ADANI Power closed at an upper circuit way before the market closed at 15th March. Looking at the RSI and Pattern formation, the levels of 85 are not far. SL 78.50
A Bullish Divergence A Morning Star / Bullish Abandoned Baby candlestick. A Double Bottom
Double confirmation 1. Last week it has taken support by forming a Doji candle 2. This week it has confirmed last week support by forming a morning star candle pattern in the weekly time frame This is only for educational purposes and not a suggestion for investing. Do your own research before investing.
A morning star is a bullish three candle pattern that is formed at the bottom of a down move. The first candle in the morning star formation is a big bearish candle that clearly defines the down move. The second candle is a small candle, which is ideally a Doji candle. The third candle is a large bullish candle, which closes near the top of the day. Clearly,...
it has formed at Morningstar pattern on daily charts and taking support at 2500 level. if it continuous it can rally upto 2700-2800 level in very soon time. but to make it has to sustain above 2560 level on lower time at least one candle.(15 min/1 hr). Daily trend shows lower lows and lower highs.
Fundamentals : ------------------- - The whistle blower case got settled down - Stock was on 3 years consolidation - Now it's on the same resistance level of 654 after 2018 - Chances are very high for Break Out Technicals : --------------- - Rounding bottom formation in the weekly chart - Bullish candlestick pattern ( Morning Star ). - if it crossed the...
1) Taking support @ 200 EMA 2) Morning star doji after a down trend . 3) Bounced from horizontal support from which it broke out earlier on 7 DEC. 4) @ the lower end of the new channel it has formed. 5) RSI at oversold region Target - 2445 (9%) SL- Low of the doji
Serious downtrend occurred. Then a Morning star pattern formed even when the whole market rallied down by a lot. Not very good RR Ratio. For Educational Purpose Only
Endurance Tech Head and shoulder breakout on a weekly chart, Long Rally to Come Up Can Take LONG Entry at CMP 1350-1370 in half of your quantity. Then can add remaining quantity if the stock corrects to 1208-1250 levels, or you can add more if the rally continues. It has also formed a morning star on a daily chart ,Expecting a good rally now! It's a clear Head...
USDCHF is looking for great long, Has the potential to make a move to the upside, Setup looks clear. It will make the move to the top at least & has the decent amount of RR in this trade.
A morning star pattern in a downtrend followed by rsi exaggerated bullish divergence suggests some upside move.Go long with the above mentioned target and stoploss.
As NIFTY was on short side for earlier two days of the week ,on 23rd it has taken support for reversal. BHEL can rise upto 34.85-35.00 levels tomorrow.Views are personal take trades on your own risk.
RELIANCE nearly FORMED A MORNING STAR PATTERN Maybe a good BUY!
A Morning star pattern with good volumes and specifically in a downtrend.Give it a try as risk reward is very favourable.
Morning star pattern,good volumes,gap up opening,all these suggests some buying interest.Give it a try with the above mentioned target & stoploss.
Morning star pattern with good volume,also rsi pointing upwards .Go long For above target with the mentioned stop loss.