Pivot Upside
Currently trading Daily, Weekly, and Monthly 20 SMA.
Daily SMA 13>SMA 34> SMA 55
RSI- M:64.5 WK:57.6 D:60.2
Add to watchlist - trade as per your own study.
Bank Nifty Trade Setup for 4th October 2022Bank Nifty is currently in a indecisive scenario with Inside candle being formed in the daily chart. A decisive close on the upside / downside is need to decide on a potential direction from here.
Predictions
- Charts : Indecisive.
- OI Data : 38500 is going to be a strong resistance & 38k can offer some support.
- FII Activity : Super Bearish with addition of fresh short positions in OI and even futures saw significant amount of selling.
Verdict :- Short term outlook seems to be clearly bearish based on FII activity and even from OI which has 38500 as a resistance. A break above that can trigger a bigger rally due to short covering; however by the looks of it even a gap up opening would end up as an opportunity for adding fresh short positions.
Ramco cement long opportunityNSE:RAMCOCEM
Stock -> Ramco cements
TimeFrame -> Weekly
Hello all!
Ramco cements has been following and respecting its lower trendline and then further started moving in a channel. It came back to its lower channel trendline and bounced back. It now stands at a crucial resistance zone. The breakout of this zone would make for a good opportunity to go long.
After the breakout of the resistance zone, the stock would also start trading above its 200 and 50-week EMA. The formation of an inverse left shoulder and head further suggests that the stock is ready to move up.
The Risk reward ratio will also be excellent upon crossing the yellow zone.
*NOT A CALL*
#ramcocements #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing
SEQUENT : Add to WatchlistSEQUENT is underperforming for some time - looks like things are changing after tested bottom levels around 80.
Crossing 120.95 levels - we should see good upside momentum on this -- add to watchlist.
14-07-2022 --- 101.4 Cross WK Piv Downside Close above 20 SMA on Daily time frame M/W RSI <40. & Daily RSI 40<>60:
20-07-2022 --- 119.05 Close crossed W-SMA-13 Upside
27-07-2022 --- 117.95 Normal NR7 - Inside Candle
28-07-2022 --- 116.95
29-07-2022 --- 127.75 Crossing 4-week High Close above 20 SMA on Daily and Weekly time frame W trend Change to +ve and Monthly trend is -ve Price Crossed Upside 50-SMA Monthly Normal NR7 - Breakout
11-08-2022 --- 104.1 ADX - 33.2 - DIPlus 18.9 - DiMinus- 29.4* Trend Ch - 2D Bk Close Below 20 SMA on Daily/Weekly/Monthly time frame Close crossed W-SMA-13 Downside RSI- Monthly:40.5 Weekly:39.5 Daily:37.5
17-08-2022 --- 113.5 Cross WK Piv Upside
18-08-2022 --- 112.15 Today's volume is the lowest in one month Cross WK Piv Downside
19-08-2022 --- 110 Daily VWMA crossed Weekly VWMA - Upside today
24-08-2022 --- 117.35 Cross M Piv upside Close crossed W-SMA-13 Upside RSI- Monthly:42.5 Weekly:46.1 Daily:53.4 -- Clear indication of increase on all time frames
Just for information sharing.
JSWENERGY - Increasing MomentumJSWENERGY : above 50/100 Daily moving SMA's,
On Daily/Weekly/Monthly time frames - above 20 SMA,
The monthly and Weekly trend is _ve.
Daily SMA 13 Crossed SMA 55 - From Bottom
Weekly Close Crossed Weekly SMA 13 Upside.
RSI Monthly:57.8 WK:51.8 Daily:69.7 & looking to go up clearly
Also making HH and HL from the recent low levels.
Can be considered for 320/350 levels.
Add to watchlist.
Please do your own research before taking a call.
REFEX - Possible BOLooking at the charts, REFEX seems to be breaking out past 9 months trendline.
If sustained - we should be seeing 160 levels very soon.
2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames.
2022-07-28 - Price crossed Cross WK Piv Upside, On Daily time frame SMA-13 Crossed SMA-55 upside. Also Normal NR7
2022-08-01 - Volume is 3-M - High. ADX >26 and DI+ >37. Close Crossing 4 week High, close is above SMA-20 on D/W/M time frame.The trend changed to +ve on M & W time frames.
2022-08-04: Price :130.15 ADX>31, RSI- Monthly :57.7 WeeKly:57.9 Daily:72.3. High on momentum.
Add to watchlist.
BTC BEARISH SCENARIO WHICH IS GOING TO PLAYIn above chart, We can see a trend line acting as a support and resistance for about a year. Above trend line acted as support for about 4 times. After price broke out of trend line now the price is going for a retest. Thus we are going to see more downside in price