Weekly chart rsi above 60
macd above 0
price above 50 ma
daily chart price above 50,100,200 ma
macd crossed 0 just 1 day before
rsi above 70
above all make it perfect to buy for 3 to 10 days
Ajmera Realty, a reputable real estate company, presents a swing trade opportunity. Buy AJMERA shares between 315 to 320 and aim to sell at 340 to 360 for potential profits. As with any investment, conduct thorough research, consider market conditions, and manage risks appropriately. Consult a financial advisor for personalized guidance.
This study is to show the importance of a simple Triple confirmation Strategy in WIPRO that has generated a good return in the past and currently shows the same confirmation.
1. 200 Weekly Moving average – the stock must have tested the 200 Weekly Moving Average.
2. Rate of Change must be above 1
3. RSI must be at or above 50 or marginally lower.
In the Past:
...
A continuation trade can be planned with small risk...
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not...
INFY finally breaks out of its long term resistance zone AGAIN after breaking past the 50EMA on above average volume.
Very favourable risk to reward with the stop loss below the 50EMA
Target near the recent breakout high.
Keep It Simple
we can see double bottom , rsi positive divergence and now the price is above 75 ema so it is in buying zone and price already corrected from 52 week highs can accumlate for good risk reward ratio
Beautiful number of confluences have been shown by NAUKRI
1. Support of the 50EMA
2. Support of the trendline
3. Break of 200EMA
4. Very favourable and quick risk to reward ratio
All this was done on above average volume making a high probability for a long trade.
Target should be at the next level of confluence 4881.
Keep It Simple
Adani Green has given a beautiful pullback to its previous
1. resistance zone
2. double bottom neckline
3. trendline
A possibility of a long trade when the high of the most recent candle is broken on above average volume which breaks theresistance level, neckline and
push off from trend line.
Targets can be taken at T1 and T2
Keep It Simple
Hey, do you like profit then your search is ending now
Today we are having
NSE: CHOLAFIN
We have already seen that the chart is showing us weakness in the past few days but the scallops patterns have occurred and now you could see a downside
What we have found by analyzing the chart
1. A Scallops pattern has occurred
2. The Chart Breaked a series of dojis and...
Relaxo Long (02 Aug)
RSI- 64
crossed 50 day EMA, Above average volumes since last 8 days
Buy at CMP- 1023
SL- 988
Target- 1085, 1120
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
ICICIBANK (24 June)
RSI- 50
9 days consolidation breakout
Gap up opening above 20 day EMA
Short term
Buy at CMP- 709
SL- 698
Target- 718, 726
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
