BEL looking bullish on chart trading above 200 SMA AND EMA
Bharat Electronics Ltd 2018-19 revenue up 16%
Levels are mentioned on chart.
Open to discuss here.
we believe that discussion will bring more informative information for the same.
For more ideas. please keep in touch and follow us
TFX break out of a wide consolidation range and reached a new all time high. All moving averages go up and the stock Shows a lots of strength. A possible target is 330-336$ and the stop should be round 285$
Nifty has gained around 9% in one month and it is very likely that it may reverse.
RSI and MACD have also shown a signal of reversal.
Short nifty for a target of
TGT 1 - 11390
TGT 2 - 11330
TGT 3 - 11250
SL - 11650
The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the SMA 200. Orders are closed when the SMA 50 crosses below SMA 200. The strategy does not short.
The golden cross is a technical chart pattern indicating the potential for a major rally.
Sell ULTRATECH CEMENT on rise with SL of 4190 and targets of 3819. A confirmation obtained on RSI and a convergence on MACD on the cards that will eventually lead to a downward move. One can book profits on their longs.
Cup & Handle Break Out.
EMA May Act As Support.
Depth Of Cup 350 Points.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.