On Daily Chart , Yes Bank has formed Morning star candle stick pattern , Which is considered Bullish . Additionally Stochastic RSI indicator is in Over sold region and its signal line has generated Buy signal. Moreover it has crossed & closed above Rs 167 which has served as strong support during previous two fall. It is going to give a good up move if it...
BTST IN HAVELLS OCT FUTURES MORNING STAR PATTERN BUY@646 STOP@640 TARGET@660 LOT:1000 QTY:1
BTST IN RELINFRA AUGUST FUTURES MORNING STAR CANDLESTICK PATTERN BUY@422.5 STOP@416.95 TARGET@432.5 LOT:1300 QTY:1
After a steep fall from 1289 to 1050 levels, looks like Shriram Transport Finance NSE:SRTRANSFIN has been slowly rising upward. I can see that the stock has taken support between 50% and 61.8% of the previous uptrend, and has formed a Morning Star Reversal pattern. Good opportunity to go long here with a stop loss of 1139 for successive targets of 1237 and...
cmp - 82.40, in monthly it is has bounced from horizontal support zone. final support at 50. In weekly regular bullish divergence and morning star pattern formed. 1st tgt - 114, 2nd tgt - 160
ARVIND should buy above 396 Reasons for Buying 1. Stochastic oscillator 2. RSI oscillator 3. Morning Star Formation
After a long downtrend from 4300 levels, looks like Nifty Metal index NSE:CNXMETAL has managed to get some support at least temporarily at 3320 levels. It will be interesting to see what happens at the trendline resistance which is currently around 3700 levels. I can see a Double Bottom here with positive divergence and also a Morning Star formation. Good...
IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above
IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above 54 can lead to 60 within 2 weeks time frame.
in weekly, price at horizontal channel support, morning star candlestick pattern formed at the support zone. with sl - 54, tgt1 - 72, tgt2 - 90
In daily, price bounced from channel support, morning star pattern formed at the support, sl - 230, tgt - 280
ICICIBANK has taken support near 264 which is its earlier resistance area and has formed morning star pattern. It needs to close above 272 for confirmation for trend reversal. It it sustains above 272, then 300 looks possible. Below 264, pattern failure.
TATAELXSI has morning star pattern near important support level.
AJANTPHARM has formed morningstar pattern on 23rd August and has consolidated between 1180-1240 zone. Yesterday it showed breakout from that range and its a good bet for short-term upside.
IDEA has taken support near 77 and has formed morning star pattern on daily chart.
Morning Star –Talents / Patterns cannot be hidden@ 398-408 Fold your hands & say thank you to Morning Star- They will feel nice. Talents/ Patterns cannot be hidden for long, they are like bubble or soda pop in the fizzy water. Megha Mishra, A talented kid for the music industry is all set with her mind blowing song "Who am I" for an upcoming...
in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131...