Stock coming out of 21 week base of 34%range on a good volumes and is now sustaining above it for 2 weeks. Down week volumes are low showing strength. 170 shall act as a support as there is weekly gap away formed 170-172.65. A weekly close and a follow up thereafter shall make our view invalid. 248 - 280 - 321 - 440 are the levels that can be tested over the...
#MAXIND trading above Resistance of 131.50 Next Resistance is at 174 Support is at 92.70 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
buy @ 105-110 tgt-200\300 sl-80 buy @ 105-110 tgt-200\300 sl-80
Stock Name - Max India Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 106. #This is not Buy and Sell recommendation to any one. This is for education...
Stock Name - Max India Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 417 #This is not Buy and Sell recommendation to any one. This is for education purpose...
Call it Cup and Handle Pattern or an inverted Head and Shoulder pattern , the impact of the outcome is more or less the same. Ride the pattern.
Buy MAXINDIA at CMP (93.5+) and on dips upto 90 T1: 110 T2: 123 T3: 145 SL: 78
Maxindia is trying to bottom out. Weekly positive #divergence in #RSI observed since April 2018 as prices made lower lows (last low of 68.75 in June 2018). Today's daily #candle made low of 75.30 and closed at 83.05. Will get interesting if it closes above 88. #watchlist